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HomeMy WebLinkAboutReports - 2023.12.07 - 40857 AGENDA ITEM: Appropriation for Township Special Assessment District (SAD) Road Repair Partnership Program DEPARTMENT: Board of Commissioners MEETING: Board of Commissioners DATE: Thursday, December 7, 2023 6:00 PM - Click to View Agenda ITEM SUMMARY SHEET COMMITTEE REPORT TO BOARD Resolution #2023-3630 Motion to approve a one time appropriation of $2,000,000 from Assigned Fund Balance to the General Fund/General Purpose Non-Departmental line item account for the Township Special Assessment District (SAD) Road Repair Partnership Program with the Road Commission for Oakland County; further, approve the funding allocation as detailed in the attached Exhibit A; further amend the FY 2024 budget as detailed in the attached Schedule A - Budget Amendment. ITEM CATEGORY SPONSORED BY Budget Amendment Karen Joliat INTRODUCTION AND BACKGROUND The Board of Commissioners, through the adoption of the General Appropriations Act for Fiscal Years 2023 (#22-332) and 2024 (#23-140), has assigned $2,000,000 of fund balance per year for the Township Special Assessment District Road Repair Partnership Program. Each Township Special Assessment District (SAD) with a number of homes per mile of seventy five or greater may receive a maximum of $250,000 or 25% of the overall project cost, whichever is less. Each Township Special Assessment District (SAD) with a number of homes per mile below seventy five and the number of miles of street below one may receive a maximum of 10% of the overall project cost, not to exceed a $2,000 reduction in the assessment per household. BUDGET AMENDMENT REQUIRED: Yes Committee members can contact Michael Andrews, Policy and Fiscal Analysis Supervisor at 248.425.5572 or andrewsmb@oakgov.com, or the department contact persons listed for additional information. CONTACT Karen Joliat, Commissioner ITEM REVIEW TRACKING Aaron Snover, Board of Commissioners Created/Initiated - 12/7/2023 AGENDA DEADLINE: 12/07/2023 6:00 PM ATTACHMENTS 1. Schedule A - Budget Amendment 2. Exhibit A - 2024 S.A.D. Construction Project List updated COMMITTEE TRACKING 2023-11-29 Economic Development & Infrastructure - Forward to Finance 2023-11-29 Finance - Recommend to Board 2023-12-07 Full Board - Adopt Motioned by: Commissioner Charles Cavell Seconded by: Commissioner Ajay Raman Yes: David Woodward, Michael Spisz, Michael Gingell, Penny Luebs, Karen Joliat, Kristen Nelson, Christine Long, Robert Hoffman, Philip Weipert, Gwen Markham, Angela Powell, Marcia Gershenson, William Miller III, Yolanda Smith Charles, Charles Cavell, Brendan Johnson, Ajay Raman, Ann Erickson Gault (18) No: None (0) Abstain: None (0) Absent: (0) Passed Oakland County, Michigan Board of Commissioners - Appropriation for Township Special Assessment District (SAD) Road Repair Partnership Program Schedule "A" DETAIL R/E Fund Name Division Name Fund # (FND) Cost Center (CCN) # Account # (RC/SC) Program # (PRG) Grant ID (GRN) # Project ID # (PROJ) Region (REG) Budget Fund Affiliate (BFA) Ledger Account Summary Account Title FY 2024 Amendment FY 2025 Amendment FY 2026 Amendment R General Fund Non-Department FND10100 CCN9010101 PRG153010 RC665882 665882 Planned Use of Balance $2,000,000.00 $-$- Total Revenues $2,000,000.00 E General Fund Non-Department FND10100 CCN9010101 PRG153010 SC740090 740000 Twp Road Repair Program $2,000,000.00 -- Total Expenditures $2,000,000.00 $-$- Road Commission For Oakland County S.A.D. Projects For Year 2024 Construction Project Name # of Home Per Mile Construction Cost # of Home Sites Miles of Street BOC Rec BLOOMFIELD TOWNSHIP 3141 Bloomfield Village- Red (Twp Assessment)66.9 $9,500,000.00 218 3.26 $50,000.00 3142 Bloomfield Village- Blue (Twp Assessment)72.9 $7,100,000.00 191 2.62 $50,000.00 HIGHLAND TOWNSHIP 08032 Dunham Lake 77.5 $2,000,000.00 196 2.53 $250,000.00 WATERFORD TOWNSHIP 23244 Lakeland Estates/Parkwoode Shores 100.0 $2,000,000.00 126 1.26 $250,000.00 23269 Percy King 115.6 $1,050,000.00 89 0.77 $250,000.00 23270 Lakewood Drive 112.8 $910,000.00 97 0.86 $227,500.00 23272 Otter Hills 68.4 $660,000.00 39 0.57 $50,000.00 WHITE LAKE TOWNSHIP 25070 Fox Bay #2 77.6 $1,457,000.00 132 1.7 $250,000.00 Allocated $1,377,500.00 Budgeted $2,000,000.00 Remaining $622,500.00