Agenda

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County Administrator's Report 12. 12.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	01/19/2017
Issue: Supplemental Budget Amendment #046 - FTA Grant FL 2017-005-00 (FL34-0054)
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #046 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #046, FTA Capital Projects Fund (320), in the amount of $614,819, to recognize proceeds from the Federal Transit Administration (FTA), to appropriate these funds to replace one large 30' bus, purchase new benches, and bus amenity upgrades. Florida toll revenue credits will be used as a soft match for the required $153,705 for all capital related items.

BACKGROUND:

On July 19, 2016, the BCC approved Escambia County Area Transit (ECAT) to receive grant funds for FTA Grant FL 2017-005-00 (FL34-0054). This grant will be used to replace one large 30' bus, purchase new benches, and bus amenity upgrades. Florida Department of Transportation (FDOT) has authorized the use of toll revenue credits as a soft match for the required $153,705 for all capital related items.

BUDGETARY IMPACT:

This amendment will increase Fund 320 by $614,819, and FDOT has authorized the use of toll revenue credits as a soft match for the required $153,705 for all capital related items.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

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

IMPLEMENTATION/COORDINATION:

N/A

Attachments
SBA# 046