Agenda 12/13/2022 Item #16F 4 (To re-establish budget for the Wilson Benfield road project)12/13/2022
EXECUTIVE SUMMARY
Recommendation to authorize budget amendments to re-establish budgeted transfers from Road Impact Fee
District 4 Fund (336) to the Sports Complex Fund (370) to provide funding for the Wilson Benfield Road
Extension project in the amount of $4,246,823.16.
OBJECTIVE: To re-establish budget for the Wilson Benfield road project.
CONSIDERATIONS: This is a routine budget amendment that was inadvertently not included in the capital
budget roll forward actions done in the first month of the new year.
In FY 2022, budgets were established to provide funding for the Wilson Benfield Road Extension. At year-end, all
the capital project budgets are “rolled forward” into the new fiscal year 2023, however transfers to and from funds
are not automatically “roll forward”. As a result, in FY 2023, the Wilson Benfield Road Extension project
(expense) is budgeted in the Sports Complex fund 370 but the funding source (revenue), the transfer in from the
Road Impact Fee fund 336, is not budgeted.
In FY22, the budgeted transfer from the Road Impact Fee fund (336) to the Sports Complex fund (370) was
budgeted at $7,942,600. The actual amount transferred was $3,695,776.84 leaving $4,246,823.16 to be transferred
in FY 2023.
The budgets were approved by the Board in FY 2022. No new funding is being requested. The budget
amendments are simply needed to re-establish the budget earmarked for the project.
FISCAL IMPACT: Budget amendments are required in the Road Impact Fee Fund 336, increasing the Transfer to
Fund 370 (exp) in the amount of $4,246,823.16, increasing Carryforward (rev) by $3,800,000 and decreasing
Reserves (exp) by $446,823.16. In the Sports Complex Fund 370, the Transfer in from Fund 336 (rev) needs to be
increased by $4,246,823.16 and Carryforward (rev) needs to be decreased.
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact associated with this action.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues, and
requires majority vote for Board action. - JAK
RECOMMENDATION: To authorize all necessary Budget Amendments in the Road Impact Fee District Fund
336 and the Sports Complex Fund 370 necessary to reestablish appropriate budget transfers.
Prepared By: Susan Usher, Sr Budget Analyst for the Office of Management and Budget.
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12/13/2022
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.F.4
Doc ID: 23979
Item Summary: Recommendation to authorize budget amendments to re-establish budgeted transfers from Road
Impact Fee District 4 Fund (336) to the Sports Complex Fund (370) to provide funding for the Wilson Benfield
Road Extension project in the amount of $4,246,823.16.
Meeting Date: 12/13/2022
Prepared by:
Title: – Office of Management and Budget
Name: Debra Windsor
11/21/2022 2:08 PM
Submitted by:
Title: Accountant, Senior – Office of Management and Budget
Name: Christopher Johnson
11/21/2022 2:08 PM
Approved By:
Review:
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 11/21/2022 2:09 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 11/21/2022 4:39 PM
Office of Management and Budget Christopher Johnson Additional Reviewer Completed 11/28/2022 8:19 AM
County Manager's Office Ed Finn Additional Reviewer Completed 11/28/2022 7:22 PM
Office of Management and Budget Susan Usher Additional Reviewer Completed 11/30/2022 9:40 AM
County Manager's Office Amy Patterson Level 4 County Manager Review Completed 12/06/2022 2:00 PM
Board of County Commissioners Geoffrey Willig Meeting Pending 12/13/2022 9:00 AM
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