FISCAL IMPACT STATEMENT
PROGRAM: Shaw Avenue Lighting Project
209900260 Inv# 12302722
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $649,865
Indirect Cost $234,535
TOTAL COST $884,400
Additional
Revenue or Savings
Generated
Net City Cost $ 884,400
Amount Budgeted
(If none budgeted,
identify source) $796,100
SUMMARY OF INDIRECT COSTS:
Preliminary Engineering $ 89,100
Construction Engineering $ 80,400
Contingency $ 65,035
Total $ 234,535
The Shaw Avenue Lighting project is 100% federally funded by a grant from the Surface Transportation Block Grant (STBG).