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Agenda 5/23/2023 Item #16G1 (Budget Amendment for Marco Island Executive Airport)16.G.1 05/23/2023 EXECUTIVE SUMMARY Recommendation to authorize budget amendments to recognize revenue for Marco Island Executive Airport, in the amount of $950,000, and for Immokalee Regional Airport, in the amount of $390,000 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 $950,000, and for the Immokalee Regional Airport, in the amount of $390,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. CONSIDERATIONS: Increased fuel sales at the Marco Island Executive and Immokalee Regional airports and escalating fuel prices have resulted in a remaining fuel budget that is insufficient to continue purchasing aviation fuels and cover associated operating expenses. Budget amendments are required to recognize forecasted revenue and appropriate funding to accommodate additional fuel purchases and associated operating expenses for the remainder of FY2023. FISCAL IMPACT:: Budget amendments are required to recognize and appropriate revenue within Collier County Airport Operating Fund (495), in the amount of $950,000 within the Marco Island Executive Airport Cost Center (192370) and in the amount of $390,000 within the Immokalee Regional Airport Cost Center (192330). Purchase orders for aviation fuels and associated operating expenses 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 in the amount of $950,000, and for fund center 192330, Immokalee Regional Airport in the amount of $390,000, within Collier County Airport Fund (495) and appropriate the funding to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Prepared by: Andrew Bennett, Executive Airports Manager Packet Pg. 1058 16.G.1 05/23/2023 COLLIER COUNTY Board of County Commissioners Item Number: 16.G.1 Doe ID: 25361 Item Summary: Recommendation to authorize budget amendments to recognize revenue for Marco Island Executive Airport, in the amount of $950,000 and for Immokalee Regional Airport, in the amount of $390,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Meeting Date: 05/23/2023 Prepared by: Title: — Transportation Management Operations Support Name: Heather Meyer 04/24/2023 10:40 AM Submitted by: Title: Division Director - Operations Support — Growth Management and Community Development Department Name: Gene Shue 04/24/2023 10:40 AM Approved By: Review: Growth Management and Community Development Department Jeanne Marcella Department Airport Authority Andrew Bennett Additional Reviewer Growth Management and Community Development Department Gene Shue Transportation Management Operations Support Tara Castillo Public Transit & Neighborhood Enhancement Darren Hutton Transportation Management Services Department Trinity Scott Office of Management and Budget Office of Management and Budget County Attorney's Office County Manager's Office Board of County Commissioners Debra Windsor Level 3 OMB Gatekeeper Review Christopher Johnson Additional Reviewer Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Geoffrey Willig Level 4 County Manager Review Geoffrey Willig Meeting Pending Transportation Management Services Completed 04/24/2023 11:09 AM Completed 04/24/2023 1:02 PM Additional Reviewer Completed 04/24/2023 4:15 PM Additional Reviewer Completed 04/25/2023 12:57 PM Additional Reviewer Completed 04/25/2023 4:14 PM Transportation Completed 04/26/2023 9:24 AM Completed 04/26/2023 9:55 AM Completed 04/27/2023 12:05 PM Completed 04/28/2023 9:44 AM Completed 05/17/2023 10:18 AM 05/23/2023 9:00 AM Packet Pg. 1059