Lea,

 

Here are the progress reports for Belt Line and the 2008 capital projects through 5/31/2011.  

 

Belt Line – I have projected that we will spend the remaining balance in Fund 44 and then spend $354,182 from Fund 47, leaving a balance of $84,905.

 

2008 Capital Projects – With the outstanding contracts for the storage tank, I am projecting a $967,000 re-allocation from the Addison Road project to cover the amount.  Vitruvian and
Spring Valley still appear on track overall, although we will need to shift some funding from Fund 49 to Fund 61 as the Utility Fund is overspent for these projects.

 

Please let me know if I can provide any additional information.

 

Thanks and have a good weekend!

Marisa

 

 

Marisa Perry, CPA

Financial Services Manager

Town of Addison

(972) 450-7064