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Agenda 09/09-10/2008 Item #16E 3 EXECUTIVE SUMMJ.l~Y N~GENDA ITEM dEMc&2ri? . Pg I ef 2- ~ . -~~-=-~" Recommendation to authorize a budget amendment to increase the FYOB Fleet Management Fund (521) and recognize revenues from scrap metal sales in the amount of $45,000. OBJECTIVE:Obtain Board approval of a budget amendment to increase appropriations by $45,000 and recognize revenues from scrap metal sales in Fleet Management Fund (521) in the amount of $45,000 CONSIDERATIONS: Fleet Management Department costs for repair parts and outsourced services were underestimated in the FY08 budget due to unexpected price increases. The Increased costs can be covered by recognizing unbudgeted revenues from scrap metal sales. This budget amendment is needed to cover the costs of repair parts and service requirements for the remaining current fiscai year. FISCAL IMPACT:A budget amendment is needed to recognize revenue and establish the appropriate expense budget in the amount of $45,000. GROWTH MANAGEMENT IMPACT:No growth management impact is involved. LEGAL CONSIDERATIONS:No legai considerations involved. I ~- RECOMMENDATION:Thatthe Board of County Commissioners authorize a budget amendment in the amount of $45,000. Prepared By: Department Fleet Date 8/28/20083:20:21 PM Approved By: Department Adminstrative Services Approval Date Approved 8/28/20083:55 PM Approved By: Department Office of Management and Budget Approvai Date Approved 8/28/2008 7:50 PM AGENDA ITEM I No.--ttvA SEP, .;,,'.0 "~"j"~~ .. Approved By: Department Approval Date County Approved Manager's Office 8/29/200811 :15 AM ATTACHMENTS: Name: Description: Type,