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HomeMy WebLinkAboutR23-060 3rd Supplementary Budget Fiscal Year 2023 DocuSign Envelope ID:758BAB3E-58C1-47D0-96BC-A5EA98D8FEC6 Commissioner McQueeney moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2023 - 060 RESOLUTION ADOPTING A 3rd SUPPLEMENTARY BUDGET AND APPROPRIATION OF UNANTICIPATED REVENUES FOR FISCAL YEAR 2023,AND AUTHORIZING THE TRANSFER OF BUDGETED AND APPROPRIATED MONIES BETWEEN VARIOUS SPENDING AGENCIES WHEREAS,the County from time to time receives certain unanticipated revenues that were not anticipated at the time of the adoption of the 2023 budget and/or such revenues were not assured at the time of the adoption of the 2023 budget and therefore were not appropriated; and WHEREAS,the County has determined that there is an availability of unappropriated fund balances to adequately cover certain new appropriations; and WHEREAS, in view of the needs of the various offices, departments,boards, commissions, and other spending agencies, it is also necessary to transfer certain previously budgeted and appropriated monies or to authorize the expenditure of such unanticipated or unassured revenues or unappropriated fund balances; and WHEREAS, the Board has the authority to expend such unanticipated or unassured revenues by enacting a supplementary budget and appropriation, and to transfer budgeted and appropriated revenues from one county fund to another county fund, pursuant to C.R.S. 29-1-109 and C.R.S. 29-1-111; and WHEREAS, Eagle County's Finance Department has determined that such budget appropriations are in compliance with the provisions of the Colorado Constitution, Article X, Section 20, also known as "Amendment One: The Taxpayer's Bill of Rights"; and WHEREAS, notice of this proposed supplementary budget has been published in a newspaper having general circulation within the territorial limits of the County of Eagle, State of Colorado, as required by the terms of C.R.S. 29-1-106. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the Board hereby authorizes a supplementary budget and appropriation of unanticipated revenues,unassured funds, transfers, and utilization of fund balance as described in Exhibit A attached hereto and incorporated herein by this reference. DocuSign Envelope ID:758BAB3E-58C1-47D0-96BC-A5EA98D8FEC6 THAT, the Treasurer of the County of Eagle is hereby requested and directed to take all action necessary to effectuate the intent of this Resolution. THAT, the Eagle County Budget Officer is hereby requested and directed to immediately transmit an original or certified copy of this Resolution to the affected spending agencies and the officer or employee of the County of Eagle whose duty it is to draw warrants or orders for the payment of money. THAT, the Eagle County Budget Officer is hereby further requested and directed to file an original or certified copy of this Resolution with the Division of Local Governments in the Department of Local Affairs. THAT,this resolution is necessary for the public health, safety and welfare of the citizens of Eagle County, Colorado. [Remainder of page left intentionally blank] 2 DocuSign Envelope ID:758BAB3E-58C1-47D0-96BC-A5EA98D8FEC6 MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle,State of Colorado,at its regular meeting held the 12th day of September 2023. ,-- DocuSigned by: ,,,,, COUNTY OF EAGLE, STATE OF 43(1 %. COLORADO, By and Through Its cctoa.° BOARD OF COUNTY COMMISSIONERS ATTEST: DocuSigned by: DocuSigned by: [ rL (196440 By: r9 a talsl t r—FzasayCiaau ocnc01170004403 Clerk to the Board of Kathy Chandler-Henry County Commissioners CouEnty Commissioners Chair DocuSigned by: ,,?..., (.A4A(.12bttlAA47A. Jeanne McQueeney Commissioner EDooc}+u,Signne'd�by,:yy/�"""�1 Jam^, 81E/B2D718E0473 Matt Scherr Commissioner Commissioner scherr seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Chandler-Henry Aye Commissioner McQueeney Aye Commissioner Scherr Aye This resolution passed by 3/0 vote of the Board of County Commissioners of the County of Eagle, State of Colorado 3 3rd Supplemental to the 2023 Budget CIO To: Board of County Commissioners, Elected Officials, County Manager, and Department Heads From: Finance Department Date: 9/19/2023 EAGLE COUNTY Finance Re: 3rd Supplemental to the 2023 Adopted Budget Included in this memo are the following items: -A summary of the revenues and expenditures included in this supplemental request by fund.