5:32 p.m. Public Hearing for consideration of amending the Fiscal Year 2015/2016 Budget for the purpose of recognizing prior year grants and fund balances and appropriating these funds for ongoing projects.
Recommendation: That the Board take the following action concerning re-budgeting ongoing projects that were not completed by the end of Fiscal Year 2014/2015:
A. Conduct the 5:32 p.m. Public Hearing on November 5, 2015, amending the Fiscal Year 2015/2016 Budget for the purpose of recognizing prior year grants and fund balances, and appropriating these funds for ongoing projects;
B. Following the Public Hearing, adopt the Resolution approving Supplemental Budget Amendment #001, General Fund (001), Escambia County Restricted Fund (101), Economic Development Fund (102), Mass Transit Fund (104), Tourist Promotion Fund (108), Other Grants & Projects (110), Disaster Recovery Fund (112), Library Fund (113), Gulf Coast Restoration Fund (118), SHIP Fund (120), CDBG/HUD Entitlement Fund (129), Fire Protection Fund (143), Community Redevelopment Fund (151), Southwest Sector CRA (152), Bob Sikes Toll Fund (167), Transportation Trust Fund (175), Drainage Basin Funds (181), Debt Service Fund (203), FTA Capital Fund (320), Local Option Sales Tax III Fund (352), Solid Waste Fund (401), Building Inspection Fund (406), Emergency Services Fund (408), and Internal Service Fund (501), in the amount of $124,589,031.69, to re-budget the funds associated with ongoing grants and projects that were not completed by the end of Fiscal Year 2014/2015; and
C. Approve all associated Fiscal Year 2015/2016 Purchase Orders for projects with existing Purchase Orders. |