Supplemental Budget Amendment #275 - EDTPFA for Transportation Improvements on County Road 184 (Muscogee Road)
From:
Stephan Hall, Budget Manager
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #275 - Stephan Hall, Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #275, Local Option Sales Tax Fund III (352), in the amount of $1,674,000, to recognize proceeds from a State of Florida Department of Transportation Economic Development Transportation Project Fund Agreement (EDTPFA), and to appropriate these funds for construction of transportation facility improvements on CR 184 (Muscogee Road), and improvements to the Muscogee Road Freight Corridor between Beulah Road and Carlisle Drive.
BACKGROUND:
On September 22, 2016, the Board is anticipated to approve a $1,674,000 EDTPFA between the Florida Department of Transportation and Escambia County, Florida, for construction of transportation facility improvements on CR 184 (Muscogee Road), and improvements to the Muscogee Road Freight Corridor between Beulah Road and Carlisle Drive.
BUDGETARY IMPACT:
This amendment will increase Fund 352 by $1,674,000.
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.