Agenda

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County Administrator's Report 12. 3.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	05/05/2016
Issue: Supplemental Budget Amendment #139 - Insurance Proceeds from Damage to County Property
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #139 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #139, Transportation Trust Fund (175), in the amount of $94,839, to recognize insurance proceeds received for damage to traffic equipment and other property at various locations throughout the County, and to appropriate these funds into the Traffic Operations Cost Center from where repair costs were expended.

BACKGROUND:

Escambia County received insurance reimbursements totaling $94,839 for damage to traffic equipment and other property at various locations throughout the County. Repairs were done by the Traffic Operations division, so the proceeds will reimburse that cost center for the work.

BUDGETARY IMPACT:

This amendment will increase Fund 175 by $94,839.

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#139