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Agenda 06/26/2018 Item #16A1106/26/2018 EXECUTIVE SUMMARY Recommendation to recognize and appropriate revenue to the roadside Wall Barrier/Replacement project (60130) in the amount of $600,000 for Fiscal Year 2018 and authorize all necessary Budget Amendments. OBJECTIVE: To recognize and appropriate revenue to the Wall Barrier/Replacement project (60130) in the amount of $ 600,000 for Fiscal Year 2018 and authorize all necessary Budget Amendments. CONSIDERATION: Monies from various projects in Transportation Capital Fund (310) were re- allocated to the Hurricane Irma project (50154) for recovery efforts. As insurance reimbursement proceeds are collected revenues will be recognized and allocated back to various Transportation Capital Fund (310) projects. FISCAL IMPACT: Budget Amendments are necessary to recognize and appropriate $600,000 of insurance revenue to Wall Barrier/Replacement project (60130) from Transportation Capital Fund (310) Hurricane Irma project (50154). GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues, and requires majority vote for approval. -JAK RECOMMENDATION: That the Board of County Commissioners authorizes all necessary Budget Amendments to recognize and appropriate revenues to the Wall Barrier Replacement project (60130) from Transportation Capital Fund (310) Hurricane Irma project (50154) in the amount of $600,000 for Fiscal Year 2018. Prepared by: Christopher Johnson, Manager Financial & Operations Support, Operations Support Division, Growth Management Department. 16.A.11 Packet Pg. 680 06/26/2018 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.11 Doc ID: 5781 Item Summary: Recommendation to recognize and appropriate revenue to the roadside Wall Barrier/Replacement project (60130) in the amount of $600,000 for Fiscal Year 2018 and authorize all necessary Budget Amendments. Meeting Date: 06/26/2018 Prepared by: Title: Accountant, Senior – Growth Management Operations Support Name: Christopher Johnson 05/25/2018 1:34 PM Submitted by: Title: Division Director - Operations Support – Growth Management Department Name: Gene Shue 05/25/2018 1:34 PM Approved By: Review: Growth Management Department Diane Lynch Level 1 Reviewer Completed 05/30/2018 2:48 PM Growth Management Department Lisa Taylor Additional Reviewer Completed 05/30/2018 3:35 PM Growth Management Department Gene Shue Additional Reviewer Completed 05/30/2018 4:23 PM Growth Management Department James French Deputy Department Head Review Skipped 05/31/2018 11:32 AM Growth Management Department Thaddeus Cohen Department Head Review Completed 05/31/2018 3:46 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/31/2018 4:44 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 06/04/2018 9:44 AM Office of Management and Budget Susan Usher Additional Reviewer Completed 06/05/2018 3:18 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 06/14/2018 2:51 PM Board of County Commissioners MaryJo Brock Meeting Pending 06/26/2018 9:00 AM 16.A.11 Packet Pg. 681