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Agenda 06/14/2011 Item #16A 3 . . . ~ 6/14/2011 Item 16.A.3. 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 $36,925. OBJECTIVE: For the Board of County Commissioners to authorize a budget amendment to recognize revenue for the Traffic Impact Study (TIS) Review and Planned Unit Development (PUD) MonitoringfTraffic Counts Payment-in-Lieu within the Transportation Supported Gas Tax Fund (313) in the amount of$36,925. CONSIDERATIONS: Funds have been collected specifically as payment-in-Iieu and project review fees 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 perfonn 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 TIS Review PUD MonitoringITraffic Counts Total Amount collected in FY 2011 (exceedinp: bud~-eted revenues) $7,0000,00 $29,925.00 $36,925.00 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$36,925. 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 -788- . . . 6/14/2011 Item 16.A.3. COLLIER COUNTY Board of County Commissioners Item Number: 16,A.3. 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 $36,925. Meeting Date: 6/14/2011 Prepared By Name: BeardLaurie Title: Planner, Transportation Planning 5/9/2011 11:38:05 AM Approved By Nalne: GreeneMichael Title: Manager - Planning, Transportation Planning Date: 5/10/2011 8:34:16 AM Name: LaPierreBarbara Title: ManagementlBudget Analyst,Transportation Administr Date: 5/10/2011 9:41:49 AM Name: LorenzWilliam Title: Director - CDES Engineering Services, Comprehensive Date: 5/10/2011 4:06:46 PM . .~ ~t '" IOii ;\~~ ;':'t Name: PuigJudy Title: Operations Analyst, CDES Date: 5/10/2011 4:48:30 PM ~~i Name: FederNonnan Title: Administrator - Growth Management Div,Transportati Date: 5/11/2011 1 :28:22 PM Name: MarcelIaJeanne Title: Executive Secretary,Transportation Planning Date: 5/11/2011 1:42:14 PM Packet Page ~ 789- . . . Name: KlatzkowJ eff Title: County Attorney, Date: 5/25/2011 10:40:27 AM Name: UsherSusan Title: ManagementIBudget Analyst, Senior,Office of Manage Date: 6/2/2011 6:52:21 PM Name: UsherSusan Title: ManagementIBudget Analyst, Senior,Office of Manage Date: 6/7/2011 4:32:42 PM Name: KlatzkowJeff Title: County Attorney, Date: 6/8/2011 8:17:48 AM Name: IsacksonMark Title: Director-Corp Financial and Mgmt Svs,CMO Date: 6/8/2011 8:41:57 AM Packet Page -790- 6/14/2011 Item 16.A.3. "