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Agenda 11/14/2017 Item #16F 811/14/2017 EXECUTIVE SUMMARY Recommendation to authorize additional FY 2018 budget amendments covering post Hurricane Irma clean up and recovery for Debris Removal OBJECTIVE: Establish sufficient FY 2018 budget providing for uninterrupted clean up and recovery post Hurricane Irma. CONSIDERATIONS: Funding cleanup and restoration of the community in the aftermath of Hurricane Irma continues and to that end, this executive summary requests approval for one (1) additional FY 2018 budget amendment providing for an additional $40 million in debris removal appropriations. Previous debris removal budget amendments have totaled $37,750,000 and this additional BA will cover expected debris removal costs through November and into December. It is expected that an additional $30 plus million in budget may be necessary to fully fund the debris removal mission. This BA will likely be submitted to the Board for approval on December 12th. Attached to this report is a complete summary of all FY 2017 and current to date FY 2018 Hurricane Irma budget amendments including the budget amendment covered in this executive summary. Cumulatively, all FY 2017 and FY 2018 budget amendments to date total $114,134,200. The amount spent to date, including payroll, during FY 2017 and FY 2018 totals $25,968,000. It is expected that the first reimbursement package will be submitted to FEMA in late November totaling approximately $56,650,000. The amount of time between reimbursement submittal and deposit to the County will be closely monitored. Establishing sufficient budget for clean up and restoration from this event is not indicative of actual expenditures, simply a barometer of anticipated expenses. FISCAL IMPACT: This Hurricane event will require a significant amount of County resources up front in anticipation of reimbursement in the coming months. The most significant component will be removing approximately 4.5 million cubic yards of debris from the community. The County has sufficient resources to cash flow the required clean up and restoration work and we are well positioned to submit for reimbursement for work performed to the appropriate agencies in a timely fashion. However, OMB will be monitoring the reimbursement stream closely and if necessary take appropriate mid -year budget management steps to always insure that sufficient year ending FY 2018 cash is maintained. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for approval. - JAK RECOMMENDATION: Authorize this FY 2018 budget amendment covering post Hurricane Irma clean up and recovery for debris removal. Prepared by: Mark Isackson, Director of Corporate Finance and Management Services, Office of Management and Budget ATTACHMENT(S) 1. Reports (PDF) 16.F.8 Packet Pg. 1957 11/14/2017 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.8 Doc ID: 4145 Item Summary: Recommendation to authorize additional FY 2018 budget amendments covering post Hurricane Irma clean up and recovery for Debris Removal. Meeting Date: 11/14/2017 Prepared by: Title: Operations Coordinator – Office of Management and Budget Name: Valerie Fleming 11/06/2017 2:50 PM Submitted by: Title: Operations Coordinator – Office of Management and Budget Name: Valerie Fleming 11/06/2017 2:50 PM Approved By: Review: Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 11/06/2017 2:51 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 11/07/2017 7:41 AM Budget and Management Office Mark Isackson Additional Reviewer Completed 11/07/2017 8:32 AM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 11/08/2017 11:50 AM Board of County Commissioners MaryJo Brock Meeting Pending 11/14/2017 9:00 AM 16.F.8 Packet Pg. 1958 16.F.8.a Packet Pg. 1959 Attachment: Reports (4145 : Recommendation to authorize additional FY 18 budget amendments 16.F.8.a Packet Pg. 1960 Attachment: Reports (4145 : Recommendation to authorize additional FY 18 budget amendments covering post Hurricane Irma clean up) 16.F.8.a Packet Pg. 1961 Attachment: Reports (4145 : Recommendation to authorize additional FY 18 budget amendments covering post Hurricane Irma clean up) 16.F.8.a Packet Pg. 1962 Attachment: Reports (4145 : Recommendation to authorize additional FY 18 budget amendments covering post Hurricane Irma clean up)