Agenda

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County Administrator's Report 16. 11.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	04/06/2017
Issue: Supplemental Budget Amendment #104 - SRIA Funds for Pensacola Beach Public Restrooms
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #104 - Stephan Hall, Budget Manager, Management and Budget Services Department

That the Board adopt the Resolution approving Supplemental Budget Amendment #104, Local Option Sales Tax Fund III (352), in the amount of $451,430, to recognize proceeds from the Santa Rosa Island Authority (SRIA), and to appropriate these funds for design and construction of a public restroom facility and boardwalk with observation platform across County Road 399 from the Portofino Condominiums.

BACKGROUND:

On May 5, 2016, the Board approved an Interlocal Agreement between Escambia County and the SRIA relating to design and construction of a public restroom facility and boardwalk with observation platform across County Road 399 from the Portofino Condominiums on Pensacola Beach. The SRIA agreed to provide funding from the Portofino Island Improvement Fund (PIIF) in an amount not to exceed $300,000. It is anticipated that on April 6, 2017 the Board will approve a First Amendment to the Interlocal Agreement that reflects that the SRIA agrees to contribute additional project funds from the PIIF to Escambia County in an amount not to exceed $451,430.

BUDGETARY IMPACT:

This amendment will increase Fund 352 by $451,430.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

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

IMPLEMENTATION/COORDINATION:

N/A

Attachments
SBA#104