SUBJECT
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Approve the transfer of reserve for FY22/23 from the Fire Impact Fee Funds (One time transfer of $1,061,000)
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DESCRIPTION
For FY22/23 the Fire Impact Fee Fund incurred cost greater than budgeted capital expense related to the delay in receiving the Tenders for the new Winston Creek and Moore Road stations and an Engine for Moore Road station that were ordered in 2021 and received Q2 FY2023.
Therefore, a one-time transfer from the Fire Impact Fee reserves is being requested to cover the cost of the two Tenders and one Engine.
RECOMMENDATION
Request Board approve transfer of $1,061,000 from the Fire Impact Fee reserves to the capital budget.
FISCAL IMPACT
Funding is available for transfer in the Fire Impact Fee fund.
CONTACT INFORMATION
Hezedean Smith
hezedeansmith@polk-county.net <mailto:hezedeansmith@polk-county.net>
863-534-