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Agenda 09/08/2015 Item #16A469/8/2015 16.A.46. EXECUTIVE SUMMARY Recommendation to authorize budget amendments to recognize revenue and transfer funding for projects within Transportation Capital Fund (313) (Projects 69081, 60088, 60066 and 68056.) OBJECTIVE: For the Board of County Commissioners (Board) to authorize a budget amendment to recognize revenue for the 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. 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 69081 County Wide Bikeway 60088 PUD Monitoring Traffic Counts Total Amount collected in FY 2015 (exceeding budgeted revenues) $122,824.40 $5,750.00 5128,574.40 The revenue received for the Collier Boulevard Widening Project is a proportionate share payment for the Brooks Village PUD. The payment was determined during the site development plan review process and received and recognized in both 2007 and 2008. At the time of the recognition the Collier Blvd Road Project 468056 was not yet set up within SAP. Based on the above we are requesting that the proportionate share payment previously received and recognized be moved to the appropriate project. Project Title 60066 Congestion Mgt Fare 69081 County Wide Bikeway Total Amount Previously Recognized for the Collier Blvd Road Project $125,605.95 $99,448.78 5225.054.73 FISCAL IMPACT: Budget amendments are required to recognize additional revenue exceeding FYI budgeted amounts in the amount of $128,574.40 and to move funding from both Congestion Management Fare Project 460066 and County Wide Bikeway Project #69081 totaling $225.054.73 into the Collier Blvd Road Project 468056 within the Transportation Supported Gas Tax Fund (313). Packet Page -1081- 9/8/2015 16.A.46. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, does not raise any legal issue 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 authorize a budget amendment to recognize funds in the amount of $128,574.40, and authorize a $225,054.73 budget amendment to move funding between various projects. Prepared By: Laurie Beard, Project Manager, Capital Project Planning, Impact Fees and Program Management Division, Growth Management Department Attachment: Budget Amendments Packet Page -1082- 9/8/2015 16.A.46. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.46. Item Summary: Recommendation to authorize budget amendments to recognize revenue and transfer funding for projects within Transportation Capital Fund (313) (Projects 69081, 60088, 60066 and 68056.) Meeting Date: 9/8/2015 Prepared By Name: BeardLaurie Title: Project Manager, Growth Management Department 8/11/2015 4:24:57 PM Approved By Name: PuigJudy Title: Operations Analyst, Growth Management Department Date: 8/13/2015 4:11:17 PM Name: Tara Castillo Title: Management/Budget Analyst, Growth Management Department Date: 8/14/2015 1:09:36 PM Name: KearnsAllison Title: Manager Financial & Operational Support, Growth Management Department Date: 8/14/2015 2:37:02 PM Name: AhmadJay Title: Division Director - Transportation Eng, Growth Management Department Date: 8/17/2015 7:17:41 AM Name: ScottTrinity Title: Manager - Planning, Growth Management Department Date: 8/17/2015 12:58:44 PM Name: PattersonAmy Title: Division Director - IF, CPP & PM, Growth Management Department Date: 8/18/2015 1:19:46 PM Packet Page -1083- Name: WilkisonDavid 9/8/2015 16.A.46. Title: Department Head- Growth Management Dept, Growth Management Department Date: 8/18/2015 3:53:49 PM Name: KlatzkowJeff Title: County Attorney, Date: 8/18/2015 4:07:14 PM Name: UsherSusan Title: Management/Budget Analyst, Senior, Office of Management & Budget Date: 8/19/2015 11:26:20 AM Name: OchsLeo Title: County Manager, County Managers Office Date: 8/19/2015 4:30:43 PM Packet Page -1084-