TITLE: Title
Additional Funds for Public Safety Radio Upgrades
PURPOSE: The purpose of this item is to appropriate the third installment of funding to upgrade public safety radios
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DEPARTMENT: Town Manager and Finance
CONTACT INFORMATION: David Andrews, 919-918-7315; Arche McAdoo 919-918-7439
INFORMATION: In FY 2014-15 the Town was informed by the vendor that the public safety radios current in use would no longer be supported by the vendor in FY 2017-18. The estimated cost provide at that time to upgrade all public safety radios was $819,000. (Total cost has now increased to $927,370 and the Town has secured a price lock of this amount through July 2017.)
The Board decided to set aside annually $273,000 over the next three years beginning in FY 2015-16 for the purpose of upgrading public safety radios. To date $546,000 has been designated in Capital Reserve Fund for the radio upgrades. Rather than appropriating another $273,000 in FY 2017-18 as previously planned, the additional amount needed based on the new estimate is $381,370.
FISCAL & STAFF IMPACT: Additional funds in the amount of $381,370 will be appropriated from Assigned Fund Balance in the General Fund to Capital Reserve Fund public safety radio upgrades.
RECOMMENDATION:r That the Board consider adopting the attached resolution in Attachment A.