Broward County Commission Regular Meeting

MOTION TO FILE annual financial summary for the Park, Open Space and Recreational Trust Fund for the 12 months ending September 30, 2016.

ACTION:  (T-10:26 AM)  Approved.

VOTE:  8-0.  Vice Mayor Furr was not present.

In accordance with the Broward County Administrative Code, Chapter 22, Part IV, Section 22.24, a semiannual financial summary shall be prepared and filed by the Accounting Division with the Board of County Commissioners for the Park, Open Space and Recreational Trust Fund.

Compliance with the Broward County Administrative Code, Chapter 22, Part IV, Section 22.24.

None.

THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE ACCOUNTING DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.

In accordance with the Broward County Administrative Code, Chapter 22, Part IV, Section 22.24, a semiannual financial summary shall be prepared and filed with the Board of County Commissioners for the Park, Open Space and Recreational Trust Fund.

The Park, Open Space and Recreational Trust Fund Summary of Revenues, Expenditures, and Changes in Fund Balance for the Twelve Months Ended September 30, 2016, includes the line item "Transfer to Other County Funds, totaling $1,713,530." The funds were transferred to the General Capital Outlay Fund and were allocated for projects at Everglades Holiday Park, including expanding and improving parking and boat docks, and for the design of a water line to extend public utilities to the park. Use of the funds for these projects is a permissible use of the trust funds, as these projects were needed to accommodate additional patrons in the park, consistent with park impact fee requirements.

Susan Friend, Director, Accounting Division, (954) 357-7140
Dan West, Director, Parks and Recreation Division, (954) 357-8100