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Agenda 07/11/2023 Item #16B10 (Appropriate revenue to the Traffic Operations cost center)07/ 11 /2023 EXECUTIVE SUMMARY Recommendation to recognize and appropriate revenue to the Traffic Operations cost center (163630) in the amount of $101,908.03 for Fiscal Year 2023, and authorize all necessary budget amendments. OBJECTIVE: To recognize and appropriate revenue to the Traffic Operations Division cost center (163630), in the amount of $101,908.03 for Fiscal Year 2023, and authorize all necessary Budget Amendments. CONSIDERATION: The Division of Traffic Operations is responsible for the maintenance, repair and replacement of County owned traffic signals, signs, and streetlights. Due to numerous vehicle crashes, costs for necessary repairs and replacements exceeded the expected annual routine maintenance cost. The materials needed to make these repairs were purchased out of each of the individual operating budgets and submitted for insurance reimbursement. As insurance money comes in, the cost of materials is reimbursed to the cost center under Insurance Company Refunds Revenue. In addition, the division has received additional revenue from scrap sales of items recycled, surplus furniture and an increased reimbursement from Florida Department of Transportation for the maintenance of street lights and signal within the state roadways. FISCAL IMPACT: Budget amendments are necessary to recognize revenues of $101,908.03 for Traffic Operations (163630) and place the revenue in the proper expense appropriation within Transportation Services Operating Fund (1001). GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues, and requires majority vote for Board approval. -JAK RECOMMENDATION: That the Board missioners authorizes the recognition and appropriation of revenue to the Traffic Operations Division cost center (163630), in the amount of $101,908.03 for Fiscal Year 2023, and authorize all necessary budget amendments. Prepared by: Valerie Fleming, Budget Analyst, Operations Support Division Packet Pg. 479 16.B.10 07/ 11 /2023 COLLIER COUNTY Board of County Commissioners Item Number: 16.B.10 Doc ID: 25943 Item Summary: Recommendation to recognize and appropriate revenue to the Traffic Operations cost center (163630) in the amount of $101,908.03 for Fiscal Year 2023, and authorize all necessary budget amendments. Meeting Date: 07/11/2023 Prepared by: Title: Operations Coordinator — Transportation Engineering Name: Valerie Fleming 06/23/2023 3:47 PM Submitted by: Title: Division Director - Transportation Eng — Transportation Engineering Name: Jay Ahmad 06/23/2023 3:47 PM Approved By: Review: Transportation Management Services Department Jeanne Marcella Department Growth Management and Community Development Department Gene Shue Transportation Management Operations Support Tara Castillo Transportation Management Services Department Trinity Scott Office of Management and Budget County Attorney's Office Office of Management and Budget County Manager's Office Board of County Commissioners Debra Windsor Level 3 OMB Gatekeeper Review Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Christopher Johnson Additional Reviewer Geoffrey Willig Level 4 County Manager Review Geoffrey Willig Meeting Pending Transportation Management Services Completed 06/23/2023 4:23 PM Additional Reviewer Completed 06/23/2023 4:44 PM Additional Reviewer Completed 06/25/2023 9:20 PM Transportation Completed 06/26/2023 8:55 AM Completed 06/26/2023 10:17 AM Completed 06/28/2023 10:29 AM Completed 07/03/2023 9:27 AM Completed 07/03/2023 11:22 AM 07/11 /2023 9:00 AM Packet Pg. 480