(Bottom of this page) - New Request Summary.This sheet is a summary of all new program and project requests.(Pages 2-3) -Summary of Personnel Changes.This sheet provides details of staffing changes approved in previous supplementals and recommendations of the Full Time Equivalent committee for approval by the BoCC in this request.(Page 4) - Fund Balance/Net Position Summary. The purpose of this sheet to give a high level update of projected 2023 fund balance/net position for all Eagle County funds, including the impacts of the 2023 adopted budget and all budget amendments on fund balance/net position. (Page 5) - Project Description. This sheet provides details of each program or project request.(Pages 6-8) Following is a summary of the 3rd Supplemental to the 2023 Adopted Budget: Fund# Fund Name Revenues Expenditures 1001 -General Fund $ 2,271,627 $ 2,884,612 1100- Road and Bridge $ - $ 300,000 1110- Human Services $ 240,495 $ - 1151 - ECO Transit $ 200,000 $ 6,071,222 1152-ECO Trails $ 10,000 $ - 1160-Airport $ 1,662,177 $ 1,004,232 1200- Public Health $ 84,047 $ 4,322 1220- Lodging Tax $ - $ 425,000 1401 - Housing Operations $ 52,000 $ 52,000 1442-Open Space $ 120,000 $ - 2150-Capital Improvements $ 460,000 $ 115,000 3600- Landfill $ - $ 17,867 3650 -Eagle County Air Terminal Corp $ 600,000 $ 55,000 3700- Fleet $ 189,000 $ 589,000 3730-Property and Casualty Insurance $ 200,000 $ 200,000 3790- Health Insurance $ - $ 1,540,000 3900- E911 Authority $ 10,000 $ - Total $ 6,099,346 $ 13,258,255 Coversheet Page 1 3rd Supplemental to the 2023 Budget ,, Deep ttt,Name . Project/RequestName `'; 1001 -General Fund Admin Castle Peak Senior Care Investment $ - $ 750,000 DEI Training $ - $ 16,300 Attorney Legal Fees $ - $ 75,000 Clerk&Recorder Clerk Software Updates $ 208,000 $ - Election Security Improvements and Supplies $ 21,627 $ 20,162 County Board of Equalization CBOE Software Fixes $ - $ 17,500 Eagle County Sheriffs Office Inmate Medical Needs $ - $ 300,000 Facilities Building Materials $ - $ 20,000 Grounds Repair $ - $ 10,000 Training $ - $ 8,000 Finance Insurance Costs $ - $ 200,000 Northwest Loan Fund $ 1,392,000 $ 1,392,000 Short Term Rental Nexus Study $ - $ 25,000 IT Ancillary Website Accessibility Audits $ - $ 50,650 Treasurer Investment Earnings $ 650,000 $ - 1001-General Fund Total $ 2,271627 $ 2,884,612 1100-Road and Bridge Road&Bridge Daggett Lane Bridge $ - $ 300,000 1100-Road and Bridge Total • $ - • $ '300,000 1110-Human Services Human Services Child Welfare $ 50,000 $ - Early Head Start $ 90,495 $ - Social Services Administration Revenue $ 50,000 $ - State Fraud Incentives $ 50,000 $ - 1110-Human Services Total $ 240,495 $ - 1151 -ECO Transit ECO Transit Bus Engine Rebuilds $ - $ 189,000 1 Bus GPS System $ - $ 200,222 Purchase of Seven Hybrid Buses $ - $ 5,500,000 Purchase of Two Gillig Buses $ - $ 62,000 SUVs for Operations $ - $ 120,000 Treasurer Investment Earnings $ 200,000 $ - 1151-ECO Transit Total $ 200,000 $ 6,071,222 1152-ECO Trails Treasurer Investment Earnings $ 10,000 $ - 1152-ECO Trails Total $ 10,060 •$ - 1160-Airport Airport 3.0 FTE $ - $ 51,645 Airport Approach Procedures $ - $ 350,000 Airport Improvement Project 69-Taxiway B $ (1,038,889) $ (1,277,777) Airport Improvement Project 70-Taxiway A $ 2,701,066 $ 1,560,364 De-ice Pad Repairs and Maintenance $ - $ 15,000 FIS Building Design $ - $ 250,000 Parking Infrastructure Upgrades $ - $ 55,000 1160-Airport Total • $ 1,662,177 $ 1,004,232 1200-Public Health Public Health and COVID19 ELC2.1 Funding $ 80,000 $ 275 Environment Nutritional Services Incentive