Agenda 09/09-10/2008 Item #16F(1)A
Agenda Item No, 16F1 -/~
August 12, 2008
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EXECUTIVE SUMMARY
Approve a budget amendment for $124,000 to increase budgeted revenues
and expenses for the sale and purchase of aviation fuel at Immokalee
Regional Airport.
OBJECTIVE: To approve a budget amendment for $124,000 to increase
budgeted revenues and expenses for the sale and purchase of Av Gas and Jet A
fuel at Immokalee Regional Airport,
CONSIDERATIONS: In preparing the FY08 budget, Av Gas fuel for Immokalee
Regional Airport was budgeted at $2,64 per gallon. The current cost is $4,53 per
gallon, In preparing the FY08 budget, Jet A fuel for Immokalee Regional Airport
was budgeted at $2.43 per gallon, The current cost is $4.73 per gallon,
Because of the increased cost of fuel, the budget authorization for fuel purchases
at Immokalee Regional Airport is exhausted. In order to purchase additional Av
Gas and Jet A fuel a budget amendment is required.
An additional 8,000 gallons of Av Gas fuel and 16,000 gallons of Jet A are
projected to be needed for the balance of Fiscal year 08, at a cost of $124,000,
Approval of this budget amendment by the County Manager is subject to formal
ratification by the Board of County Commissioners, If the decision by the County
Manager is not ratified by that Board, this budget amendment shall be
enforceable against Collier County only to the extent authorized by law in the
absence of such ratification by that Board,
FISCAL IMPACT: The fiscal impact of this budget amendment request nets to
zero. The budget for Av Gas Fuel Expense will be increased by $56,000, and
the revenue budget for Airport Av Gas Fuel will be increased by $56,000, The
budget for Jet A Fuel Expense will be increased by $68,000, and the revenue
budget for Airport Jet A Fuel will be increased by $68,000,
GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact
associated with this Executive Summary,
RECOMMENDATION: That the Board of County Commissioners approve a
budget amendment for $124,000 for the purchase and sale of aviation fuel at
Immokalee Regional Airport,
Prepared by Debi Mueller, Collier County Airport Authority
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Agenda Item No. 16F1
August 12,2008
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COLLIER COUNTY
BOARD OF COUNTY COMMISSIONERS
Item Number:
16F1
Item Summary:
Approve a budget amendment for $124,000 to increase budgeted revenues and expenses
for the sale and purchase of aviation fuel at Immokalee Regional Airport.
Meeting Date:
8112120089:00:00 AM
Prepared By
Debl Mueller
Account Technlcan
Date
County Manager's Office
Airport Authority
7/24/20083:37:34 PM
Approved By
Theresa M. Cook
Executive Director
Date
County Manager's Office
Airport Authority
7/28/200811:00 AM
Approved By
OMS Coordinator
OMS Coordinator
Date
County Manager's Office
Office of Management & Budget
7/29/2008 2:06 PM
Approved By
Randy Greenwald
Management/Budget Analyst
Date
County Manager's Office
Office of Management & Budget
7/29/20084:20 PM
Approved By
James V. Mudd
County Manager
Date
Board of County
Commissioners
County Manager's Office
7/30/2008 3:26 PM
file:! /C:\AgendaTest\Export\119-August%20 12, %202008\ 16, %20CONSENT%20AGENDA \,.. 9/3/2008