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HomeMy WebLinkAbout2003 07 14 Consent D Tuscawilla Lighting and Beautification District Maintenance Fund :; COMMISSION AGENDA ITEM D CONSENT X INFORMATIONAL PUBLIC HEARING REGULAR July 14,2003 Meeting MGR F ~EPT /~ I Authorization REQUEST: Public Works Department Requesting Supplemental Appropriation for the. Tuscawilla Lighting and Beautification District Maintenance Fund. PURPOSE: The purpose of this Board item is to request a supplemental appropriation for the Tuscawilla Lighting and Beautification District Maintenance Fund of $30,000 from the TLBD Maintenance Fund reserves for the remainder ofFY 2002/2003. CONSIDERATIONS: This supplemental appropriation is needed to cover increased costs associated with the maintenance of the TLBD Improvements. The replacement of the landscape, irrigation, fertilization and pest control contractors has resulted in an increased cost to perform at the level of service desired by the TLBD Advisory Committee and staff It is anticipated that $30,000 appropriation to the .landscaping line code will be sufficient to complete the fiscal year ending September 30,2003. The $30,000 would be allocated from the TLBD maintenance fund reserves which is projected to have a fund balance of$519,400 at the end of this fiscal year. The TLBD Advisory Committee recommended at the June 24th meeting to seek a supplemental appropriation of the $30,000. FUNDING: The $30,000 would be appropriated from the approximately $519,400 in the TLBD Maintenance Fund reserves to the Landscaping line code (184-54686). Consent Agenda Item D July 14,2003 Page 2 RECOMMENDATION: It is recommended that the City Commission approve a supplemental appropriation for the Tuscawilla Lighting and Beautification District Maintenance Fund of $30,000 to the Landscaping line code (184-54686) from the TLBn Maintenance Fund reserves for the remainder ofFY 2002/2003. IMPLEMENTATION SCHEDULE: The funds will be transferred after Commission approval. ATTACHMENTS: None COMMISSION ACTION