Program(NSIP) $ 4,047 $ 4,047 1200-Public Health Total $ 84,047 $ 4,322 1220-Lodging Tax Human Services Early Childhood Professionals Stipends $ - $ 425,000 1220-Lodging Tax Total • $ - $ 425,000 1401-Housing Operations Housing Homeless Services $ 52,000 $ 52,000 1401-Housing Operations Total $ 52,000 $ 52,000 1442-Open Space Treasurer Investment Earnings $ 120,000 $ - 1442-Open Space Total '$ 120,00,0 $ - • 2150-Capital Improvements Facilities El Jebel Restrooms Remodel $ - $ 65,000 Exhibit Hall Electrical Upgrades $ - $ 50,000 • Treasurer Investment Earnings $ 460,000 $ - 2150-Capital Improvements Total $ 460,000 $ 115,000 3600-Landfill Household Hazardous Waste Hazardous Waste Disposal $ - $ 17,867 3600-Landfill Total $ ".$ 17,867 Request Summary Page 2 3rd Supplemental to the 2023 Budget Fund Name Department Name Project/Request Name Total Revenue Total Expenses 3650 -Eagle County Air Terminal Corp ECAT Increased Janitorial Expenses $ - $ 55,000 Treasurer Investment Earnings $ 600,000 $ - 3650 -Eagle County Air Terminal Corp $ 600,000 $ 55,000 Total 3700-Fleet Fleet Services Bus Engine Rebuilds $ 189,000 $ 189,000 New Vehicles for Sheriffs Office $ - $ 400,000 3700-Fleet Total $ 189,000 $ 589,000 3730-Property and Casualty Insurance Finance Insurance Costs $ 200,000 $ 200,000 3730-Property and Casualty Insurance $ 200,000 $ 200,000 Total 3790-Health Insurance Health Insurance Health Insurance Claims $ - $ 1,540,000 3790-Health Insurance Total $ - $ 1,540,000 3900-E911 Authority Treasurer Investment Earnings $ 10,000 $ - 3900-E911 Authority Total $ 10,000 $ - Grand Total $ 6,099,346 $ 13,258,255 Request Summary Page 3 3rd Supplemental to the 2023 Budget i4i.,,4 .. -> . -.: ;f0AL A '.�`.`1 .• FY.war,a: ... :: v 7,7 2021 Adopted 2022 Adopted 2023 Adopted 2023 Budget 2023 Additional Fund Budget Budget Budget Amendments Cost 1001-General Fund 244.50 262.4 271.7 3.7 $ 178,260 1004-Public Trustee Fund 1.55 1.6 1.6 0.0 $ - 1100-Road and Bridge 22.00 22 21.9 0.6 $ 34,241 1110-Human Services 60.55 65.1 68.7 1.0 $ 50,242 1151-ECO Transit 65.02 73.9 73.9 2.0 $ 223,433 1152-ECO Trails 2.10 2.1 2.1 0.0 $ - 1160-Airport 23.69 30.7 32.7 3.0 $ 51,645 1180-800 MHz 1.00 2 2 0.0 $ - 1200-Public Health 43.20 51 44.1 0.0 $ - 1401-Housing Operations 12.50 12 9 0.0 $ - 3660-The Valley Home Store 2.00 4 4 0.0 $ - 1442-Open Space 3.65 4.7 4.4 0.2 $ - 3600-Landfill 12.85 12.9 13.5 0.0 $ - 3700-Fleet 16.00 16 17 2.0 $ 33,969 Total Full Time Equivalent 510.6 560.4 566.6 12.5 S 571,790 Growth 21.01 49.8 6.20 12.5 Growth% 4.31% 9.75% 1.11% 2.21% 2023 Additional Fund Total FTE Position Change&Description Annualized Cost Cost Funding Mechanism 1151-ECO Transit 1.00 Operations Supervisor $ 125,517 $ 87,776 In 1st supplemental request 1151-ECO Transit 1.00 Interim Director of Transit Operations $ 194,103 $ 135,657 In 1st supplemental request 1001-General Fund 1.00 Recording Technician $ 87,406 $ 57,890 In 1st supplemental request 1001-General Fund 0.20 Vegetation Stewardship Technician $ 17,105 $ - 2023 Salary Savings 1442-Open Space 0.20 Vegetation Stewardship Technician $ 17,105 $ - 2023 Salary Savings 1100-Road and Bridge 0.60 Equipment Operator $ 48,919 $ 34,241 In 1st supplemental request 1001-General Fund 1.00 Building Inspector $ 110,373 $ 55,187 2023 Salary Savings 1110-Human Services 1.00 Caseworker $ 100,484 $ 50,242 2023 Salary Savings 1001-General Fund 0.50 Deputy Coroner $ 44,318 $ 23,864 In 2nd supplemental request 3700-Fleet 1.00 Mechanic II $ 105,620 $ 17,603 2023 Salary Savings 3700-Fleet 1.00 Transit Service Writer $ 98,192 $ 16,365 2023 Salary Savings 1160-Airport 1.00 Electrician $ 113,679 $ 18,947 In 3rd supplemental request 1160-Airport 2.00 Customer Serice Ambassador $ 196,190 $ 32,698 In 3rd supplemental request 1001-General Fund 1.00 Assistant County Attorney $ 141,668 $ 41,320 2023 General Fund Salary Savings Total $ 1,400,679 $ 571,790 1 Summary of Personnel Changes Page 4 3rd Supplemental to the 2023 Budget 3rd Supplemental Requests Updated Audited Updated