Date of Estimate Prepared: 7/17/2025
Budget:
Metro Measure R Funds:
Total
8/15/2011 Original Funding Agreement 847,000 Original FA 7/22/2021 Metro Board approved 1,060,000 FA Amendment #6 6/14/2023 Metro Board approved 550,000 FA Amendment #7
7/17/2024 Metro Board approved 1,000,000 Current FA Amendment #8 Feb-25 Metro Board approved 1,500,000 Current FA Amendment #8 Jun-25 Metro Board approved 400,000 Pending FA Amendment #9 5,357,000
Expenditure:
As of 7/17/25 Total Expenditure, billed to date to Metro 3,110,000 Includes RW Payment in full Michael Baker remaining balance 31,400
Construction Estimate with 10% contin. 1,268,000 Prepared by Michael Baker Construction Management & Inspection 273,000 Being negotiated PM Cost till project completion 48,600
Total Projected Expenditure 4,731,000
As of 7/17/25 Projected Budget Surplus/(Shortfall): 626,000 Aviation at Artesia RTO
Total Project Budget and Expenditure Plan
Approved Funds