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Council to consider moving $1.74 million in gas‑tax funds back to capital and stormwater accounts
Summary
City staff proposed reallocating $1,738,596.45 from the 7¢ gas tax fund into capital and stormwater accounts to correct past uses and to fund resurfacing and identified stormwater projects; council asked for project schedules and details and will consider the amendment in two weeks.
City staff told Homewood City Council on April 13 they intend to move $1,738,596.45 from the 7¢ gas tax fund (Fund 4) into capital and stormwater accounts to align resurfacing expenditures with the gas‑tax revenue that should be paying for them. The staff presentation said resurfacing had previously been paid from capital funds and that the transfer will correct those internal accounting choices.
Mr. Smith, a city staff member, laid out the accounting move and said the transfer would cover resurfacing and several capital projects; he noted the city typically receives about $1.1 million annually from the 7¢ and related gas taxes for resurfacing. Council members pressed for specifics, asking how much projects such as the 18th Street paving would cost and asking for a multi‑year schedule for gas‑tax allocations.
Key detail: the transfer amount given by staff was $1,738,596.45. Councilors asked staff to provide clearer line‑item project costs and to confirm that, going forward, gas‑tax receipts will be designated for road resurfacing. One councilor also asked about Alabama Power’s role in signal‑pole and lighting work connected to a proposed $120,000 allocation for light‑pole rehabilitation.
Next step: Staff said the amendment will be on the council agenda in two weeks for formal consideration; Council asked for an implementation schedule and more precise project cost estimates ahead of the vote.
