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Agenda 06/14/2016 Item #16F 3 6/14/2016 16.F.3. EXECUTIVE SUMMARY Recommendation to approve a report covering budget amendments impacting reserves and moving funds in an amount up to and including $25,000.00 and $50,000.00, respectively. OBJECTIVE: To approve the attached budget amendments. CONSIDERATIONS: Consistent with policy, movement of dollars under the conditions outlined below requires Board approval via the Report format. • An amendment moving dollars from reserves to an active appropriation in an amount totaling $25,000 or less; or • An amendment moving dollars within a fund but between different Divisions in an amount totaling$50,000 or less. The attached report contains budget amendments submitted for Board consideration. FISCAL IMPACT: Noted on the report. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item was reviewed by the County Attorney, is approved as to form and legality, and requires majority support for approval. -JAK RECOMMENDATION: That the Board authorize the attached Budget Amendment Report. Prepared by: Mark Isackson, Director of Corporate Finance and Management Services, County Manager's Office Packet Page -1853- 6/14/2016 16.F.3. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.F.16.F.3. Item Summary: Recommendation to approve a report covering budget amendments impacting reserves and moving funds in an amount up to and including$25,000 and $50,000, respectively. Meeting Date: 6/14/2016 Prepared By Name: Valerie Fleming Title: Operations Coordinator,Office of Management&Budget 5/27/2016 4:17:57 PM Submitted by Title: Operations Coordinator, Office of Management&Budget Name: Valerie Fleming 5/27/2016 4:17:58 PM Approved By Name: KlatzkowJeff Title: County Attorney, Date: 6/6/2016 8:46:46 AM Name: UsherSusan Title: Management/Budget Analyst, Senior, Office of Management&Budget Date: 6/6/2016 10:48:10 AM Name: CasalanguidaNick Title: Deputy County Manager,County Managers Office Date: 6/6/2016 12:21:12 PM Packet Page-1854- 6/14/2016 16.F.3. APPROVAL OF BUDGET AMENDMENTS BCC Agenda of June 14,2016 Forest Lakes MSTU(Fund 159) Budget Amendment#16-473 Operating Expense Engineering Fees $25,000.00 Reserves Reserves for Future Construction and Improvements ($25,000.00) Total -0- Explanation: Funds needed for additional Engineering Services for the Forest Lakes MSTU. Prepared by: Valerie Fleming,Operations Coordinator,OMB Page 1 of 1 Packet Page-1855-