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Agenda 06/24/2014 Item #16A 66/24/2014 16.A.6. EXECUTIVE SUMMARY Recommendation to approve a budget amendment in the amount of 523,490.94 to recognize revenues received from traffic accident reimbursements from Insurance Companies in Landscape Project Fund 112, Project #60076, Traffic Accidents and Turnianes, and Landscape Project Fund 112, Project #60075, Landscape Asset Management. OBJECTIVE: Approve a budget amendment in the amount of $23,490.94 to recognize revenues for future repairs from traffic accident reimbursements in Landscape Project Fund (112), project 960076 (Traffic Accidents and Turnlanes) and Landscape Project Fund (112), project 460075 (Landscape Asset Management). CONSIDERATIONS: The Road Maintenance Department Landscape staff coordinates with the Risk Management Department to collect reimbursements for damages due to traffic accidents on our landscaped medians. By recognizing revenues from traffic accidents and other similar events, repairs can be made to replace damaged plant material, broken irrigation components, and to replace any other incidental landscape work within the county rights of way. The accident repairs and other incidental repairs are made during the summer months so as not to impede the traffic flow. FISCAL IMPACT: Damages due to traffic accidents were repaired through Fund (111) Landscape Maintenance. The balance of the revenues will be budgeted and utilized for replacements in FY 14. A budget amendment in the amount of $23,490.94 is needed to recognize revenues of $13,518.65 in Fund 112, project #60076 (Traffic Accidents and Turnlanes) and revenues of $9,972.29 in Fund 112, project 460075 (Landscape Asset Management) for use in landscape related repairs caused by traffic accidents. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and it requires a majority vote for Board approval - SAS RECOMMENDATION: That the Board of County Commissioners approve a budget amendment in the amount of $23,490.94 to recognize revenues for future repairs from traffic accident reimbursements in Landscape Project Fund 112, project #60076 (Traffic Accidents and Turnlanes) and Landscape Project Fund 112, project #60075 (Landscape Asset Management). Prepared by: Pamela Lulich, Landscape Operations Manager, Road Maintenance Department Attachment: 1) Budget Amendment Packet Page -533- 6/24/2014 16.A.6. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.6. Item Summary: Recommendation to approve a budget amendment in the amount of $23,490.94 to recognize revenues received from traffic accident reimbursements from Insurance Companies in Landscape Project Fund 112, Project #60076, Traffic Accidents and Turnlanes, and Landscape Project Fund 112, Project #60075, Landscape Asset Management. Meeting Date: 6/24/2014 Prepared By Name: LulichPamela Title: Manager - Landscape Operations, Landscape Operations 5/28/2014 3:06:06 PM Approved By Name: V1ietJohn Title: Director - Road Maintenance, Road Maintenance Date: 5/28/2014 5:06:31 PM Name: HerreraGloria Title: Management/Budget Analyst, Transportation Administration Date: 5/29/2014 10:09:06 AM Name: LynchDiane Title: Supervisor - Operations, Road Maintenance Date: 6/3/2014 3:22:37 PM Name: ShueGene Title: Director - Operations Support, Transportation Administration Date: 6/4/2014 12:01:08 PM Name: KearnsAllison Title: Manager Financial & Operational Support, Transportation Administration Date: 6/4/2014 4:41:05 PM Name: StoneScott Title: Assistant County Attorney, CAO Land Use /Transportation Packet Page -534- 6/24/2014 16.A.6. Date: 6/5/2014 8:11:01 AM Name: MarcellaJeanne Title: Executive Secretary, Transportation Planning Date: 6/10/2014 9:31:59 AM Name: FinnEd Title: Management/Budget Analyst, Senior, Transportation Engineering & Construction Management Date: 6/11/2014 11:08:41 AM Name: KlatzkowJeff Title: County Attorney, Date: 6/13/2014 11:26:57 AM Name: OchsLeo Title: County Manager, County Managers Office Date: 6/16/2014 10:39:07 AM Packet Page -535-