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Agenda 05/22/2012 Item #16A 75/22/2012 Item 16.A.7. 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 $38,813.80. OBJECTIVE: For the Board of County Commissioners to authorize a budget amendment to recognize revenue for the 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 $38,813.80. 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 development's 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: Amount collected in FY 2012 Project Title (exceeding budgeted revenues) PUD Fair Share $15,088.05 PUD Monitoring/Traffic Counts $13,305.00 Countywide Pathways $7,670.75 TIS Review _ $2,750.00 Total $38,813.80 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 $38,813.80. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney and does not present a legal issue. This item requires majority vote for approval. -JAK GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. RECOMMENDATION: That the Board of County Commissioners recognize funds in the amount of $38,813.80 and authorize the necessary budget amendment. Prepared By: Laurie Beard, Transportation Planner, Growth Management Division, Planning & Regulation, Land Development Services Attachment: Budget Amendment Packet Page -1381- COLLIER COUNTY Board of County Commissioners Item Number: 16.A.7. 5/22/2012 Item 16.A.7. 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 $38,813.80. Meeting Date: 5/22/2012 Prepared By Name: BeardLaurie Title: Planner,Transportation Planning 4/25/2012 10:07:20 AM Approved By Name: LaPierreBarbara Title: Management /Budget Analyst,Transportation Administr Date: 4/25/2012 11:24:49 AM Name: PuigJudy Title: Operations Analyst, GMD P &R Date: 4/25/2012 12:18:38 PM Name: LorenzWilliam Title: Director - CDES Engineering Services,Comprehensive Date: 4/26/2012 8:48:22 AM Name: JarviReed Title: Transportation Planning Manager, GMD Date: 5/1/2012 10:23:04 AM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Dater 5/2/2012 9:53:42 AM Name: KlatzkowJeff Title: County Attorney Date: 5/9/2012 2:07:43 PM Packet Page -1382- Name: UsherSusan Title: Management /Budget Analyst, Senior,Office of Manage Date: 5/14/2012 10:53:26 AM Name: OchsLeo Title: County Manager Date: 5/14/2012 2:59:00 PM Packet Page -1383- 5/22/2012 Item 16.A.7.