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Agenda 04/28/2015 Item #16A 3 4/28/2015 16.A.3. EXECUTIVE SUMMARY Recommendation to authorize a budget amendment to recognize revenue for projects within Transportation Capital Funds in the amount of $175,713.03 (Projects 60085, 69081, 60088, and 60132). OBJECTIVE: For the Board of County Commissioners to authorize a budget amendment to recognize revenue for the Fair Share Intersections Program, Countywide Pathways Program, and Traffic Impact Study Review,within the Transportation Supported Gas Tax Fund (313). CONSIDERATIONS: Funds have been collected specifically as payment-in-lieu, project review fees, and fair share payments from the application and monitoring process. These funds are required to be tracked and expended for mitigation or studies on behalf of the developments as required for monitoring conditions. The revenue received for the Immokalee Road @ CR-951 Project is a proportionate share payment for Cameron Commons within the Heritage Bay PUD. The payment was determined during the site development plan review process. These funds were collected in fiscal year 2015 and exceeded the budgeted revenues. It is now appropriate to recognize these revenues and transfer the funds into the following projects: Project Title Amount collected in FY 2015 (exceeding budgeted revenues) TIS Review $20,000.00 Pathways $58,413.03 Traffic Counts $7,000.00 Imm Rd @ CR-951 Project $90.300.00 Total $175,713.03 FISCAL IMPACT: A budget amendment is required to recognize the additional revenue exceeding FY15 budgeted amounts and appropriate into the correct projects in the amount of $175,713.03 within the Transportation Supported Gas Tax Fund (313). LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, does not raise any legal issues and requires a majority vote for Board approval. -JAK GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. RECOMMENDATION: That the Board of County Commissioners recognizes funds in the amount of$175,713.03, and authorizes the necessary budget amendment. Prepared By: Laurie Beard, Project Manager, Growth Management Department Attachment: 1) Budget Amendment Packet Page-757- 4/28/2015 16.A.3. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.3. Item Summary: Recommendation to authorize a budget amendment to recognize revenue for projects within Transportation Capital Funds in the amount of$175,713.03 (Projects 60085, 69081, 60088, and 60132). Meeting Date: 4/28/2015 Prepared By Name: BeardLaurie Title: Project Manager,Transportation Planning 3/30/2015 1:19:24 PM Approved By Name: LaPierreBarbara Title: ManagementBudget Analyst,Transportation Administration Date: 4/2/2015 10:38:50 AM Name: PattersonAmy Title: Manager-Impact Fees &EDC, Business Management&Budget Office Date: 4/9/2015 1:52:40 PM Name: PuigJudy Title: Operations Analyst, Community Development&Environmental Services Date: 4/9/2015 5:08:01 PM Name: CasalanguidaNick Title: Deputy County Manager, County Managers Office Date: 4/15/2015 7:28:30 AM Name: KlatzkowJeff Title: County Attorney, Date: 4/15/2015 10:39:48 AM Name: UsherSusan Title: Management/Budget Analyst, Senior, Office of Management&Budget Date: 4/17/2015 12:14:26 PM Packet Page-758- 4/28/2015 16.A.3. Name: CasalanguidaNick Title: Deputy County Manager, County Managers Office Date: 4/17/2015 1:03:16 PM Packet Page -759-