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County Administrator's Report 16. 12.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	04/06/2017
Issue: Reallocation of Funds - Local Option Sales Tax (LOST III) Project and Design Team Salaries
From:	Joy D. Blackmon, P.E.
Department:	Public Works
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Reallocation of Funds - Local Option Sales Tax (Fund 352) for Personnel Services for Fiscal Year 2016/2017 - Joy D. Blackmon, P.E., Public Works Department Director

That the Board approve transferring project funds within the Local Option Sales Tax III (Fund 352), in the amount of $1,326,730, reallocating various Local Option Sales Tax (LOST) Transportation and Drainage Project funds to be placed in Project Management (Project #12EN1898), to account for the salaries of LOST project employees in project accounting, in the amount of $994,317.

This recommendation also allocates project salaries for the Design Team, in the amount of $332,413, in project accounting. This action aligns project accounting to match fund accounting as part of the Adopted Fiscal Year 2016/2017 Budget.

BACKGROUND:

Annually, monies are transferred from various LOST projects into Project Management project #12EN1898 to correctly bill the project manager's salaries to the appropriate projects. This action allocates funds in the amount of $994,317 on the project side of Pentamation (County Finance System). Fund accounting already has the salaries budgeted for the purpose of payroll and position management.

Meeting in regular session on February 19, 2015, the Board approved creating the LOST Design Team, this action allocates $332,413 on the project side of Pentamation to cover the cost of these positions. Fund accounting already has the salaries budgeted for the purpose of payroll and position management.

BUDGETARY IMPACT:

This Budget Amendment will increase salaries in project accounting by $1,326,730.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

There are no additional positions or personnel costs associated with this action.

POLICY/REQUIREMENT FOR BOARD ACTION:

Board policy requires increases in personnel cost come before the Board.

IMPLEMENTATION/COORDINATION:

N/A

Attachments
Personnel Spreadsheet 2017
Approved Budget 1617 T&D
Approved Budget FY 16/17 Design Team