Agenda - 12-14-2010 - 7b - Laserfiche WebLink

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The Health Department has received additional Medicaid Maximization Cost Settlement funds totaling $576,068 above the amount currently budgeted. Medicaid Maximization Budget Amendment #5-B provides for the receipt of these revenues and amends the current Medicaid Maximization Capital Project Ordinance as follows: Revenues for this project: FY 2010-11 Current Bud et FY 2010-11 Amendment FY 2010-11 Revised Medicaid Maximization funds $1,816,093 $576,068 $2,392,161 Total Project Fundin $1,816,093 $576,068 $2,392,161 Appropriated for this project: FY 2010-11 Current Bud et FY 2010-11 Amendment FY 2010-11 Revised IT E ui ment $5,000 $0 $5,000 E ui ment $169,988 $0 $169,988 Furnishin s $50,000 $0 $50,000 General Renovations $1,591,105 $576,068 $2,167,173 Total Costs $1,816,093 $576,068 $2,392,161 The total Medicaid Maximization budget will be $2,392,161 after the budget amendment with $359,465 expended since the inception of the project. This leaves a balance of $2,032,696 available for this and other projects in the future. The Dental Capital Equipment Project was authorized and funded by the Board in the 2010- 2011 budget deliberations at $100,000 to replace broken and aging equipment. These funds will be used for equipment as part of the facility renovations. Available Resources: Medicaid Maximization Capital Project $2, 032,696 Dental Capital Equipment Capital Project 100,000 Total $2,132,696 Estimated Project Costs $1,470,000 Estimate of Medicaid Maximization Funds balance after completion $ 662,69 Adequate funding is available for the project within the Medicaid Maximization Capital Project and the Dental Equipment Capital Project which are funded in the County Capital Project Fund. RECOMMENDATION(S): The Manager recommends that the Board: 1.) Approve the scope and design of the project as presented; 2.) Authorize bids to be solicited; 3.) Approve the $576,068 Budget Amendment # 5-B for the Medicaid Maximization Capital Project;