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Agenda 04/22-23/2008 Item #16B 9 Agenda Item No. 1689 April 22, 2008 Page 1 of 3 EXECUTIVE SUMMARY Recommendation to recognize farebox revenues collected from October 1, 2007 through April 10, 2008 for Collier Area Transit and to approve budget amendments. OBJECTIVE: To recognize farebox revenues collected from October I, 2007 through April 10, 2008 for Collier Area Transit and to approve budget amendments. CONSIDERATION: Prior to October I, 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. In 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. FISCAL IMPACT: Approve budget amendments to recognize the farebox revenue and appropriate within the budget for CAT (Fund 426) in the amount of $467,608.00 and in Transportation Disadvantaged (TD) Fund 427 in the amount of $46,443.80. 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 recognize farebox revenues collected from October], 2007 through April 10, 2008 for Collier Area Transit and Paratransit and approve necessary budget amendments. Prepared by: Sue Faulkner, Principal Planner, Alternative Transportation Modes Page lof2 Agenda Item No. 1689 April 22, 2008 Page 2 of 3 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 16B9 Meeting Date: Recommendation to recognize farebox revenues collected from October 1, 2007 through April1Q, 2008 for Collier Area Transit and to approve budget amendments. 4/22120089:0000 AM Prepared By Sue Faulkner Principal Planner Date Transportation Services Alternative Transportation Modes 4/7/20084:50:46 PM Approved By Diane B. Flagg Director A TM Director Date Transportation Services Alternative Transportation Modes 4/7/20086:03 PM Approved By Therese Stanley Grants Coordinator Date Transportation Transportation Administration 4/8/20087:24 AM Approved By Sharon Newman Accounting Supervisor Date Transportation Services Transportation Services Admin 4/8/20085:14 PM Approved By Barbara LaPierre Management/Budget Analyst Date Transportation Services Traffic Operations 4/9/2008 11 :14 AM Approved By Norm E. Feder, AICP Transportation Division Administrator Date Transportation Services Transportation Services Admin. 4/11/2008 8:57 AM Approved By Pat Lehnhard Executive Secretary Date Transportation Services Transportation Services Admin 4/11/20088:29 AM Approved By OMS Coordinator OMS Coordinator Date County Manager's Office Office of Management & Budget 4/11/200810:48 AM Approved By Susan Usher Senior Management/Budget Analyst Date County Manager's Office Office of Management & Budget 4/151200812:17 PM Approved By file://C:\AgendaTest\Export\ 1 05 -April%2022, %202008\ 16. %20CONSENT%20AGENDA \ 1 ... 4/16/2008 Page 2 of2 Agenda Item No. 1689 April 22, 2008 Page 3 of 3 James V. Mudd County Manager Date Board of County Commissioners County Manager's Office 4/15/20082:00 PM file://C:\AgendaTest\Export\ 1 05-April%2022,%202008\ 16. %20CONSENT%20AGENDA\1... 4/16/2008