Supplemental Budget Amendment #236 - LAP Agreement for Construction of Quietwater Beach Ferry Landing
From:
Stephan Hall, Budget Manager
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #236 - Stephan Hall, Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #236, Local Option Sales Tax Fund III (352), in the amount of $860,907, to recognize proceeds from a State of Florida Department of Transportation Local Agency Program Agreement (LAP), and to appropriate these funds for construction of the Quietwater Beach Ferry Landing Project.
BACKGROUND:
On August 18, 2016, the Board approved an LAP between the Florida Department of Transportation and Escambia County, Florida, for construction of the Quietwater Beach Ferry Landing Project. Project costs for the design and construction phase will be reimbursed in the amount of $860,907, which is the amount being appropriated with this amendment.
BUDGETARY IMPACT:
This amendment will increase Fund 352 by $860,907.
LEGAL CONSIDERATIONS/SIGN-OFF:
N/A
PERSONNEL:
N/A
POLICY/REQUIREMENT FOR BOARD ACTION:
Board polic?y requires increases or decreases in revenues to be approved by the Board.