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Agenda 07/12/2016 Item #16C5 7/12/2016 16.C.5. EXECUTIVE SUMMARY Recommendation to authorize a budget amendment in the amount of$165,000 transferring funds between cost centers and line items within the Collier County Water-Sewer District Operating Fund (408) to cover costs for unanticipated increases in bank fees and contractual services. OBJECTIVE: To provide adequate funding for actual / projected FY16 bank fees for credit card payment processing and contractual services for hosting a Payment Card Industry (PCI) compliant Interactive Voice Recognition(IVR) system,web payments, and outbound customer courtesy calls. CONSIDERATIONS: Utility Billing and Customer Service (UBCS) bills all customer accounts monthly for potable water, sewer, and irrigation quality water services. Bank fees are incurred for credit card payments. Contractual Services costs are incurred for hosting the PCI compliant IVR, web payments, and customer courtesy call out service for delinquent accounts. Bank fees and contractual services costs will exceed the amounts budgeted for FY16 by approximately $150,000 and $15,000 respectively, due to larger than anticipated increases in the customer base and the percentage of customers paying via credit card. FISCAL IMPACT: Funding is available to transfer $165,000 within the Collier County Water-Sewer District Operating Fund (408). LEGAL CONSIDERATION: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for approval. —JAK GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this budget amendment. RECOMMENDATION: That the Board of County Commissioners, Ex-officio the Governing Board of the Collier County Water-Sewer District, approves a budget amendment in the amount of $165,000 transferring funds between cost centers and line items within the Collier County Water-Sewer District Operating Fund (408)to cover costs for unanticipated increases in bank fees and contractual services. PREPARED BY: Teresa Riesen,Manager,Revenue,Financial Operations Packet Page -664- 7/12/2016 16.C.5. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.C.16.C.5. Item Summary: Recommendation to authorize a budget amendment in the amount of $165,000 transferring budget between cost centers within the Collier County Water-Sewer District Operating Fund (408) to cover costs for unanticipated increases in bank fees and contractual services. Meeting Date: 7/12/2016 Prepared By Name: JacobsSusan Title: Operations Analyst, Wastewater 6/10/2016 9:08:51 AM Submitted by Title:Manager-Revenue, Utilities Finance Operations Name: RiesenTeresa 6/10/2016 9:08:53 AM Approved By Name: JacobsSusan Title: Operations Analyst, Wastewater Date: 6/10/2016 9:22:09 AM Name: HapkeMargie Title: Recycling Coordinator, Solid&Hazardous Waste Management Date: 6/10/2016 9:29:11 AM Name: RiesenTeresa Title:Manager-Revenue,Utilities Finance Operations Date: 6/10/2016 9:58:16 AM Name: Joseph Bellone Title: Division Director-Operations Support,Utilities Finance Operations Date: 6/10/2016 10:49:14 AM Packet Page-665- 7/12/2016 16.C.5. Name: Amia Marie Curry Date: 6/14/2016 9:57:32 AM Name: YilmazGeorge Title: Department Head-Public Utilities,Public Utilities Department Date: 6/14/2016 3:23:49 PM Name: KlatzkowJeff Title: County Attorney, Date: 6/21/2016 3:20:50 PM Name: FinnEd Title:Management/Budget Analyst, Senior, Office of Management&Budget Date: 6/30/2016 2:45:07 PM Name: CasalanguidaNick Title: Deputy County Manager, County Managers Office Date: 7/1/2016 3:57:51 PM Packet Page-666-