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Agenda 05/13/2025 Item #16B 4 (Budget amendments recognizing revenues received from traffic accident reimbursements from insurance companies and interdepartmental reimbursement in the Landscape Median Maintenance Project 60265)5/13/2025 Item # 16.B.4 ID# 2025-1147 Executive Summary Recommendation to approve a Budget Amendment in the amount of $33,650 to recognize revenues received from traffic accident reimbursements from Insurance Companies and interdepartmental reimbursements in the Landscape Median Maintenance Project 60265. OBJECTIVE: To recognize revenues in the amount of $33,650 to recognize revenues received from traffic accident reimbursements from Insurance Companies and interdepartmental reimbursements in the Landscape Median Maintenance Project 60265. CONSIDERATIONS: The Road, Bridge & Stormwater Maintenance Division, Landscape Operations section coordinated with the Risk Management Department to collect reimbursements for damages due to traffic accidents on our landscaped medians and received interdepartmental reimbursement for payment in lieu of the replacement and installation of mature palms and trees. By recognizing revenues from traffic accidents, payment in lieu of relocating and replacing County assets, and other similar events, repairs can be made to replace damaged plant material, broken irrigation components, and to replace any other incidental landscape work within the county right-of-way. Accident repairs, future improvements to impacted areas, and other incidental repairs are made during the summer months so that they don't impede the traffic flow. This item is consistent with the objectives of the Collier County Strategic Plan to preservation and enhancing the character of the community while collaborating interdepartmentally to plan and build public infrastructure and facilities to effectively, efficiently, and sustainably meet the needs of our community. FISCAL IMPACT: The balance of the revenues will be budgeted and utilized for replacements in FY25. A budget amendment in the amount of $33,650 is needed to recognize revenues in Transportation Capital Fund (3081) Median Maintenance Project 60265. 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 approval. -JAK RECOMMENDATIONS: Recommendation to approve a Budget Amendment in the amount of $33,650 to recognize revenues received from traffic accident reimbursements from Insurance Companies and interdepartmental reimbursements in the Landscape Project Fund (3081). PREPARED BY: Pamela Lulich, PLA, Landscape Operations Manager, Road Maintenance Department ATTACHMENTS: 1. Revenue 163643 to Operating 634999 Page 1209 of 5243