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Agenda 03/24/2015 Item #16F4 3/24/2015 16.F.4. EXECUTIVE SUMMARY Recommendation to approve a budget amendment transferring $200,000 from Pelican Bay Services Division (PBSD) MSTBU Fund 109 Reserves to the PBSD Beautification Cost Center for additional tree trimming services. OBJECTIVE: To fund the additional cost of tree trimming activities necessary to clear all pathway and line of sight obstructions within Pelican Bay. in the current fiscal year. Budget for FY 2015 was $92,000. . CONSIDERATIONS: At their January 7, 2015 regular meeting, the Pelican Bay Services Division Board authorized a major tree trimming project to clean up line of sight issues and keep street lights from being obstructed within the community. Additional funds in the estimated amount of $200,000 for contractor services and temporary labor are needed to complete this project. The PBSD board was apprised that a budget amendment would be done for the funding of this work. FISCAL IMPACT: Current capital reserves in PBSD Fund 109 total approximately $537,000. The proposed action would transfer $200,000 from these reserves to the operating fund to execute the project. Fund 109 receives its revenue from assessments levied upon property owners within the Pelican Bay MSTBU. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. RECOMMENDATION: That the Board of County Commissioners approves a budget amendment transferring $200,000 from the PBSD MSTBU Fund 109 Reserves to the Beautification operating in PBSD Fund 109. Prepared by: Mary McCaughtry, Operations Analyst, Pelican Bay Services Division Packet Page -928- 3/24/2015 16.F.4. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.F.16.F.4. Item Summary: Recommendation to approve a budget amendment transferring$200,000 from Pelican Bay Services Division MSTBU Fund 109 Reserves to the Beautification Cost Center for additional tree trimming services. Meeting Date: 3/24/2015 Prepared By Name: McCaughtryMary Title: Operations Analyst,Pelican Bay Services 3/17/2015 2:49:44 PM Submitted by Title: Operations Analyst, Pelican Bay Services Name: McCaughtryMary 3/17/2015 2:49:46 PM Approved By Name: KlatzkowJeff Title: County Attorney, Date: 3/17/201.5 4:58:00 PM Name: IsacksonMark Title: Division Director-Corp Fin& Mgmt Svc, Office of Management&Budget Date: 3/18/2015 9:25:06 AM Name: OchsLeo Title: County Manager, County Managers Office Date: 3/18/2015 11:45:17 AM Packet Page -929-