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Agenda 07/25/2023 Item #16C 3 (Budget Amendment to maintain daily operations within the Water/Sewer/Operating budget)16.C.3 07/25/2023 EXECUTIVE SUMMARY Recommendation to authorize a Budget Amendment in the amount of $881,250 to maintain compliance and continue funding daily operations within the Water/Sewer Operating budget (Fund 4008). OBJECTIVE: To reallocate the FY23 Water/Sewer operational funding to continue critical operations in order to maintain compliance and reliability. CONSIDERATIONS: The FY23 Water/Sewer Operating budget was finalized and approved prior to the knowledge of increased operational costs across many of the mandatory required purchases for daily business compliance requirements. Due to increased costs in Electrical, Chemicals, Fuel, and Utility Parts, the District is reallocating priorities and deferring low risk maintenance projects to FY24 to cover budgetary shortfalls in operating costs. Examples of inflationary increases affecting District commodities include: Electricity increased by 15% and is anticipated to increase another 10.1% in FY23. Chemicals necessary to produce water, treat wastewater, and treat irrigation quality water have increased between 10% and 150%. Utility parts including meters, backflow devices, and petroleum -based PVC pipe and fittings have increased by 20% to 25%. Labor cost has increased by 20%. FISCAL IMPACT: The requested Budget Amendment will provide funding for year-end operational costs, $398,000 covering the electricity for the South County Water Treatment Plant and $483,250 covering the daily operational expenses for Wastewater Division through FY23. The Budget Amendment will reallocate $881,250 within the Water/Sewer Operating budgets (Fund 4008). GROWTH MANAGEMENT IMPACT: There is no growth management impact for this item. LEGAL CONSIDERATIONS: This item is approved as to form and legality and requires majority vote for Board approval.-SRT RECOMMENDATION: To authorize a Budget Amendment in the amount of $881,250 to maintain compliance and continue funding daily operations within the Water/Sewer Operating budget (Fund 4008). Prepared by: Joseph Bellone, Director - Utilities Finance Packet Pg. 557 16.C.3 07/25/2023 COLLIER COUNTY Board of County Commissioners Item Number: 16.C.3 Doc ID: 26027 Item Summary: Recommendation to authorize a Budget Amendment in the amount of $881,250 to maintain compliance and continue funding daily operations within the Water/Sewer Operating budget (Fund 4008). Meeting Date: 07/25/2023 Prepared by: Title: — Public Utilities Operations Support Name: Katrina Lin 07/12/2023 2:32 PM Submitted by: Title: Division Director - Operations Support — Public Utilities Operations Support Name: Joseph Bellone 07/12/2023 2:32 PM Approved By: Review: Public Utilities Operations Support Katrina Lin Additional Reviewer Public Utilities Operations Support Joseph Bellone Additional Reviewer Public Utilities Department Andrew Youngblood Level 1 Division Reviewer Public Utilities Department George Yilmaz Level 2 Division Administrator Review County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Corporate Compliance and Continuous Improvement Megan Gaillard Office of Management and Budget Laura Zautcke Additional Reviewer County Manager's Office Geoffrey Willig Level 4 County Manager Review Board of County Commissioners Geoffrey Willig Meeting Pending Completed 07/12/2023 2:36 PM Completed 07/12/2023 2:54 PM Completed 07/12/2023 3:15 PM Completed 07/13/2023 10:40 AM Completed 07/13/2023 10:52 AM Completed 07/13/2023 12:26 PM Additional Reviewer Completed 07/13/2023 3:37 PM Completed 07/14/2023 11:39 AM Completed 07/17/2023 9:47 AM 07/25/2023 9:00 AM Packet Pg. 558