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Agenda 07/09/2024 Item #16G1 (Authorize Budget Amendments to recognize revenue for Marco Island Executive Airport of $260,000 and for Immokalee Regional Airport of $200,000 to accommodate increased fuel purchases and associated operating expenses)07/09/2024 EXECUTIVE SUMMARY Recommendation to authorize Budget Amendments to recognize revenue for Marco Island Executive Airport, in the amount of $260,000, and for Immokalee Regional Airport, in the amount of $200,000, 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 $260,000 and for the Immokalee Regional Airport, in the amount of $200,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. CONSIDERATIONS: Increased fuel sales at the Marco Island Executive and hnmokalee Regional airports and escalating fuel prices have resulted in a remaining fuel budget that is insufficient to continue purchasing aviation fuel 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 FY2024. FISCAL IMPACT: Budget amendments are required to recognize and appropriate revenue within Collier County Airport Operating Fund (4090), in the amount of $260,000 within the Marco Island Executive Airport Cost Center (192370) and in the amount of $200,000 within the Immokalee Regional Airport Cost Center (192330). Purchase orders for aviation fuel and associated operating expenses will be increased accordingly to allow for the continued purchase of critical products and services. This item is consistent with the Collier County Strategic Plan to safeguard taxpayer money by promoting fiscal stewardship and sound budget oversight. GROWTH MANAGEMENT IMPACT: This item is consistent with Section B: Intermodal & Multimodal Transportation, Subsection 2: Aviation of the Transportation Element of the Growth Management Plan. 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 $260,000, and for fund center 192330, Immokalee Regional Airport in the amount of $200,000, within Collier County Airport Fund (495) and appropriate the funding to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Prepared by: Rookmin Nauth, Accountant 11, Airport Authority I Packet Pg. 862 07/09/2024 COLLIER COUNTY Board of County Commissioners Item Number: 16.G.1 Doe ID: 29209 Item Summary: Recommendation to authorize Budget Amendments to recognize revenue for Marco Island Executive Airport, in the amount of $260,000, and for Immokalee Regional Airport, in the amount of $200,000, to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Meeting Date: 07/09/2024 Prepared by: Title: — Transportation Management Operations Support Name: Darren Hutton 06/19/2024 3:12 PM Submitted by: Title: — Airport Authority Name: Bryant Garrett 06/19/2024 3:12 PM Approved By: Review: Transportation Management Services Department Jeanne Marcella Department Road Maintenance Ellen Sheffey TMSD Reviewer Transportation Management Services Department Trinity Scott County Attorney's Office Office of Management and Budget Office of Management and Budget County Manager's Office Board of County Commissioners Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Debra Windsor Level 3 OMB Gatekeeper Review Agnieszka Chudy OMB Reviewer Amy Patterson Level 4 County Manager Review Geoffrey Willig Meeting Pending Transportation Management Services Completed 06/19/2024 4:09 PM Completed 06/21/2024 10:54 AM Transportation Completed 06/25/2024 11:00 AM Completed 06/25/2024 3:36 PM Completed 06/26/2024 9:28 AM Completed 06/27/2024 11:17 AM Completed 07/02/2024 5:21 PM 07/09/2024 9:00 AM I Packet Pg. 863 1