be transferred back to its original funding source (i.e. Fund 153 – Sewer Surcharge).
Gladstone–Riverside/Wyandotte(7164006)	$300,000	There is a project surplus of $300,000 on this project as well as a further anticipated surplus of $50,000 a result of favourable tender pricing from initial budget estimates. Administration will recommend transferring a surplus of $300,000 to project 7184006 - California/Pulford – Norfolk/Daytona to mitigate project shortfall when the project is ready to be closed. The remaining $50,000 in anticipated surplus for this project should remain in case there are any unforeseen costs associated with the final portion of this project.
Buckingham – Rose/Iris (7181001)	$200,000	Anticipated surplus is a result of favourable tender pricing from initial budget estimates.

Storm Sewers :

There are 17 active capital projects in this area that are being administered by the Engineering department. There is only one project negative variance of approx. $21,076 as identified below:

Projects with ProjectedDeficit/Surplus	(Deficit)/SurplusAmount	Brief Explanation
Flood Risk Study –Riverside/St.Clair(7181032)	($21,076)	Project is complete and can be closed. Budget shortfall is a result of higher tender proposals than initially estimated. Administration is recommending transferring a partial surplus from project 7153005 - Marentette Ave. – Ellis/Hanna to mitigate this negative variance.

Sanitary Sewers:

There are 5 active capital projects in this area that are being administered by the Engineering department. No project variance is anticipated as all of these projects are currently expected to come in on budget.

Corporate Projects: 

There are 19 active capital projects in this area that are being administered by the Development, Projects and ROW department. No project variance is anticipated as all of these projects are currently expected to come in on budget.