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Fiscal Impact

A fiscal note shows the financial impact of a given legislative action.
Cooperative agreement with Hennepin County for Franklin Ave Signals and Pedestrian Improvements Project - Fiscal Note

No
Public Works
Capital Fund 04100
No
$500,000 of County State Aid already appropriated in CTR1922, this action increases that by $711,100, per agreement. City share funded by net debt bonds in CTR022 program.
BUDGET IMPACT
List of revenues and expenditures related to this request
Request Financing 2021 2022 2023 2024 2025
Revenue Sources
County State Aid (322001) $711,100
Total Revenues $711,100 $0 $0 $0 $0
Expenditures
CTR02219 $711,100
Total Expenditures $711,100 $0 $0 $0 $0
Net Budgetary Impact (Revenue-Exp.) $0 $0 $0 $0 $0
Not Applicable
Not Applicable