Projected Projected 12/31/22 Fund Amended 12/31/23 Fund 12/31/23 Fund Balance/Net Budget Net Balance/Net Updated 2023 Balance/Net Position Revenue Position Revenue Expenses Net Revenue Position 1001-General Fund $ 47,257,728 $ (4,987,476) $ 42,270,252 $ 2,271,627 $ 2,884,612 $ (5,600,461) $ 41,657,267 1004-Public Trustee Fund $ 114,208 $ (2,439) $ 111,769 $ - $ - $ (2,439) $ 111,769 1100-Road and Bridge $ 10,360,662 $ (627,572) $ 9,733,090 $ - $ 300,000 $ (927,572) $ 9,433,090 1110-Human Services $ 5,802,873 $ (1,446,107) $ 4,356,766 $ 240,495 $ - $ (1,205,612) $ 4,597,261 1140-Offsite Road Improvements $ 1,968,260 $ (562,350) $ 1,405,910 $ - $ - $ (562,350) $ 1,405,910 1151-ECO Transit $ 23,990,585 $ (1,466,480) $ 22,524,105 $ 200,000 $ 6,071,222 $ (7,337,702) $ 16,652,883 1152-ECO Trails $ 2,485,628 $ (589,599) $ 1,896,029 $ 10,000 $ - $ (579,599) $ 1,906,029 1160-Airport $ 18,104,804 $ (3,036,563) $ 15,068,241 $ 1,662,177 $ 1,004,232 $ (2,378,618) $ 15,726,186 1170-Conservation Trust $ 388,367 $ (65,700) $ 322,667 $ - $ - $ (65,700) $ 322,667 1180-800 MHz $ 1,993,511 $ (28,051) $ 1,965,460 $ - $ - $ (28,051) $ 1,965,460 1191-Emergency Reserve(TABOR) $ 2,747,427 $ - $ 2,747,427 $ - $ - $ - $ 2,747,427 1200-Public Health $ 4,501,769 $ (1,596,360) $ 2,905,409 $ 84,047 $ 4,322 $ (1,516,635) $ 2,985,134 1210-Mental Health $ 462,153 $ (244,360) $ 217,793 $ - $ - $ (244,360) $ 217,793 1220-Lodging Tax $ - $ 2,669,595 $ 2,669,595 $ - $ 425,000 $ 2,244,595 $ 2,244,595 1400-Housing Loans $ 400,979 $ (200,000) $ 200,979 $ - $ - $ (200,000) $ 200,979 1401-Housing Operations $ 4,187,070 $ (1,727,074) $ 2,459,996 $ 52,000 $ 52,000 $ (1,727,074) $ 2,459,996 1410-Workforce Housing Rentals $ 90,187 $ 19,531 $ 109,718 $ - $ - $ 19,531 $ 109,718 1442-Open Space $ 18,075,973 $ 2,550,963 $ 20,626,936 $ 120,000 $ - $ 2,670,963 $ 20,746,936 2150-Capital Improvements $ 41,450,621 $ (11,837,058) $ 29,613,563 $ 460,000 $ 115,000 $ (11,492,058) $ 29,958,563 3600-Landfill $ 17,510,642 $ (272,717) $ 17,237,925 $ - $ 17,867 $ (290,584) $ 17,220,058 3650 -Eagle County Air Terminal Corp $ 28,045,963 $ 417,675 $ 28,463,638 $ 600,000 $ 55,000 $ 962,675 $ 29,008,638 3660-The Valley Home Store $ 383,896 $ 145,951 $ 529,847 $ - $ - $ 145,951 $ 529,847 3670-Eagle County Housing and Development $ 72,735,040 $ (27,201,019) $ 45,534,021 $ - $ - $ (27,201,019) $ 45,534,021 3690-Seniors on Broadway II $ - $ 309,194 $ 309,194 $ - $ - $ 309,194 $ 309,194 3700-Fleet $ 18,850,477 $ (1,094,974) $ 17,755,503 $ 189,000 $ 589,000 $ (1,494,974) $ 17,355,503 3730-Property and Casualty Insurance $ 186,139 $ 3,349 $ 189,488 $ 200,000 $ 200,000 $ 3,349 $ 189,488 3790-Health Insurance $ 4,726,132 $ (1,787,920) $ 2,938,212 $ - $ 1,540,000 $ (3,327,920) $ 1,398,212 3900-E911 Authority $ 1,220,516 $ 32,484 $ 1,253,000 $ 10,000 $ - $ 42,484 $ 1,263,000 3990-Golden Eagle $ 207,948 $ (19,995) $ 187,953 $ - $ - $ (19,995) $ 187,953 Total $328,249,558 $ (52,645,072) $275,604,486 $ 6,099,346 $ 13,258,255 $ (59,803,981) $268,445,577 Fund Balance/Net Position Page 5 3rd Supplemental to the 2023 Budget Project/Request Name Project/Request Brief Descrtptio r, ; 3.0 FTE Estimated 2023 cost for adding 2 Customer Service Ambassadors and 1 Electrician to the Airport. Airport Approach Procedures The Airport Approach Procedures project was approved in 2022 but missed when carry forwards were submitted in 2023. A consultant will be contracted with to draft the procedures. Airport Improvement Project 69-Taxiway B This is to adjust the budget for approved FAA funding for the Taxiway B project.This project will not be started in 2023 due to the delay in funds,this will be carried forward into 2024. Airport Improvement Project 70-Taxiway A This is to budget for approved FM funding for the Taxiway A project. Ancillary Website Accessibility Audits Additional Eagle County websites in need of Accessibility Audits for compliance with HB 21-1110: Flyvail.com, Ecemergency.org, eaglecountyfairandrodeo.com, housingeaglecounty.com,and