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Agenda 06/26/2018 Item #16G106/26/2018 EXECUTIVE SUMMARY Recommendation to authorize budget amendments to recognize revenue for the Immokalee Regional and Marco Island Executive Airports within Collier County Airport Operating Fund (495) in the amount of $185,000 and $165,000, respectively, and appropriate the funding to accommodate increased fuel purchases over budgeted levels. OBJECTIVE: To authorize budget amendments to recognize and appropriate revenue for the continued purchase of aviation fuels at the Immokalee Regional and Marco Island Executive Airports. CONSIDERATIONS: Both the cost and volume sales of Avgas and Jet-A fuel have steadily increased this fiscal year, resulting in budgeted expense levels insufficient to continue purchasing aviation fuels. Budget amendments are required to recognize revenues and appropriate funding to accommodate additional fuel purchases for the remainder of FY 2018. FISCAL IMPACT: Revenues in the amount of $185,000 and $165,000 will be recognized and appropriated within the Immokalee Regional Airport fund center (192330) and Marco Island Executive Airport fund center (192370), respectively. Purchase orders already open for Avgas and Jet -A fuel will be increased accordingly to allow for the continued deliveries of these critical sales products. GROWTH MANAGEMENT IMPACT: There is no growth management impact related to this item. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for approval. -JAK RECOMMENDATION: To authorize budget amendments to recognize revenue for fund center 192330, Immokalee Regional Airport and fund center 192370, Marco Island Executive Airport, within Collier County Airport Operating Fund (495) in the amount of $185,000 and $165,000, respectively, and appropriate the funding to accommodate increased fuel purchases over budgeted levels. Prepared by: Christopher Johnson, Manager Financial & Operations Support, Operations Support Division, Growth Management Department. 06/26/2018 COLLIER COUNTY Board of County Commissioners Item Number: 16.G.1 Doc ID: 5806 Item Summary: Recommendation to authorize budget amendments to recognize revenue for the Immokalee Regional and Marco Island Executive Airports within Collier County Airport Operating Fund (495) in the amount of $185,000 and $165,000, respectively, and appropriate the funding to accommodate increased fuel purchases over budgeted levels. Meeting Date: 06/26/2018 Prepared by: Title: Accountant, Senior – Growth Management Operations Support Name: Christopher Johnson 05/31/2018 8:28 AM Submitted by: Title: Division Director - Operations Support – Growth Management Department Name: Gene Shue 05/31/2018 8:28 AM Approved By: Review: Airport Authority Jennifer Espinosa Additional Reviewer Completed 05/31/2018 12:06 PM Growth Management Department Diane Lynch Level 1 Reviewer Completed 05/31/2018 3:32 PM Airport Authority Justin Lobb Additional Reviewer Completed 05/31/2018 3:36 PM Growth Management Department Gene Shue Additional Reviewer Completed 06/05/2018 9:45 AM Growth Management Department James French Deputy Department Head Review Skipped 06/06/2018 9:46 AM Growth Management Department Thaddeus Cohen Department Head Review Completed 06/07/2018 8:41 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/11/2018 7:21 AM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 06/14/2018 10:25 AM Office of Management and Budget Allison Kearns Additional Reviewer Completed 06/15/2018 11:06 AM Budget and Management Office Ed Finn Additional Reviewer Completed 06/15/2018 3:06 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 06/15/2018 4:13 PM Board of County Commissioners MaryJo Brock Meeting Pending 06/26/2018 9:00 AM