Agenda

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County Administrator's Report 12. 16.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	09/07/2017
Issue: Supplemental Budget Amendment #207 - Reimbursements for Damage to County Property
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #207 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #207, Local Option Sales Tax (LOST) Fund (352) and Transportation Trust Fund (175), in the amount of $52,933, to recognize insurance proceeds received for damage to County traffic structures and equipment at various locations throughout the County, and to appropriate these funds back into the Cost Centers from where repair costs were expended.

BACKGROUND:

Escambia County received reimbursements totaling $52,933 for damage to traffic structures and equipment at various locations throughout the County. Damaged structures and equipment included a guardrail, pedestrian signals, and traffic signal controllers. Repairs were done by County Engineering using LOST funds and also by Traffic Operations using Transportation Trust funds, so the proceeds are reimbursing those cost centers (210107 and 211201). The LOST portion will become part of the Fund Balance and is not associated with any particular project.

BUDGETARY IMPACT:

This amendment will increase Fund 352 by $4,537 and Fund 175 by $48,396.

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#207