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Agenda 09/29/2009 Item #16F 8 Agenda Item No. 16F8 September 29,2009 Page 1 of 2 EXECUTIVE SUMMARY Recommendation to approve budget amendments appropriating $276,351,171.83 of unspent FY 2009 grant and project budgets into fiscal year 2010. OBJECTIVE: Board of County Commissioners' approval of budget amendments which will appropriate $276,351,171.83 of carry forward in various funds. CONSIDERATIONS: When budgeting for a capital project, usually tge budgets are for the entire construction amount, even if the project takes multiple years to cO~l1plete. Grants on the other hand, usually do not start on October 1, most staIt on the state fiscal year cycle, July 1 or on a calendar year cycle, January 1 and usually last for a year or more. In any event, capital and grant budgets do not "expire" at the end of the Board's fiscal year, on September 30. The unspent portion of these budgets needs to roll forward into the next fiscal year. - On September 14, all the grant and capital projects were reviewed in SAP (accounting system) and it was noted that there was $276,351,171.83 of unspent budgets. Weare recommending that FY 2010 budget be amended by $276,351,171.83 on October 1 to avoid any disruption to the various capital projects and grants. Since these budget amendments will be increasing the total (adopted) appropriations within a fund, they must be approved by resolution of the Board of County Commissioners after an advertised public hearing. (The resolution is in section 17E in this agenda). On or about October 1, all the capital projects and grants will be reviewed again in SAP aIld the 2010 budget will be decreased by the expenditures that were incurred during the last 3 weeks in September. These budget amendments can be done administratively, since they will be decreasing the capital project and grant budgets. If we waited until FY 2009 closes on September 30 and prepared the roll forward budget amendments, all the capital projects and grants would not have budgets until the next BCC meeting scheduled for October 13. Venders and employees could not get paid until after the Board meeting. FISCAL IMPACT: Budget amendments in the amount of $276,351,171.83 are needed in FY 2010 to re-appropriate unspent (FY 2009) budget within each capital project and grant program and recognize a like aIll0unt of carryforward. Attached is a schedule by Fund and dollar amount GROWTH MANAGEMENT IMPACT: There is no growth management impact with this carryforward funding request. LEGAL CONSIDERATIONS: This item has been reviewed and approved by the County Attomey and is ready for Board action. -JAK RECOMMENDATION: Board approval of budget amendments totaling $276,351,171.83 to re-appropriate unspent (FY 2009) budget and carry forward for capital projects and grants. PREPARED BY: John Yonkosky, Director, Office of Management and Budget l'age 1 or 1 Agenda Item No. 16F8 September 29,2009 Page 2 of 2 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS I Item Number: 16F8 Item Summary: Recommendation to approve budget amendments appropriating $276,351,171.83 of unspent FY 2009 grant and project budgets into fiscal year 2010. Meeting Date: 9/29/20099:00:00 AM Approved By OMB Coordinator OMB Coordinator Date County Manager's Office Office of Management & Budget 9/21/20092:25 PM Approved By Jeff Klatzkow County Attorney Date County Attorney County Attorney Office 9/22/2009 4:46 PM Approved By John A. Yonkosky Director of the Office of Management Date County Manager's Office Office of Management & Budget 9/22/20094:46 PM Approved By Leo E. Ochs, Jr. Deputy County Manager Date Board of County County Manager's Office Commissioners 9/22/2009 6:32 PM file://C:\Agendatest\export\ 135-September 29,2009\16. CONSENT AGENDA\16F. COUN... 9/23/2009