Okaloosa County BOCC — August 28, 2013 — Agenda — reading text

Gulf Consortium September 18, 2013 Agenda Item # 8 Continuation of Transition Budget Executive Summary: At the Gulf Consortium meeting held February 28, 2013, the Consortium approved the Transition Budget allocation. Because of the delay in receiving RESTORE Act funding, the Consortium Transition Budget needs to be continued into next Fiscal Year (2013-2014). Background: The transition budget was intended to provide the Interim Manager (Florida Association of Counties) the resources to support the start-up and initial operation of the Gulf Consortium. Analysis: On February 28, 2013, the Consortium felt very strongly that the Gulf Consortium must consider many variables when determining the best way to provide financial support during this interim period. Perhaps the most important consideration is that the Gulf Consortium remains united in its deliberations. The Executive Committee also voted unanimously to recommend the allocation below as the method to fund the Gulf Consortium until fines are received. The proposed budget is an estimated annual budget with anticipated expenditures using the allocation approved in February on an annual basis. Methodology explanation: Estimated expenses were allocated 75% to the 8 Disproportionally Affected Counties and 25% to the Non-disproportionally Affected Counties. Anticipated percentage allocations from Pot #1 (Direct Component) were used to calculate share. Options: 1. Approve the recommendation to approve budget and allocate costs in accordance with previously approved methodology and authorize the Chair to sign Audit Engagement Letter (attached) or; 2. Provide other direction Fiscal Impact: County Allocations as indicated below. Recommendation: Approve a motion that approves the budget and allocation methodology recommendation and Audit Engagement. Division and Staff Person’s Name: Doug Darling, Interim Manager Moved ____________________; Seconded____________ . Action: Approved____; Approved as amended_______; Defeated_________. Page 1 of 4  Gulf Consortium Proposed Annual Budget October 1, 2013 - September 30, 2014 Proposed Budget Revenues Interim County Funding 140,053 Total Revenues 140,053 Disbursements Consulting- Administration 60,000 Consulting-Legal & Expenses 60,000 Meeting and Travel Expense 8,000 Miscellaneous 1,000 Annual Audit 3,000 Grant Writer 7,500 Total Disbursements 139,500 Revenues Over (under) Disbursements 553 Page 2 of 4  GULF CONSORTIUM ANNUAL ALLOCATION FY 2013-2014 CURRENT ANNUALIZED COUNTY ESTIMATED ALLOCATION ALLOCATIONS AMOUNT ESCAMBIA 25.334% $13,300 $26,601 SANTA ROSA 10.497% $5,511 $11,022 OKALOOSA 15.226% $7,994 $15,987 WALTON 13.712% $7,199 $14,398 BAY 15.101% $7,928 $15,856 GULF 6.743% $3,540 $7,080 FRANKLIN 8.441% $4,432 $8,863 WAKULLA 4.943% $2,595 $5,190 SUBTOTAL 100.00% $52,498 $104,997 CURRENT ANNUALIZED COUNTY ESTIMATED ALLOCATION ALLOCATIONS AMOUNT JEFFERSON 3.84% $672 $1,344 TAYLOR 4.39% $768 $1,537 DIXIE 3.49% $611 $1,222 LEVY 3.90% $683 $1,365 CITRUS 4.70% $823 $1,645 HERNANDO 4.99% $873 $1,747 PASCO 7.09% $1,241 $2,482 PINELLAS 11.02% $1,929 $3,857 HILLSBOROUGH 13.36% $2,338 $4,676 MANATEE 6.82% $1,194 $2,387 SARASOTA 7.26% $1,271 $2,541 CHARLOTTE 5.17% $905 $1,810 Page 3 of 4  LEE 8.79% $1,538 $3,077 COLLIER 7.03% $1,230 $2,461 MONROE 8.31% $1,454 $2,909 SUBTOTAL 100.16% $17,528 $35,056 GRAND TOTAL $70,026 $140,053 Page 4 of 4