valleyhomestore.org. Building Materials The facilities building material budget needs to be increased for the remainder of the year to purchase materials and replacement parts for maintenance orders. Bus Engine Rebuilds Three ECO bus engines needed to be repaired by a contracted mechanic.This was not budgeted for. Bus GPS System ECO Transit is going to work with Clever Devices for their bus GPS system.This includes set up, maintenance,security and support. Castle Peak Senior Care Investment Eagle County will make an investment to support the workforce shortage at Castle Peak Senior Care(CPSC). Cassia,the CPSC owner and manager, has been subsidizing the project and has requested support from Eagle County and other partners.70%of the residents are using government payment sources(Medicaid and Medicare) which has not been keeping up with inflationary trends. CBOE Software Fixes County Board of Equalization(CBOE)property appeal software corrections. Child Welfare The State of Colorado allocated surplus funds to Eagle County for the Child Welfare program. Clerk Software Updates Electronic Recording Technology Board grant to reimburse Clerk& Recorder for software maintenance and improvements. COVID19 ELC2.1 Funding Public Health received a new source of funding for COVID19 work through the Epidemiology and Laboratory Capacity for Prevention and Control(ELC)2.1 grant.This funding will be used for personnel and phone services that support disease surveillance, community education, disease control and testing activities. Daggett Lane Bridge Bridge replacement on Daggett Lane, Gypsum CO.The original approved budget was for$250,000 but the new cost will be$550,000. The orginal budget was a placeholder and bids came in higher. De-ice Pad Repairs and Maintenance The Airport needs to repair a section of the de-ice pad that is no longer level.This has created a safety hazard for our snow plow operators. DEI Training Eagle County contracted with the Kaleidoscope Group to offer training regarding diversity,equity and inclusion.The original agreement and approved budget did not include travel expenses for the trainers. We would like to amend the contract to include travel expenses. Project Description Page 6 3rd Supplemental to the 2023 Budget Project/Request Name Project/Request Brief Description Early Childhood Professionals Stipends Early childhood professional development and housing stipends will be distributed using lodging tax revenue.The goal of the stipends is to recruit and retain early childhood educators,while assuring that the early childhood workforce is prepared, highly trained and participating in ongoing professional development. Early Head Start Additional revenue passed through to Early Head Start center teachers from the State for cost of living adjustments.The expense was already budgeted for. El Jebel Restrooms Remodel El Jebel restroom countertop replacement in 13 bathrooms, including upgraded fixtures. Election Security Improvements and Supplies Elections has been awarded two grants to reimburse a portion of costs related to implementing security improvements required by Senate Bill 22-153 and to purchase new printers and ADA ballot marking devices for election centers. Elections would like to purchase reusable secrecy sleeves to accommodate large ballots for the state mandated new uniform ballot,triplicate forms for security and tracking of equipment and ballot transport, ballot transport cases and a secure ballot cage. Exhibit Hall Electrical Upgrades Electrical upgrades required for the Exhibit Hall HVAC electrification project.The original budget did not take these extra expenses into consideration. FIS Building Design The cost for the Federal Inspections Services(FIS)center design has continued to grow, partially because of the decision to build fully electrified. The Airport is requesting additional funds to keep the project moving forward. Grounds Repair Tree pruning and removal of high risk trees on several Eagle County properties. Hazardous Waste