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Indian River County <br />Interoffice Memorandum <br />Office of Management & Budget <br />To: Members of the Board of County Commissioners <br />From: Michael Smykowski <br />Director, Office of Management & Budget <br />Date: October 11, 2017 <br />Subject: Miscellaneous Budget Amendment 025 <br />Description and Conditions <br />Consent Agenda <br />7 L_ <br />1. On October 3, 2017 the Board of County Commissioners approved funding the IRC Go -Line <br />Transfer Hub residual balance from Secondary Roads/Gas Tax once the grant funding has <br />been received. Exhibit "A" transfers $444,320 from Secondary Roads/Gas.Tax/Cash Forward <br />Oct 1 St to MPO/Planning/Transit Hub Project. <br />2. Due to a timing discrepancy between fiscal years, a budget amendment is needed to fund the <br />current year portion of the annual Verotown LLC lease agreement. Exhibit "A" appropriates <br />funding in the amount of $31,600 from Dodgertown/Capital Reserve Fund/Cash Forward Oct <br />1 St <br />3. The County experienced expenses recovering from Hurricane Irma. Exhibit "A" appropriates <br />funding from the various funds totaling $928,868 from Cash Forward Oct 1 St. The County is <br />working with FEMA on eligible reimbursements for these expenses. <br />P129 <br />