TITLE
title
Budget Amendment Realigning Funds From Transportation Trust Fund Reserves for Contingency to Department of Public Works for Equipment Replacement
body
BRIEF OVERVIEW
A budget amendment is submitted for Board of County Commissioners’ approval to adjust funding from reserves to cover repair and maintenance of road maintenance equipment that was omitted during the budget process as well as projected costs for replacement Information Technology (IT) equipment and additional software not anticipated during fiscal year 2025 budget process.
FINANCIAL IMPACT
Expense:
Fund: 1011 - Transportation Trust Fund, Department: 01352 - Engineering, Account: 5304401 - Rentals/Lease - Equipment $2,000.00
Fund: 1011 - Transportation Trust Fund, Department: 01352 - Engineering, Account: 5305221 - Operating Supplies-Computer Software $3,000.00
Fund: 1011 - Transportation Trust Fund, Department: 01352 - Engineering, Account: 5305274 - Uncapitalized Equipment - Tech $7,000.00
Fund: 1011 - Transportation Trust Fund, Department: 03051 - Road Maintenance, Account: 5304603 - Repair/Maintain Equipment $10,000.00
Fund: 1011 - Transportation Trust Fund, Department: 03051 - Road Maintenance, Account: 5305274 - Uncapitalized Equipment - Tech $40,000.00
Fund: 1011 - Transportation Trust Fund, Department: 03081 - Traffic Division, Account: 5305274 - Uncapitalized Equipment - Tech $7,000.00
Fund: 1011 - Transportation Trust Fund, Department: 03151 - Debt Srv-Tfr-Reserves, Account: 5909910 - Budget Reserve for Contingency ($69,000.00)
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
recommendation
RECOMMENDATION
It is recommended that the Board approve the attached budget amendment realigning funds from reserves to cover the Department of Public Works contract and operation expenditures.