Agenda

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County Administrator's Report 16. 10.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	04/06/2017
Issue: Supplemental Budget Amendment #103 - Insurance Proceeds from Damage to County Property
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #103 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #103, Transportation Trust Fund (175), in the amount of $22,202, to recognize insurance proceeds received for damage to a traffic signal at Fairfield Drive and Palafox Street, and to appropriate these funds into the Traffic Operations Cost Center from where repair costs were expended.

BACKGROUND:

Escambia County received insurance reimbursements totaling $22,202 for damage to a traffic signal at Fairfield Drive and Palafox Street. Repairs were done by the Traffic Operations division, so the proceeds are reimbursing that cost center (211201).

BUDGETARY IMPACT:

This amendment will increase Fund 175 by $22,202.

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#103