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Agenda 02/22/2011 Item #16A5 2/22/2011 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 $102,419.68. OBJECTIVE: For the Board of County Commissioners to authorize a budget amendment to recognize revenue for the Countywide Pathways Program, Traffic Impact Study (TIS) Review, Planned Unit Development (PUD) Monitoring/Traffic Counts Payment-in-Lieu, PUD Monitoring/Fair Share Projects and the Vanderbilt Drive Improvements Project within the Transportation Supported Gas Tax Fund (313) in the amount of$102,419.68. 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 2011 and exceeded the revenue budget. We wish to recognize these funds and have the funds transferred into the appropriate project accounts as follows: Proiect Title Countywide Pathways TIS Review PUD Monitoring/Traffic Counts Fair Share Intersections Vanderbilt Drive Improvements Total Amount collected in FY 2010 (exceeding budgeted revenues) $6,325.95 $8,500.00 $10,225.00 $6,564.46 $70.804.27 $102,419.68 FISCAL IMPACT: In fiscal year 2011, money was deposited into the Transportation Supported Gas Tax Fund. A budget amendment is needed to recognize additional revenue and appropriate into the correct projects in the amount of $1 02,419.68. LEGAL CONSIDERATIONS: This item has been reviewed and approved by the County Attorney and does not present a legal issue. This item requires simple 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 -615- 2/22/2011 Item 16.A.5. COLLIER COUNTY Board of County Commissioners Item Number: 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 $102,419.68. Meeting Date: 2/22/2011 Prepared By Name: BeardLaurie Title: P]anner,Transportation Planning 1/26/2011 ] :32:25 PM Approved By Name: GreeneMichae] Title: Manager - Planning,Transportation Planning Date: 1/27/20] 1 10:15:25 AM Name: PuigJudy Title: Operations Ana]yst, CDES Date: 1/31/20]] 1:42:18 PM Name: LaPierreBarbara Title: Management/Budget Analyst,Transportation Administr Date: 1/311201] 2:48:06 PM Name: MarcellaJeanne Tit]e: Executive Secretary, Transportation Planning Date: 1/31/201] 3:10:44 PM Name: FederNorm Title: Administrator - Growth Management Div,Transportati Date: 1/31/20] 13:29:01 PM Name: WilliamsSteven Title: Assistant County Attorney,County Attorney Date: 2/1/20] 1 9:46:22 AM Packet Page -616- 2/22/2011 Item 16.A.5. Name: KlatzkowJeff Title: County Attorney, Date: 2/10/2011 10:07:07 AM Name: UsherSusan Tit]e: Management/Budget Analyst, Senior,Office of Manage Date: 2/]4/2011 2:39:36 PM Name: K]atzkowJeff Title: County Attorney, Date: 2/15/201] 8:55:27 AM Name: OchsLeo Title: County Manager Date: 2/15/2011 12:34: 17 PM Packet Page -617-