Item Coversheet

SEMINOLE COUNTY GOVERNMENT

COUNTY SERVICES BUILDING
1101 EAST FIRST STREET
SANFORD, FLORIDA
32771-1468

BAR 20-072 - SUNRAIL TRANSITION STUDY

Agenda Memorandum
File Number: 2020 - 2136



Title:
Approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) 20-072 transferring $220,000 from the General Fund for the County's portion of payment for the SunRail Transition Study. Countywide. (Timothy Jecks, Deputy CFO/Budget Division Manager) Requesting Department - Public Works/ Engineering Division.
Division:
Budget
Contact/Phone Number:
Sara Carrick, Financial Administrator - 407-665-7180
Background:

At the July 14 BCC Meeting, the Board approved an Interlocal Agreement with the Local Government partners to share the cost of retaining a commuter rail system consultant to perform transition analysis for the final transition plan for SunRail. Each local partner will equally contribute up to $220,000 for the cost of the study to produce this plan. Seminole County will provide administrative support for the procurement process, collection of funds and will administer the consultant’s contract. This BAR reflects the County's portion of payment related to the agreement.

 

The attached BAR will transfer $220,000 from General Fund reserves. Current balance of reserves in the General Fund are budgeted at $47.9M.

Staff Recommendation:
Staff recommends that the Board approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) 20-072 transferring $220,000 from the General Fund for the County's portion of payment for the SunRail Transition Study. Countywide.
ATTACHMENTS:
Description
BAR 20-072