Loading...
Agenda 02/14/2012 Item #16A 52/14/2012 Item 16.A.5. EXECUTIVE SUMMARY Recommendation to authorize a budget amendment to recognize revenue for projects within the Transportation Supported Gas Tax Fund (313) in the amount of $442,461.37. OBJECTIVE: For the Board of County Commissioners to authorize a budget amendment to recognize revenue for the Fair Share Intersections Program, Countywide Pathways Program, Traffic Impact Study Review, Planned Unit Development (PUD) Monitoring /Traffic Counts Payment -in -Lieu, and PUD Monitoring/Fair Share within the Transportation Supported Gas Tax Fund (313) in the amount of $442,461.37. 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 spent on projects for which the developments were identified for mitigation or on consultant contracts to perform the studies on the developments' behalf under required monitoring conditions. These funds were collected in fiscal year 2012 and exceeded the revenue budget. We wish to recognize these funds and have the funds transferred into the appropriate project accounts as follows: Project Title Fair Share Intersections PUD Monitoring /Traffic Counts Countywide Pathways TIS Review Total Amount collected in FY 2012 exceeding budgeted revenues' $424,443.87 $8,080.00 $5,687.50 $4,250.00 $442,461.37 FISCAL IMPACT: In fiscal year 2012 money was deposited into the Transportation Supported Gas Tax Fund. A budget amendment is required to recognize additional revenue and appropriate into the correct projects in the amount of $442,461.37. LEGAL CONSIDERATIONS: This item has been reviewed and approved by the County Attorney and does not present a legal issue. This item requires majority vote. - JAK GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. RECOMMENDATION: That the Board of County Commissioners authorize the necessary budget amendment. Prepared By: Laurie Beard, Transportation Planner, Growth Management Division, Planning & Regulation, Land Development Services Attachments: Budget Amendment Packet Page -1151- COLLIER COUNTY Board of County Commissioners Item Number: 16.A.5. 2/14/2012 Item 16.A.5. Item Summary: Recommendation to authorize a budget amendment to recognize revenue for projects within the Transportation Supported Gas Tax Fund (313) in the amount of $442,461.37. Meeting Date: 2/14/2012 Prepared By Name: BeardLaurie Title: Planner,Transportation Planning 1/19/2012 3:23:32 PM Approved By Name: LorenzWilliam Title: Director - CDES Engineering Services, Comprehensive Date: 1/24/2012 1:20:14 PM Name: LaPierreBarbara Title: Management/Budget Analyst,Transportation Administr Date: 1/24/2012 3:15:48 PM Name: PuigJudy Title: Operations Analyst, CDES Date: 1/24/2012 3:58:45 PM Name: FederNorman Title: Administrator - Growth Management Div,Transportati Date: 1/26/2012 10:13:20 AM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 1/26/2012 10:34:39 AM Name: KlatzkowJeff Title: County Attorney, Date: 1/30/2012 4:10:34 PM Packet Page -1152- Name: UsherSusan Title: Management/Budget Analyst, Senior,Office of Manage Date: 2/2/2012 3:30:59 PM Name: OchsLeo Title: County Manager Date: 2/2/2012 3:51:45 PM Packet Page -1153- 2/14/2012 Item 16.A.5.