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Agenda 09/09-10/2008 Item #16F(1)G EXECUTIVE SUMMARY "t' Agenda Item No, 16Ft b August 12, 2008 Page 1 of2 Recommendation to recognize farebox revenues collected from April 11, 2008 through August 4, 2008 for Collier Area Transit and to approve budget amendments. OBJECTIVE: To recognize farebox revenues collected from April 11, 2008 through August 4, 2008 for Collier Area Transit (CA T) and to approve budget amendments, CONSIDERATIONS: Prior to October 1,2007, all farebox revenues had been collected and reported by McDonald Transit each month on their invoices, The total charges invoiced to the County had been credited by the farebox revenue amount. [n FY08, a new procedure for farebox collection has been established, All farebox revenues are now collected and deposited into Collier County Fund 426 (for fixed route farebox revenues) and Fund 427 (for paratransit farebox revenues), Consequently, the farebox revenues received needs to be recognized and appropriated within each of the Fund budgets, Approval of this document by the County Manager is subject to formal ratification by the Board of County Commissioners, [f the decision by the County Manager is not ratified by that Board, this document shall be enforceable against Collier County only to the extent authorized by law in the absence of such ratification by that Board, FISCAL IMPACT: Approve budget amendments to recognize the farebox revenue and appropriate within the budget for CAT Fund 426 Project 6101 I in the amount of $310,851.64 and in Transportation Disadvantaged Fund 427 Project 31427 in the amount of$9,892,93, GROWTH MANAGEMENT IMPACT: Consistent with the Transportation Elements in Objectives 10 and 12 of the Growth Management Plan, RECOMMENDATION: That the Board of County Commissioners recognizes farebox revenues collected from April 11, 2008 through August 4, 2008 for Collier Area Transit and Paratransit and approve necessary budget amendments, Prepared by: Sue Faulkner, Principal Planner, Alternative Transportation Modes Page I of 1 Agenda Item No, 16Ft-G August 12,2008 Page 2 of 2 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 16F7 Recommendation to recognize farebox revenues collected from April 11. 2008 through August 4, 2008 for Collier Area Transit and to approve budget amendments. Meeting Date: 8/12/20089:00:00 AM Prepared By Sue Faulkner Principal Planner Date Transportation Services Alternative Transportation Modes 8/4/2008 3:09:49 PM Approved By Sharon Newman Accounting Supervisor Date Transportation Services Transportation Services Admin 8/4/20083:26 PM Approved By Pamela J. Lulich Project Manager Date Transportation Services Alternative Transportation Modes 8/4/2008 5:27 PM Approved By ! - Barbara LaPierre Management/Budget Analyst Date Transportation Services Traffic Operations 8/5/2008 9:04 AM Approved By Therese Stanley Grants Coordinator Date Transportation Transportation Administration 8/5/20089:18 AM Approved By Norm E. Feder, AICP Transportation Division Administrator Date Transportation Services Transportation Services Admin. 8/5/2008 11 :28 AM Approved By Mark Isackson Budget Analyst Date County Manager's Office Office of Management & Budget 8/6/20089:21 AM Approved By James V. Mudd County Manager Date Board of County Commissioners County Manager's Office 8/6/2008 1 :27 PM file:!/C:lAgendaTest\Export\ 119-August%20 12, %202008\16, %20CONSENT%20AGENDA \,., 9/3/2008