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On agenda:
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8/19/2025
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Final action:
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Title:
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Approve the allocation of $146,393,764 from the County Capital Projects Fund (4370), $40,000,000 from the IT Capital Projects Fund (4380), and $13,105,000 from the Special Ad Valorem Capital Projects Fund (4160) to fund countywide Capital Projects. (For possible action)
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CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Jessica L. Colvin, Chief Financial Officer |
Recommendation:
title
Approve the allocation of $146,393,764 from the County Capital Projects Fund (4370), $40,000,000 from the IT Capital Projects Fund (4380), and $13,105,000 from the Special Ad Valorem Capital Projects Fund (4160) to fund countywide Capital Projects. (For possible action)
body
FISCAL IMPACT:
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Fund #: |
4370.000 |
Fund Name: |
County Capital Projects |
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Fund Center: |
N/A |
Funded PGM/Grant: |
Various |
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Amount: |
$146,393,764 |
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Description: |
Capital Projects |
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Additional Comments: |
$146,393,764 is currently available in the County Capital Projects Fund (4370) to fund the recommended projects. |
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Fund #: |
4380.000 |
Fund Name: |
IT Capital Projects Fund |
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Fund Center: |
N/A |
Funded PGM/Grant: |
Various |
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Amount: |
$40,000,000 |
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Description: |
IT Capital Projects |
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Additional Comments: |
$40,000,000 is currently available in the IT Capital Projects Fund (4380) to fund the recommended projects. |
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Fund #: |
4160.000 |
Fund Name: |
Special Ad Valorem Capital Projects Fund |
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Fund Center: |
N/A |
Funded PGM/Grant: |
RP.D0922008 |
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Amount: |
$13,105,000 |
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Description: |
Regional Justice Center 21 Step Tenant Improvements |
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Additional Comments: |
$13,105,000 will be available in the Special Ad Valorem Capital Projects Fund (4160) to add funding to the Regional Justice Center 21 Step TI project (RP.D0922008). |
BACKGROUND:
Each year, the Board is asked to allocate funds available in multiple County capital project funds to support projects essential to County operations. Due to FY24 budgetary savings, investment earnings, special ad valorem tax revenues, and available remaining funds from closed projects, a total of approximately $199,498,764 is available this year for pay-as-you-go capital projects.
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