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Agenda 04/12/2016 Item #16F 2 4/12/2016 16.F.2. EXECUTIVE SUMMARY Recommendation to approve a report covering budget amendments impacting reserves and moving funds in an amount up to and including $25,000.00 and $50,000.00, respectively. OBJECTIVE: To approve the attached budget amendments. CONSIDERATIONS: Consistent with policy, movement of dollars under the conditions outlined below requires Board approval via the Report format. • An amendment moving dollars from reserves to an active appropriation in an amount totaling $25,000 or less; or • An amendment moving dollars within a fund but between different Divisions in an amount totaling $50,000 or less. The attached report contains budget amendments submitted for Board consideration. FISCAL IMPACT: Noted on the report. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item was reviewed by the County Attorney, is approved as to form and legality, and requires majority support for approval. -JAK RECOMMENDATION: That the Board authorize the attached Budget Amendment Report. Prepared by: Mark Isackson, Director of Corporate Finance and Management Services, County Manager's Office Packet Page-1484- 4/12/2016 16.F.2. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.F.16.F.2. Item Summary: Recommendation to approve a report covering budget amendments impacting reserves and moving funds in an amount up to and including$25,000 and $50,000, respectively. Meeting Date: 4/12/2016 Prepared By Name: Valerie Fleming Title: Operations Coordinator, Office of Management&Budget 3/29/2016 10:58:55 AM Submitted by Title: Operations Coordinator, Office of Management&Budget Name: Valerie Fleming 3/29/2016 10:58:57 AM Approved By Name: KlatzkowJeff Title: County Attorney, Date: 4/4/2016 3:40:21 PM Name: UsherSusan Title: Management/Budget Analyst, Senior,Office of Management&Budget Date: 4/4/2016 5:57:52 PM Name: OchsLeo Title: County Manager,County Managers Office Date: 4/5/2016 10:20:26 AM Packet Page -1485- 4/12/2016 16.F.2. APPROVAL OF BUDGET AMENDMENTS BCC Agenda of April 12,2016 Unincorporated Area General Fund(Fund 111) Budget Amendment#16-271 Transfer-In(Revenue) Transfer from Radio Road ($ 10,000.00) Reserves Reserves for Contingencies ($ 10,000.00) Total -0- Explanation: Reduce the transfer in from the Radio Road MSTU East to provide funding for Radio Road MSTU East refurbishment project. Unincorporated Area General Fund(Fund 007) Budget Amendment#16-292 Remittances Remittances $ 1,150.00 Expenses Inter Department Charge $ 1,150.00 Reserves Reserves for Unfunded requests ($2,300.00) Total -0- Explanation: For FY 15 year end adjusting entries required to account for prior year grant expenditures for Accelerator Project. Prepared by: Valerie Fleming,Operations Coordinator,OMB Page 1 of 1 Packet Page-1486-