Agenda

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County Administrator's Report 12. 12.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	05/25/2017
Issue: Supplemental Budget Amendment #137 - IIDC Water and Sewer Grant
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #137 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #137, Escambia County Restricted Fund (101) and Local Option Sales Tax (LOST) Fund (352) in the amount of $0, to recognize a reduction of $84,857 in the LOST portion covering the Administrative, Operation, and Repair associated with the Innerarity Island Development Corporation (IIDC) Water and Sewer Grant and recognizing an increase of $84,857 in the Escambia Restricted Fund were the IIDC Operating and Administrative portion of the grant is actually expensed in conjunction with the daily operations of the water and sewer utility.

BACKGROUND:

The County received the IIDC Water and Sewer Grant in the sum of $1,000,000, of this amount approximately $180,000 has been been designated for the Administration, Operation, and Repairs of the Water and Wastewater System per FDEP Agreement #S0878 (Task 3).To date the amounts moved from Fund 352 to Fund 101 including this SBA is $160,007.

Escambia County's Innerarity Water and Sewer Upgrade Project plays a vital role in the health and well-being of its citizens and communities.

On January 27, 2014 the IIDC formerly filed a note of abandonment pursuant to F.S. 367.165(1), and on March 21, 2014, the First Judicial Circuit Court ordered Escambia County to become the receiver of this now abandoned water and wastewater utility system.

An agreement in principal has been reached between ECUA and Escambia County for ECUA to accept ownership and maintenance of the water and sewer system upon completion of reconstruction to bring the utility to current standards.

BUDGETARY IMPACT:

This amendment will decrease Fund 352 and Increase Fund 101 in the amount of $84,857.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

Board policy requires increases and decreases in revenue to be approved by the Board.

IMPLEMENTATION/COORDINATION:

N/A

Attachments
SBA#137