COM 0140.011 2000-2002 - Laserfiche WebLink

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d Traffic Sienals and Street L~~hts The budget for this section increases by $337,673 (26%). S~gmficant changes within each object code include l Electricity -increases by $231,600 (32%)because of higher energy charges Estimated shortfall for the current budget ~s $100,000 because of significant increases caused by higher cost of fuel Future budget is based on additional increases in energy costs, as well as the energy costs for new signals and street lights added to the system 2 :Miscellaneous contract services -decreases by $47,200 (21%) Anticipate using fuel tax funds for street I~ght duct work in Waikoloa 3 Fuels and lubricants -increases by $2,463 (29%) because of higher fuel costs 4 Highway materials -increases by $ ] 50,000 (50%) to purchase green LED signals (energy conservation conversion program) e Traffic Siens and Markines The budget for this section decreases by $18,740 (4%) Significant changes w~thm each object code include 1 Refuse disposal -decreases by $2,000 (40%) because of reduced regwrements for disposal of hazardous materials 2 Fuels and lubricants -increases by $1,850 (25%) because of higher fuel costs f. Pazkine Meters Unfunded 4 CONCLUSION The division's budget for FY 2001-2002 ~s $3,501,655, an increase of $423,143 (14%) from FY 2000-2001 The 14% increase in the overall Traffic Drv~sion budget for FY 2001-2002 ~s pnmazily from increases m the electricity charges ($231,600), the initial material cost of the LED energy conservation conversion program ($150,000), the cost of new striping egwpment to improve the quality and durab~hty of pavement markings ($110,000) and replacement equipment ($166,500)