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Agenda 07/14/2020 Item #16G 6 (Authorize Budget Amendments - Marco Island Executive Airport)07/14/2020 EXECUTIVE SUMMARY Recommendation to authorize budget amendments to recognize revenue and transfer reserves for Marco Island Executive Airport, in the amount of $210,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. OBJECTIVE: To authorize budget amendments to recognize revenue and transfer reserves for Marco Island Executive Airport, in the amount of $210,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. CONSIDERATIONS: A steady increase in activity at the Marco Island Executive Airport this fiscal year has resulted in budgeted expense levels that are insufficient to continue purchasing aviation fuels and cover associated operating expenses. Budget amendments are required to transfer reserves, recognize revenue and appropriate funding to accommodate additional fuel purchases and associated operating expenses for the remainder of FY2020. FISCAL IMPACT: Budget amendments are required to recognize and appropriate revenue in the amount of $160,000 and transfer $50,000 in reserves within Collier County Airport Fund (495). Purchase orders for AV gas, Jet-A fuel and associated operating expenses at the Marco Island Airport will be increased accordingly to allow for the continued purchase of critical products and services. GROWTH MANAGEMENT IMPACT: There is no growth management impact related to this item. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality and requires majority vote for approval. -JAK RECOMMENDATION: To authorize budget amendments to recognize revenue for fund center 192370, Marco Island Executive Airport, within Collier County Airport Fund (495) in the amount of $210,000 and appropriate the funding to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Prepared by: Christopher Johnson, Financial & Operational Support Manager, Operations Support Division 16.G.6 Packet Pg. 2867 07/14/2020 COLLIER COUNTY Board of County Commissioners Item Number: 16.G.6 Doc ID: 12666 Item Summary: Recommendation to authorize budget amendments to recognize revenue and transfer reserves for Marco Island Executive Airport, in the amount of $210,000 to accommodate increased fuel purchases and associated operating expenses over budgeted levels. Meeting Date: 07/14/2020 Prepared by: Title: Accountant, Senior – Growth Management Operations Support Name: Christopher Johnson 06/16/2020 7:22 AM Submitted by: Title: Division Director - Operations Support – Growth Management Department Name: Gene Shue 06/16/2020 7:22 AM Approved By: Review: Capital Project Planning, Impact Fees, and Program Management Rookmin Nauth Additional Reviewer Completed 06/16/2020 7:52 AM Growth Management Department Judy Puig Level 1 Reviewer Completed 06/16/2020 8:12 AM Growth Management Department Gene Shue Additional Reviewer Completed 06/16/2020 8:57 AM Airport Authority Justin Lobb Additional Reviewer Completed 06/16/2020 9:32 AM Growth Management Department Judy Puig Deputy Department Head Review Skipped 06/16/2020 8:09 AM Growth Management Department Thaddeus Cohen Department Head Review Completed 06/17/2020 1:24 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 06/17/2020 3:21 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/18/2020 10:12 AM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 06/23/2020 11:11 AM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 07/05/2020 8:20 PM Board of County Commissioners MaryJo Brock Meeting Pending 07/14/2020 9:00 AM 16.G.6 Packet Pg. 2868