SUBJECT
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Approve the Property Appraiser’s request to allocate excess revenue returned from FY 24/25 in the FY 25/26 budget, a CIP amendment, and a budget transfer from the General Capital Improvement Fund Reserve for Future Capital to establish a new CIP project and budget for the Property Appraiser’s Building Renovation project ($300,000 one-time transfer).
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DESCRIPTION
In January 2026, the Property Appraiser returned $2,852,849 to the Board from unspent appropriations for FY 24/25. The Property Appraiser is requesting the establishment of a new CIP project for modifications to the Property Appraiser’s office in the amount of $300,000. The Property Appraiser's building renovation scope of work consists of interior renovations to the entry/lobby, offices, and restroom areas, including interior finishes and various workstations.
RECOMMENDATION
Request Board approve a CIP amendment to create the new project and one-time budget transfer of $300,000 from the General Capital Improvement Fund Reserve for Future Capital to establish the Property Appraiser Building Modification CIP project; the reserve will be replenished with General Fund ending fund balance in the FY 26/27 budget process.
FISCAL IMPACT
Funds are available for transfer in the FY 25/26 General Capital Improvement Fund Reserve for Future Capital.
CONTACT INFORMATION
Keith R. Tate, Director
Facilities Management Division
863-534-5511
keithtate@polkfl.gov