Agenda

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2nd Budget Public Hearing

Meeting Date:	09/26/2017
Issue: Board Adoption of the Fiscal Year 2017/2018 SRIA Budget
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

Information

RECOMMENDATION:

Board Adoption of the Fiscal Year 2017/2018 Annual Budget for the Santa Rosa Island Authority

BACKGROUND:

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BUDGETARY IMPACT:

Escambia County acquired the Public Safety and Public Works portions of the SRIA Budget for FY 2015/16. The total cost of these two divisions is $3,481,041 for Fiscal Year 2017/18 with a savings of roughly $200k from the FY 2016/17 Budget.

The Island Authority's FY 2016/17 Budget was $5,090,406 and included beach renourishment funds of $500k. The FY 2017/18 Budget is $5,175,618 with an increase of $85,212 for the payout of an anticipated retirement and a continuation of beach renourishment funds in the amount of $500k.

LEGAL CONSIDERATIONS/SIGN-OFF:

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PERSONNEL:

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POLICY/REQUIREMENT FOR BOARD ACTION:

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IMPLEMENTATION/COORDINATION:

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Attachments
FY17/18 SRIA Budget