Supplemental Budget Amendment #166 - Joint Participation Agreement with Florida Department of Transportation for Pothole Repairs
From:
Stephan Hall, Interim Department Director
Organization:
OMB
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #166 - Stephan Hall, Management and Budget Services Interim Department Director
That the Board adopt the Resolution approving Supplemental Budget Amendment #166, Local Option Sales Tax Fund (352), in the amount of $200,000, to recognize proceeds from a Florida Department of Transportation Joint Participation Agreement,and to appropriate these funds for the repair of potholes in approximately 48 different locations by milling and resurfacing on State Road 30 (US 98) Navy Boulevard, from State Road 295 (New Warrington Road) to the Bayou Chico Bridge.
BACKGROUND:
On June 2, 2015, the Board approved a Joint Participation Agreement between the Florida Department of Transportation (FDOT) and Escambia County for the repair of potholes in approximately 48 different locations by milling and resurfacing on State Road 30 (US 98) Navy Boulevard, from State Road 295 (New Warrington Road) to the Bayou Chico Bridge. The Agreement specifies the FDOT will reimburse Escambia County an amount not to exceed $200,000 for actual costs incurred, excluding local government overhead.
BUDGETARY IMPACT:
This amendment will increase Fund 352 by $200,000.
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.