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Agenda 07/22/2008 Item #16B14Agenda Item No. 16614 July 22, 2008 Page 1 of 3 EXECUTIVE SUMMARY Recommendation for the Board of County Commissioners to approve a budget amendment to recognize revenue received for traffic accidents in the amount of $31,768.74 and to move previous recognized revenue in the amount of $33,871.23 Fund 112, project #600761. OBJECTIVE: To obtain approval from the Board of County Commissioners to approve a budget amendment to recognize revenue received for traffic accidents in the amount of $31,768.74 and to move previously recognized revenue in the amount of $33,871.23 to Fund 112, project #600761. CONSIDERATIONS: Funds were received and deposited into Fund 111, MSTD General Fund, in the amount of $31,768.74 for traffic accident reimbursements received through collection efforts made through Risk Management and the Alternative Transportation Modes Department and from tumlane reimbursements. These funds must be recognized and appropriated to Fund 112, project #600761 for traffic accident reimbursements and repairs. On 4/8/2008, Agenda Item 16134, the BCC approved a budget amendment to recognize revenue in the amount of $33,871.23 for traffic accidents in Fund 111. Staff recommends moving these previously collected funds to Fund 112 into project #600761 to provide sufficient time to address the repairs and to provide funding through revenue collection for future accidents. FISCAL IMPACT: Revenue received for accidents and tumlane was received in Fund 11 I in the amount $31,768.74. A budget amendment is required to move the funds to 112 and appropriate the revenue in project #600761. A second budget amendment is requested to move previously recognized revenue from Fund 111 to Fund 112, #600761 in the amount of $33,871.23. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. RECOMMENDATION: That the Board of County Commissioners recognize and approve all necessary budget amendments. Prepared By: Pamela Lulich, Landscape Operations Manager, Alternative Transportation Modes Department Page 1 of 2 Agenda Item No. 16614 July 22, 2008 Page 2 of 3 file://C: \AgendaTest \Export\ 111- July %2022 %202008\ 16. %2000NSENT %20AGENDA \i ... 7/15/2008 COLLIER COUNTY —' BOARD OF COUNTY COMMISSIONERS Item Number: 16614 Item Summary: Recommendation for the Board of County Commissioners to approve a budget amendment to recognize revenue received for traffic accidents in the amount of $31.768.74 and to move previous recognized revenue in the amount of $33.871.23 to Fund 112, project #600761. Meeting Date: 7/22/2008 9:00.00 AM Prepared By Pamela J. Lulich Project Manager Date Transportation Services Alternative Transportation Modes 6130/2008 2:16:41 PM Approved By Pamela J. Lulich Project Manager Date Transportation Services Alternative Transportation Modes 6/30/2008 2:15 PM Approved By Norm E. Feder, AICP Transportation Division Administrator Date Transportation Services Transportation Services Admin. 7/1/2008 8:33 AM Approved By Gloria Herrera Management/Budget Analyst Date Transportation Services Stormwater Management 712/2008 2:03 PM Approved By Alternative Transportation Modes Michelle Edwards Arnold Director Date Transportation Services Alternative Transportation Modes 7/3/2008 1:31 PM Approved By Sharon Newman Accounting Supervisor Date Transportation Services Transportation Services Admin 7/8/2008 4:23 PM Approved By Pat Lehnhard Executive Secretary Date Transportation Services Transportation Services Admin 71812008 4:46 PM Approved By OMB Coordinator OMB Coordinator Date County Manager's Office Office of Management & Budget 7/9/2008 7:56 AM Approved By ._. Mark Isackson Budget Analyst Date County Manager's Office Office of Management & Budget 7/1412008 11:03 AM file://C: \AgendaTest \Export\ 111- July %2022 %202008\ 16. %2000NSENT %20AGENDA \i ... 7/15/2008 Page 2 of 2 Agenda Item No. 16B14 July 22, 2008 Page 3 of 3 Approved By James V. Mudd County Manager Date Board of County Commissioners County Manager's Office 7/14/2008 11:42 AM fi le://C:AAgendaTest \Export\ l 1 1- July %2022, %202008\ 16. %2000NSENT %20AGENDA\ 1... 7/15/2008