Agenda 05/14/2019 Item #16C 1 (BA Solid Waste Capital Fund)05/14/2019
EXECUTIVE SUMMARY
Recommendation to authorize budget amendments in the Solid Waste Capital Fund (474), Water
Capital Fund (412), Sewer Capital Fund (414) and General Fund (001) to recognize revenue
received related to Hurricane Irma and to use those revenues to repay loans and fund deferred
capital projects.
OBJECTIVE: To utilize revenues received by Solid Waste Capital Fund (474) and pay back loans to the
General Fund and Collier County Water-Sewer District (CCWSD) and enable the CCWSD to re-
appropriate deferred capital projects.
CONSIDERATIONS: To help fund the Hurricane Irma debris removal expense in FY18, the Solid
Waste Capital Fund (474) borrowed from the Water Capital Fund (412), the Sewer Capital Fund (414).
Borrowing was also contemplated and budgeted from the General Fund (001), but was not utilized. The
Solid Waste Capital Fund (474) received reimbursements in April 2019 from the Federal Emergency
Management Agency (FEMA) and State of Florida (State) and will use the funds to pay down the loans.
Budgeted
Loan to
474
Loaned to 474 Previously
Repayed from
474
May 2019
Repay from
474
Remaining to
be Reimbursed
412 $4,000,000 $4,000,000 $0 $4,000,000 $0
414 $36,707,700 $36,707,700 $2,845,400 $27,509,772 $6,352,528
001 $10,000,000 $0 $0 $0 $0
$50,707,700 $40,707,700 $2,845,400 $31,509,772 $6,352,528
FISCAL IMPACT: Budget amendments are needed to recognize $41,509,772 in storm related revenues
deposited into the Solid Waste Capital Fund (474) and repay Water Capital Fund (412) $4,000,000 and
Sewer Capital Fund (414) $27,509,772 and reduce the budgeted loan from the General Fund (001) $10
million.
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
RECOMMENDATION: That the Board of County Commissioners authorizes the budget amendments
to recognize actual revenue received and to use those revenues to repay loans to fund needed, deferred
capital projects.
Prepared By: Amia Curry, Financial and Operational Support Manager, Public Utilities Department
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05/14/2019
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.C.1
Doc ID: 8819
Item Summary: Recommendation to authorize budget amendments in the Solid Waste Capital
Fund (474), Water Capital Fund (412), Sewer Capital Fund (414) and General Fund (001) to recognize
revenue received related to Hurricane Irma and to use those revenues to repay loans and fund deferred
capital projects. (Joseph Bellone, Financial Operations Support Director, Public Utilities Department)
Meeting Date: 05/14/2019
Prepared by:
Title: Manager - Operations Support - PUD – Public Utilities Operations Support
Name: AmiaMarie Curry
04/30/2019 2:49 PM
Submitted by:
Title: Division Director - Operations Support – Public Utilities Operations Support
Name: Joseph Bellone
04/30/2019 2:49 PM
Approved By:
Review:
Public Utilities Operations Support Joseph Bellone Additional Reviewer Completed 04/30/2019 2:59 PM
Public Utilities Department Sarah Hamilton Level 1 Division Reviewer Completed 04/30/2019 3:06 PM
Public Utilities Department George Yilmaz Level 2 Division Administrator Review Completed 04/30/2019 3:17 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 04/30/2019 4:33 PM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 04/30/2019 5:00 PM
Office of Management and Budget Susan Usher Additional Reviewer Completed 05/07/2019 12:13 PM
County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 05/07/2019 2:40 PM
Board of County Commissioners MaryJo Brock Meeting Pending 05/14/2019 9:00 AM
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