Agenda 09/23/2008 Item #16C 5EXECUTIVE SUMMARY
Item # 16C5
September 23, 2008
Page 1 of 2
Recommendation to authorize a budget amendment transferring appropriations of
$500,000.00 from the Collier County Water -Sewer District Operations Fund (Fund
408), Reserve for Contingencies to a Fund Center in the same Fund for Tropical
Storm Fay related expenditures.
OBJECTIVE: Authorization of a budget amendment establishing appropriations in a
Tropical Storm Fay (TS Fay) fund center in the Collier County Water -Sewer District
(District) Operations Fund (Fund 408); this budget amendment transfers appropriations of
$500,000 from the Reserve for Contingencies to a separate fund center to consolidate
accounting for TS Fay related expenditures.
CONSIDERATIONS: On August 18, 2008, the Board declared a state of emergency in
Collier County for TS Fay. The declaration, among other considerations, meets the
Federal Emergency Management Agency (FEMA) requirements for reimbursement of
expenditures (Category 2 -- Emergency Protective Measures) incurred by Collier County
as a result of TS Fay.
The following schedule represents a summary of the major expenditures incurred by the
District as a result of TS Fay:
Rental Equipment (pumper trucks) $230,000
Contract Work (repair damages, stonn preparation and recovery) $160,000
Other Estimated Costs $110.000
Total $500,000
The above schedule does not include solid waste debris removal expenditures; these are
being charged to the MSTU General Fund (Fund 111).
To provide adequate and timely reimbursements, it is prudent to move District
expenditures to a specific fund center where they can be tracked properly to facilitate
reimbursement from FEMA in the near future.
FISCAL IMPACT: Budget amendment is needed to appropriate $500,000 in FY 2008
to pay invoices related to the TS FAY. This amount will be moved to a newly created
fund center #144251 in Fund 408 to account for all TS FAY related expenditures.
Funding is available in the District Operations Fund (Fund 408), Reserve for
Contingencies.
GROWTH MANAGEMENT IMPACT: There is no growth management impact
associated with this request.
RECOMMENDATION: That the Board of County Commissioner, as the Ex- Officio
Governing Board of the Collier County Water /Sewer District authorize the necessary
budget amendment.
PREPARED BY: Thomas G. Wides, Operations Director, Public Utilities Division
v3
Item # 16C5
September 23, 2008
Page 2 of 2
Recommendation to authorize a budget amendment transferring appropriations of $500,000.00
from the Collier County Water -Sewer District Operations Fund (Fund 408), Reserve for
Contingencies to a Fund Center in the same Fund for Tropical Storm Fay related expenditures.
Prepared By:
Department
PU Operations
Approved By:
Department Approval
County Approved
Manager's Office
ATTACHMENTS:
Date
9/9/2008 3:26:51 PM
Date
9/13/2008 9:24 AM
Name: Description:
D 1 exe-sum to move funds Budget Amendment of $500,000 for the Tropical Strom Fay
from 408 reserves for FAY.doc
Type:
Executive Summary