04/23/2019 (3) - Laserfiche WebLink

Home Browse Search

Consent Agenda Indian River County Interoffice Memorandum Office of Management & Budget To: Members of the Board of County Commissioners From: Kristin Daniels Director, Office of Management & Budget Date: April 16, 2019 Subject: Miscellaneous Budget Amendment 010 Description and Conditions 1. On April 9, 2019, the Board of County Commissioners approved the demolition and disposal of the Wabasso Fishing Pier. Exhibit "A" appropriates insurance proceeds in the amount of $944,824 to fund the project. 2. Due to faulty electric meters, the North County Aquatics Center has received a back bill from FP&L for $55,098. Additionally, $25,457 will be needed for the electric bills going forward for this fiscal year. Exhibit "A" appropriates funding of $80,555 from MSTU/Reserve for Contingency. 3. On April 9, 2019, the Board of County Commissioners approved the Utility by Highway Contractor Agreement for Water and Sewer Construction on SR 60 and 43rd Avenue. The City of Vero Beach will reimburse the County $1,869,852 for the work. Exhibit "A" appropriates this funding. 4. Funds in the amount of $13,530 are needed due to the retirement of the Human Services employee. Exhibit "A" appropriates funding from General Fund/Reserve for Contingency. 5. Funds in several projects need to be "rolled over" to the new fiscal year. Exhibit "A" appropriates funding of $650,000 from Optional Sales Tax/Cash Forward -Oct 1st, $300 from Beach Restoration/Cash Forward- Oct 1st and $578 from General Fund/Cash Forward -Oct 1st 6. On March 26, 2019, the Board of County Commissioners approved the NexusWorx-Fiber documentation system, Project Phase -2. Exhibit "A" appropriates the funding of $292,538 from MSTU/Cash Forward -Oct 1st Staff Recommendation Staff recommends the Board of County Commissioners approve the budget resolution amending the fiscal year 2018-2019 budget. 67