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Agenda 12/08/2015 Item #16A18/1-11. 12/8/2015 16.A.18. EXECUTIVE SUMMARY Recommendation to authorize a budget amendment to recognize revenue and transfer funding for projects within Transportation Capital Fund (313) in the amount of $215,156.83 (Projects 69081, 60088, and 60066.) OBJECTIVE: For the Board of County Commissioners 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 2016 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 2016 (exceeding budgeted revenues) Congestion Fare Mgt (60066) $171,112.75 County Wide Bikeway (69081) $43,544.08 PUD Monitoring /Traffic Counts $500.00 (60088) Total FISCAL, IMPACT: Budget amendments are required to recognize the additional revenue exceeding FY16 budgeted amounts and appropriate into the correct projects in the amount of $215,156.83 within the Transportation Supported Gas Tax Fund (313). 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: To recognize funds in the amount of $215,156.83, and authorize the necessary budget amendment. Prepared By: Laurie Beard, Project Manager, Capital Project Planning, Impact Fees and Program Management Division, Growth Management Department Attachment: 1) Budget Amendment Packet Page -616- 12/8/2015 16.A.18. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.18. Item Summary: Recommendation to authorize a budget amendment to recognize revenue and transfer funding for projects within Transportation Capital Fund (313) in the amount of $215,156.83 (Projects 69081, 60088, and 60066.) Meeting Date: 12/8/2015 Prepared By Name: BeardLaurie Title: Project Manager, Transportation Planning 11/9/2015 3:12:39 PM Approved By Name: ScottTrinity Title: Manager - Planning, Transportation Planning Date: 11/9/2015 3:56:42 PM Name: Tara Castillo Title: Management/Budget Analyst, Capital Construction & Maintenance Budget/Fiscal Date: 11/9/2015 4:04:40 PM Name: PuigJudy Title: Operations Analyst, Operations & Regulatory Management Date: 11/10/2015 4:27:33 PM Name: PattersonAmy Title: Division Director - IF, CPP & PM, Capital Project Planning, Impact Fees and Program Management Date: 11/13/2015 10:18:22 AM Name: WilkisonDavid Title: Department Head- Growth Management Dept, Growth Management Department Date: 11/14/2015 12:42:14 PM Name: KlatzkowJeff Title: County Attorney, Packet Page -617- Date: 11/16/2015 10:52:01 AM Name: UsherSusan 12/8/2015 16.A.18. Title: Management/Budget Analyst, Senior, Office of Management & Budget Date: 11/19/2015 11:36:49 AM Name: CasalanguidaNick Title: Deputy County Manager, County Managers Office Date: 11/22/2015 10:31:51 AM Packet Page -618-