Agenda

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County Administrator's Report 14. 3.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	06/10/2013
Issue: Supplemental Budget Amendment #165 – ECUA Cost Sharing Agreement Reimbursement
From:	Amy Lovoy
Department:	OMB
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #165 - Amy Lovoy, Management and Budget Services Department Director

That the Board adopt the Resolution approving Supplemental Budget Amendment #165, Local Option Sales Tax III Fund (352) in the amount of $7,458, to recognize reimbursements received from the Emerald Coast Utilities Authority (ECUA) under a cost-sharing Agreement for the Cary's Lane resurfacing project, and to appropriate these funds back to the Local Option Sales Tax III Fund (352).

BACKGROUND:

Escambia County entered into a cost sharing agreement with ECUA for Cary's Lane resurfacing. ECUA's share has been received in the amount of $7,458, and will be placed back in the Local Option Sales Tax Fund (352).

BUDGETARY IMPACT:

This amendment will increase Fund 352 by $7,458.

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#165