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Agenda 04/12/2022 Item #16A17 (Budget Amendment Recognizing Revenue & Transfer of Funds)04/12/2022 EXECUTIVE SUMMARY Recommendation to authorize a budget amendment to recognize revenue and transfer funding for projects within the Transportation Supported Gas Tax Fund (313) and Transportation & CDES Capital Fund (310) in the amount of $328,619.98 and issue a refund for a sidewalk payment in lieu in the amount of $30,032.80. (Projects 60085, 60088, 69331, 69333, and 69338) OBJECTIVE: For the Board of County Commissioners to authorize a budget amendment to recognize revenue for Traffic Impact Study Review Programs, Planned Unit Development Monitoring/Traffic Counts, and Countywide Pathway Programs within the Transportation Supported Gas Tax Fund (313) and CDES Transportation Capital Fund (310) and issue a refund for sidewalk payment in lieu. CONSIDERATIONS: Funds have been collected specifically as payment-in-lieu, and project review fees from the application and monitoring process. These funds are required to be tracked and spent on projects for which the developments were identified for mitigation or o n consultant contracts to perform the studies on the developments behalf under required monitoring conditions. These funds were collected in fiscal year 2022 and exceeded the budgeted revenues. It is now appropriate to recognize these revenues and transfer the funds into the following projects: Fund / Project Title Gas Tax Capital Fund 313: TIS Review (60085) $ 60,250.00 Total for Fund 313 $ 60,250.00 Transportation & CDES Capital Fund 310: PUD Monitoring/Traffic Counts (60088) $ 4,000.00 Countywide Bikeway (69331) $ 21,080.00 Countywide Bikeway (69333) $196,804.86 Countywide Bikeway (69338) $ 46,485.12 Total for Fund 310 $268,369.98 Total revenue to be recognized $328,619.98 A refund has been requested in the amount of $30,032.80 for a sidewalk payment in lieu from Impact Fee District 1. The deposit was received on 9/21/2021 and was posted in Project 69331 - District 1 Sidewalk. The sidewalk and road project is already under construction and funded and therefore should not have been collected. FISCAL IMPACT: Revenues in the amount of $60,250.00 and $268,369.98 will be recognized and appropriated within the Transportation Gas Tax Fund (313) and Transportation & CDES Capital Fund (310) respectively. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, does not present any legal issues and requires majority vote for Board approval. -JAK GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this action. RECOMMENDATION: To recognize funds in the amount of $328,619.98 and authorize the necessary budget amendments and approve a sidewalk payment in lieu refund in the amount of $30,032.80. Prepared By: Laurie Beard, Project Manager, Development Review Division for Transportation Planning 16.A.17 Packet Pg. 833 04/12/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.17 Doc ID: 21561 Item Summary: Recommendation to authorize a budget amendment to recognize revenue and transfer funding for projects within the Transportation Supported Gas Tax Fund (313) and Transportation & CDES Capital Fund (310) in the amount of $328,619.98 and issue a refund for a sidewalk payment in lieu in the amount of $30,032.80. (Projects 60085, 60088, 69331, 69333, and 69338) Meeting Date: 04/12/2022 Prepared by: Title: Project Manager – Growth Management Development Review Name: Laurie Beard 03/11/2022 9:33 AM Submitted by: Title: Deputy Department Head – Growth Management Department Name: Trinity Scott 03/11/2022 9:33 AM Approved By: Review: Growth Management Operations Support Raquel Ovares Additional Reviewer Completed 03/11/2022 2:25 PM Growth Management Department Gene Shue Additional Reviewer Completed 03/15/2022 4:34 PM Growth Management Department Ellen Sheffey Growth Management Department Completed 03/16/2022 3:45 PM Growth Management Department Laurie Beard Growth Management Skipped 03/08/2022 12:27 PM Growth Management Department Trinity Scott Transportation Completed 03/21/2022 4:23 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 03/22/2022 8:31 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 03/22/2022 3:09 PM Office of Management and Budget Susan Usher Additional Reviewer Completed 04/01/2022 3:32 PM County Manager's Office Amy Patterson Level 4 County Manager Review Completed 04/05/2022 10:11 AM Board of County Commissioners Geoffrey Willig Meeting Pending 04/12/2022 9:00 AM 16.A.17 Packet Pg. 834