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Agenda 01/24/2012 Item #17D/'\ 1/24/2012 Item 17. D. EXECUTIVE SUMMARY Recommendation to adopt a resolution approving amendments (appropriating carry forward, .transfers and supplemental revenue) to the Fiscal Year 2011 -12 Adopted Budget. OBJECTIVE: That the Board of County Commissioners adopts the attached resolution and the related amendments that amend the Fiscal Year 2011 -12 adopted budget in accordance with Section 129.06, Florida Statutes. CONSIDERATIONS: Section 129.06, Florida Statutes defines how an annual budget, as adopted by the Board, can be amended. Certain budget amendments that increase the total appropriations of a fund over the adopted annual budget must be approved by resolution of the Board of County Commissioners after an advertised - public hearing. Budget amendments requiring such approval include the appropriation of carry forward, interfund transfers, and supplemental revenue. The budget, amendments in the attached resolution cover Board approved items through January 24, 2012. This is a public hearing to amend the budget for Fiscal Year 2011 -12. Each of these budget amendments has been reviewed and approved by the Board of County Commissioners via separate Executive Summaries. A summary of the attached resolution has been advertised as required in Section 129.06 Florida Statutes. The attached resolution was available for public review and inspection with the related budget amendments and executive summary at the Office of Management and Budget. The amendments and summary are included herein by reference in the resolution. FISCAL IMPACT: The amendments and related executive summaries, which were previously considered and approved by the Board, contained their respective fiscal impact statements. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: The County Attorney's Office has reviewed and approved the attached resolution for legal sufficiency— JAK. RECOMMENDATION: That the Board adopts the attached resolution amending the Fiscal Year 2011 -12 adopted budget. Prepared by: Mark Isackson, Corporate Financial Planning and Management Services County Manager's Office Packet Page -2414- COLLIER COUNTY Board of County Commissioners Item Number: 17.D. 1/24/2012 Item W.D. Item Summary: Recommendation to adopt a resolution approving amendments (appropriating carry forward, transfers and supplemental revenue) to the Fiscal Year 2011 -12 Adopted Budget. Meeting Date: 1/24/2012 Prepared By Name: HutchinsonBarbetta Title: Executive Secretary,Office of Management & Budget 1/12/2012 10:15:17 AM Submitted by Title: Executive Secretary,Office of Management & Budget ^ Name: HutchinsonBarbetta 1/12/2012 10:15:19 AM Approved By Name: KlatzkowJeff Title: County Attorney, Date: 1/13/2012 9:01:47 AM Name: UsherSusan Title: Management/Budget Analyst, Senior,Office of Manage Date: 1/17/2012 11:20:19 AM Name: SheffieldMichael Title: Manager- Business Operations, CMO Date: 1/17/2012 11:32:30 AM Packet Page -2415- RESOLUTION NO. 12- 1/24/2012 Item 17.D. A RESOLUTION PURSUANT TO SECTION 129.06(2), FLORIDA STATUTES, AMENDING THE BUDGET FOR THE 2011 -12 FISCAL YEAR. WHEREAS, Section 129.06(2), Florida Statutes, provides that the Board of County Commissioners (hereinafter also referred to as 'Board ") at any time within a fiscal year may amend a budget for that year, and provides the procedures therefore; and WHEREAS, the Board of County Commissioners of Collier County, Florida, has received copies of budget amendments which appropriate: unanticipated carry forward, or make transfers from one fund to another; and WHEREAS, the Board has determined that it is appropriate to amend the Budget for Fiscal Year 2011 -12 by resolution pursuant to Section 129.06, Florida Statutes. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that the budget amendments to the FY 2011 -12 Budget described below are approved and hereby adopted and the FY 2011- 12 Budget is so amended. INCREASE (DECREASE) CARRY FORWARD BUDGET OR INCREASE INCREASE INCREASE AMENDMENT INTERFUND (DECREASE) INCREASE (DECREASE) (DECREASE) (DECREASE) FUND NUMBERS TRANSFERS RECEIPT EXPENDITURE RESERVES INTERFUND TRANSFERS 186 12 -101 (10/25/11 -1385) $76,000 $76,000 Immokalee CRA Transfer funds from Immokalee Beautification Fund 162 to fund a project manager position within the Immokalee CRA budget. 215 12 -143 (10/25 /11 -1OB) $98,100 $98,100 2003 Sales Tax Bond Transfer funds to reflect interest changes upon refunding of the 2003 Sales Tax Bonds. 216 12 -144 (10/25/11 -1 OB) $723,000 $723,000 2005 Sales Tax Bond Transfer funds to reflect interest changes upon refunding of the 2005 Sales Tax Bonds. 298 12 -145 (10/25/11 -JOB) $937,500 $937,500 2011 Revenue Bonds Transfer funds to create budget for the first interest payment due to refunding of 2003 and 2005 Sales Tax Bonds. 412 12 -141 (10/25/11 -1OB) $2,657,900 $2,657,900 Water Capital Fund Transfer funds to capital reserves upon refunding of the 2003 and 2005 Sales Tax Bonds. 414 12 -142 (10/25/11 -1OB) $2,657,900 $2,657,900 Wastewater Capital Fund Transfer funds to capital reserves upon refunding of the 2003 and 2005 Sales Tax Bonds. 429 12 -126 (1/10/12- 16A11) $22,189 $4,016 $26,205 Transportation Disadvantaged Match Transfer funds to provide matching grant funds for Transportation Disadvantaged. 476 12- 122(1/10/I2 -16C2) $150,833 $150,833 Solid Waste Match Transfer grant match funds for Hazard Mitigation Program. 495 12- 103(12/1311 -1661) $16,500 $16,500 Airport Authority Transfer Airport Authority grant funds for repairs to the Everglades fuel farm. -1- Packet Page -2416- 1/24/2012 Item 17.D. BE IT FURTHER RESOLVED that the Clerk is hereby ordered and directed to spread this Resolution in full among the minutes of this meeting for permanent record in his office. This Resolution adopted this 24`h day of January, 2012, after motion, second and majority vote. ATTEST: DWIGHT E. BROCK, Clerk BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA BY: o_ _.