Disposal Hazardous Waste Disposal Costs from 2022 billed by vendor in 2023. These were not accounted for in the 2023 budget. Health Insurance Claims Year-to-date,the health insurance plan costs exceed budget by$859K, projected costs through year end exceed the 2023 budget by$1.54M. It is expected that costs in early November will reach the annual total budget,at which point(or before)additional funds will be required to cover costs. Homeless Services Homeless Services received a grant for continued street outreach through end of 2023. Funds not spent can be used in 2024. Increased Janitorial Expenses The 2023 contract with Service Master was increased to offer employee incentives to encourage employee retentjon. Inmate Medical Needs Several inmates this year have needed expensive prescription medicine. More funding is needed to provide necessary medications and medical services to the inmates for the remainder of the year. Insurance Costs Given the volatile property and casualty markets,additional funds are required to be transferred to the property&casualty insurance fund. It is projected that an additional$200,000 will be needed for current year claims. Investment Earnings Revenue received from interest on investments has outpaced the 2023 budget due to high interest rates and the Treasurers due diligence. Legal Fees Ongoing litigation in tax and railroad matters. Project Description Page 7 3rd Supplemental to the 2023 Budget Project/Request Name Project/Request Bra •x;" New Vehicles for Sheriffs Office Purchase of 5 new vehicles plus added equipment for the Eagle County Sheriff Office. Northwest Loan Fund The Northwest Loan Fund is amending their current contract with Community Block Development Grant Program(CDBG)to allow for additional funds of$1.2M for business assistance loans and $192k for administration.This funding is passed through Eagle County Government. Nutritional Services Incentive Program(NSIP) The Public Health Healthy Agingdepartment received additional funds for NSIP(Nutritional Services Incentive Program).These funds will be used to provide meals to seniors in the community. Parking Infrastructure Upgrades The Airport went under contract with a new parking management company in 2023. One of our goals was to have a more efficient and fair ground transportation model for the companies that operate at EGE. We would like to move back to charging"trip charges" rather than the flat rate we currently use. In order to do this we will need to upgrade the technology that is onsite to read vehicles. Purchase of Seven Hybrid Buses ECO Transit would like to purchase five Gillig hybrid buses to add to its existing fleet to improve service for winter seasons. Each bus will cost $1.1 Million. By adding this request to the budget,a purchase agreement can be initiated with the vendor.The buses will not be received this year. Purchase of Two Gillig Buses ECO Transit purchased two used Gillig buses from the Beaver Creek transit department.These two buses will be branded for ECO and will be able to go into circulation before the winter season. Short Term Rental Nexus Study The short term rental nexus study was approved in 2022 but the work continued into 2023.This was missed in the carry forward earlier this year and we would like to add this to the 2023 budget. Social Services Administration Revenue The State of Colorado passed through additional revenue to support Social Services administration. State Fraud Incentives Additional revenue received from the State of Colorado for fraud incentives based on recoveries collected by Human Services on cases involving the misuse of funds(welfare benefits). SUVs for Operations Fleet received and paid for 3 new Ford Escape SUVs that ECO Transit will allocate to the ECO Transit fund use for Transit Operations. Training Additional funding needed for Building Operator Certifications level I and II, International Facilities Management Association(IFMA) Workshops and the Footing Academy training. Project Description Page 8