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CL- 2079 New Business   Item #:   B.    
City Council Regular Meeting
Meeting Date: 04/02/2019  
Subject:    Virginia Department of Transportation - Fiscal Year 2019 Revenue Sharing Program Allocations
From: Brian Dunevant

First Reading:     04/02/2019
Final Adoption:   04/16/2019

The Commonwealth Transportation Board approved allocations for the FY 2019 Revenue Sharing Program. The City of Danville received a total of $1,183,652 for the following projects: 

$483,652  / UPC 113247 - Riverside Drive East Bound Lane Concrete Base Removal - Audubon Drive to Arnett Boulevard
$350,000  / UPC 113328 - 600 Block Main Street Improvements
$350,000  / UPC 113332 - South Union Street Improvements

These allocations need to be appropriated into the Capital Projects Fund account.

In October 2017, the City of Danville submitted Revenue Sharing Program applications to the Virginia Department of Transportation (VDOT) for three Fiscal Year 2019 projects. VDOT's Revenue Sharing Program provides localities with a funding source for transportation improvement projects. The program requires the locality to match the awarded allocations. The City's matching funds were previously appropriated in General Fund Capital Projects.

It is recommended that City Council adopt the three accompanying Ordinances Amending the FY 2019 Budget Appropriation Ordinance, to appropriate Revenue Sharing Program funds from the Virginia Department of Transportation in the total amount of $1,183,652.


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