Supplemental Budget Amendment #271 - Insurance Proceeds from Damage to County Property
From:
Stephan Hall, Budget Manager
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #271 - Stephan Hall, Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #271, Transportation Trust Fund (175), in the amount of $8,820, to recognize insurance proceeds received for damage to a County owned street sweeper and various traffic equipment, and to appropriate these funds into Road Department Cost Centers from where repair costs were expended.
BACKGROUND:
Escambia County received insurance reimbursements totaling $8,820 for damage to a County owned street sweeper and various traffic equipment. Repairs were done by Fleet Maintenance and Roads Maintenance, so the proceeds are reimbursing those cost centers.
BUDGETARY IMPACT:
This amendment will increase Fund 175 by $8,820.
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.