Supplemental Budget Amendment #134 - Reimbursements for Damage to County Property
From:
Stephan Hall, Budget Manager
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #134 - Stephan Hall, Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #134, Local Option Sales Tax (LOST) Fund (352), in the amount of $11,757, to recognize insurance proceeds received for damage to a guardrail at Eleven Mile Creek, and to appropriate these funds back into the Cost Center from where repair costs were expended.
BACKGROUND:
Escambia County received reimbursements totaling $11,757 for damage to a guardrail at Eleven Mile Creek. Repairs were done by County Engineering using LOST funds, so the proceeds are reimbursing that LOST cost center (210107).
BUDGETARY IMPACT:
This amendment will increase Fund 352 by $11,757.
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.