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County Administrator's Report
BCC Regular Meeting
Budget & Finance Consent
Supplemental Budget Amendment #246 - Insurance Proceeds from Damage to County Property
Asst County Administrator
Recommendation Concerning Supplemental Budget Amendment #246 - Stephan Hall, Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #246, Transportation Trust Fund (175), in the amount of $11,089, to recognize insurance proceeds received for damage to traffic equipment at various locations throughout the County, and to appropriate these funds into the Traffic Operations Cost Center from where repair costs were expended.
Escambia County received insurance reimbursements totaling $11,089 for damage to traffic equipment at various locations throughout the County. Repairs were done by the Traffic Operations division, so the proceeds are reimbursing that cost center.
This amendment will increase Fund 175 by $11,089.
POLICY/REQUIREMENT FOR BOARD ACTION:
Board policy requires increases and decreases in revenues to be approved by the Board.
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