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Agenda 05/13/2008 Item #16B 1 Agenda Item No. 1661 May 13, 2008 Pagelof2 EXECUTIVE SUMMARY Recommendation for the Board of County Commissioners to approve a budget amendment to recognize additional revenue for the PUD Monitoring / Traffic Counts Project within the Transportation Supported Gas Tax Fund (313) in the amount of $110,259.00 for Project No. 691242. OBJECTIVE: To obtain approval from the Board of County Commissioners to approve a budget amendment to recognize additional revenue for the PUD Monitoring / Traffic Counts project within the Transportation Supported Gas Tax Fund (313) for Project No. 691242 in the amount of$IIO,259.00. CONSIDERATIONS: All PUDs which are less than 100 percent "built-out", must annually submit a report detailing their progress toward build-out of the development. The traffic report must be submitted as part of the annual PUD monitoring report on or before the anniversary date of the POO's approval by the Board per LDC section 10.02. 13.F. Payment in lieu of traffic count may be accepted in place of the report. The funds that are received from various Developments are then used for traffic count projects. These funds were deposited into the revenue accounts of the Transportation Road Program and need to be recognized for appropriation for future installation of permanent count stations. FISCAL IMPACT: Funds were 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 $110,259.00. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. RECOMMENDATION: That the Board of County Commissioners approve the necessary budget amendments. Prepared By: Sharon Newman, Transportation Operations Support Manager Page I of I Agenda Item No. 16Bl May 13, 2008 Page 2 of 2 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 1681 Meeting Date: Recommendation for the Board of County Commissioners to approve a budget amendment to recognize additional revenue for the PUD Monitoring I Traffic Counts Project within the Transportation Supported Gas Tax Fund (313) in the amount of$110,259.00 for Project No. 691242. 5/1312008 90000 AM Prepared By Sharon Newman Accounting Supervisor Date Transportation Services Transportation Services Admin 4122/20084:34:56 PM Approved By Norm E. Feder, AICP Transportation Division Administrator Date Transportation Services Transportation Services Admin. 4122120085:03 PM Approved By Nick Casalanguida MPO Director Date Transportation Services Transportation Planning 4/23/2008 9:35 AM Approved By Sharon Newman Accounting Supervisor Date Transportation Services Transportation Services Admin 4124120083:58 PM Approved By Pat Lehnhard Executive Secretary Date Transportation Services Transportation Services Admin 4129/2008 9:17 AM Approved By OMS Coordinator OMS Coordinator Date County Manager's Office Office of Management & Budget 4129/20083:14 PM Approved By Susan Usher Senior ManagemenUBudget Analyst Date County Manager's Office Office of Management & Budget 5/2120083:35 PM Approved By James V. Mudd Board of County Commissioners County Manager Date County Manager's Office 515120084:15 PM file://C:\AgendaTest\Export\1 07 -Mav%20 13,%202008\ 16.%20CONSENT%20AGENDA \16... 517/2008