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County Administrator's Report 9. 3.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	06/02/2016
Issue: Supplemental Budget Amendment #169 - Insurance Proceeds for ECAT
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #169 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #169, FTA Capital Projects Fund (320), in the amount of $40,593, to recognize insurance proceeds for a vehicle that was damaged as a result of the April 2014 floods, and to appropriate these funds to purchase another special needs vehicle.

BACKGROUND:

Escambia County Area Transit (ECAT) received insurance proceeds for a special needs vehicle that was damaged as a result of the April 2014 floods. These funds need to be recognized to purchase a replacement vehicle.

BUDGETARY IMPACT:

This amendment will increase Fund 320 by $40,593.

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# 169