Agenda 04/08/2008 Item #16D20
Agenda Item No. 16D20
April 8, 2008
Page 1 of 2
EXECUTIVE SUMMARY
Recommendation to approve a Budget Amendment moving $106,500
from the General Fund Appropriation for Property Insurance
Premiums to Library Operating Budgets in the Public Services Division.
OBJECTIVE: That the Board of County Commissioners approve a budget amendment moving
$106,500 from the Geneml Fund property insurance appropriation to Library operating budgets in
the Public Services Division .
CONSIDERATIONS: The FY 2008 budget for property insurance was established based on an
anticipated premium increase and an increase in insurable values; the anticipated increases did
not occur. The actual cost of property insurance for FY 2008, on an Agency-wide basis, is below
budget. The Agency-wide savings is approximately $2,965,000. The property insurance savings
for the General Fund is $702,300. The majority of this savings will increase carry forward into
FY 2009.
Property insurance premium costs for the libraries, as well as for many other General Fund
budgeted activities, is paid from a centralized account in the General Fund. The Board's "Other
General Administration" account pays for centralized insurance premiums in the General Fund.
The Collier County libraries respective share of this savings is $170,921.
_.
The libraries have implemented several cost-saving processes, while striving to maintain service
levels; however, libraries have not experienced sufficient turn-over to meet the attrition goal (4%)
for the Agency. As a result of very low turnover, the libraries current budget for personnel
services will end the year at a deficit.
A reduction of personnel is needed to meet the budgeted target. The Public Services Division is
planning to eliminate 14 long-time, part-time Library Assistant positions budgeted in seven (7)
library branches. The savings that will be gained, in the Library budget, from the reduction is
$106,500.
If this budget amendment is approved, these positions will be funded through the end ofFY 2008.
FISCAL IMP ACT: The fiscal impact of the budget amendment is a reduction of property
insurance premium savings in the General Fund of $106,500.
GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated
with this Executive Summary.
RECOMMENDATION: Approve a budget amendment moving $106,500 of property insurance
appropriations in the General Fund to seven (7) Library cost centers.
Prepared by: Marla Ramsey, Public Services Administrator
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Page 1 of 1
Agenda Item No. 16D20
April 8, 2008
Page 2 of2
COLLIER COUNTY
BOARD OF COUNTY COMMISSIONERS
Item Number:
Item Summary:
16020
Recommendation to approve a Budget Amendment moving $106,500 from the General Fund
Appropriation for Property Insurance Premiums to Library Operating Budgets in the Public
Services Division.
Meeting Date:
4/8/2008 900:00 AM
Approved By
Sherry Pryor
Management & Budget Analyst
Date
County Manager's Office
Office of Management & Budget
4/1/200812:18 PM
Approved By
John A. Y onkosky
Director of the Office of Management
Date
County Manager's Office
Office of Management & Budget
4/1/200812:26 PM
Approved By
James V. Mudd
County Manager
Date
Board of County
Commissioners
County Manager's Office
4/1/20081 :20 PM
file://C:\AgendaTest\Exoort\ 1 04-Aoril%208.%202008\ 16.%20CONSENT%20AGENDA\ 16... 4/2/2008