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Agenda 06/22/2021 Item #16A15 (Budget Amendments - Marco Island Executive Airport Fuel Purchase)06/22/2021 EXECUTIVE SUMMARY Recommendation to authorize budget amendments to recognize revenue for Marco Island Executive Airport, in the amount of $800,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. OBJECTIVE: To authorize budget amendments to recognize revenue for Marco Island Executive Airport, in the amount of $800,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. CONSIDERATIONS: A steady increase in activity at the Marco Island Executive Airport this fiscal year has resulted in budgeted expense levels that are insufficient to continue purchasing aviation fuels and cover associated operating expenses. Budget amendments are required to recognize revenue and appropriate funding to accommodate additional fuel purchases and associated operating expenses for the remainder of FY2021. FISCAL IMPACT: Budget amendments are required to recognize and appropriate revenue in the amount of $800,000 within Collier County Airport Operating Fund (495), Marco Island Executive Airport Cost Center (192370). Purchase orders for aviation fuels and associated operating expenses at the Marco Island Executive Airport will be increased accordingly to allow for the continued purchase of critical products and services. GROWTH MANAGEMENT IMPACT: There is no growth management impact related to this item. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues and requires majority vote for approval. -JAK RECOMMENDATION: To authorize budget amendments to recognize revenue for fund center 192370, Marco Island Executive Airport, within Collier County Airport Fund (495) in the amount of $800,000 and appropriate the funding to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Prepared by: Christopher Johnson, Financial & Operational Support Manager, Operations Support Division 16.A.15 Packet Pg. 848 06/22/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.15 Doc ID: 16024 Item Summary: Recommendation to authorize budget amendments to recognize revenue for Marco Island Executive Airport, in the amount of $800,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Meeting Date: 06/22/2021 Prepared by: Title: Accountant, Senior – Growth Management Operations Support Name: Christopher Johnson 05/24/2021 10:20 AM Submitted by: Title: Division Director - Operations Support – Growth Management Department Name: Gene Shue 05/24/2021 10:20 AM Approved By: Review: Airport Authority Andrew Bennett Additional Reviewer Completed 05/24/2021 10:31 AM Growth Management Department Lissett DeLaRosa Growth Management Department Completed 05/24/2021 1:12 PM Growth Management Department Gene Shue Additional Reviewer Completed 05/24/2021 1:52 PM Growth Management Department Trinity Scott Transportation Completed 05/25/2021 9:37 AM Growth Management Department James C French Growth Management Skipped 05/25/2021 9:40 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 05/25/2021 10:44 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/26/2021 11:16 AM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 06/07/2021 10:41 AM County Manager's Office Sean Callahan Level 4 County Manager Review Completed 06/14/2021 8:16 AM Board of County Commissioners Geoffrey Willig Meeting Pending 06/22/2021 9:00 AM 16.A.15 Packet Pg. 849