Agenda 06/26/2018 Item #16C 606/26/2018
EXECUTIVE SUMMARY
Recommendation to authorize a budget amendment in the amount of $210,000 transferring funds
between cost centers and line items within the Collier County Water-Sewer District Operating
Fund (408) to cover costs for unanticipated increases in bank fees.
OBJECTIVE: To provide adequate funding for actual / projected FY18 bank fees for credit card
payment processing.
CONSIDERATIONS: Financial Operations Support Utility Billing and Customer Service bills
customer accounts monthly for potable water, sewer, and irrigation quality water services. Bank fees are
incurred for all types of payments including lockbox (checks sent via the postal service), credit cards,
bank drafts, and over-the-counter cash and checks. Bank fees will exceed the amount budgeted for FY18
because payment of final FY17 bank fee invoices occurred in FY18 due to delays caused by Hurricane
Irma and larger than anticipated increases in the customer base and percentage of customers paying via
credit card.
FISCAL IMPACT: Funding is available in the amount of $210,000 within the Collier County Water-
Sewer District Operating Fund (408).
GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this
budget amendment.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to
form and legality, and requires majority vote for approval. -JAK
RECOMMENDATION: That the Board of County Commissioners, Ex-officio the Governing Board of the
Collier County Water-Sewer District, authorize a budget amendment in the amount of $210,000 transferring
funds between cost centers and line items within the Collier County Water-Sewer District Operating Fund
(408) to cover costs for unanticipated increases in bank fees.
Prepared by: Teresa Riesen, Manager - Revenue, Public Utilities
06/26/2018
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.C.6
Doc ID: 5716
Item Summary: Recommendation to authorize a budget amendment in the amount of $210,000
transferring funds between cost centers and line items within the Collier County Water-Sewer District
Operating Fund (408) to cover costs for unanticipated increases in bank fees.
Meeting Date: 06/26/2018
Prepared by:
Title: Operations Coordinator – Public Utilities Operations Support
Name: Lisa Hendrickson
05/17/2018 12:31 PM
Submitted by:
Title: Division Director - Operations Support – Public Utilities Operations Support
Name: Joseph Bellone
05/17/2018 12:31 PM
Approved By:
Review:
Public Utilities Operations Support Joseph Bellone Additional Reviewer Completed 05/25/2018 2:00 PM
Public Utilities Department Sarah Hamilton Level 1 Division Reviewer Completed 05/25/2018 2:39 PM
Public Utilities Department George Yilmaz Level 2 Division Administrator Review Completed 05/31/2018 12:26 PM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 05/31/2018 1:37 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/31/2018 1:59 PM
Budget and Management Office Ed Finn Additional Reviewer Completed 06/01/2018 3:41 PM
County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 06/14/2018 2:40 PM
Board of County Commissioners MaryJo Brock Meeting Pending 06/26/2018 9:00 AM