Agenda 02/23/2016 Item #16D 3 2/23/2016 16.D.3.
EXECUTIVE SUMMARY
Recommendation to recognize interest earnings from State Aid to Libraries Grants and approve a
budget amendment in the amount of$309.25.
OBJECTIVE: To recognize interest earned on advanced library funding received from the Florida
Department of State in order to support library services and equipment for the use of Collier County
residents.
CONSIDERATIONS: Each year the Collier County Public Library is awarded funds through the State
Aid to Library Grants. The most recent grant was approved by the Board on April 14, 2015 — Agenda
item 16D1. These grants require the CCPL to provide the public with free library services, including
loaning library materials and providing reference and information services. Funds are advanced and
therefore accrue interest. The State allows for the rollover of unexpended funds until the funds are fully
exhausted. Interest earnings may be used at the discretion of the County and are reinvested back into the
County's Library System. The Board last approved recognizing interest earned on November 10 2015 —
Agenda item 16D3. Interest earned through December 31, 2015 requires recognition of interest earnings
in the amount of$309.25. Staff is seeking Board approval to appropriate this interest earned in order to
expend the funds in support of library operations and capital improvements.
FISCAL IMPACT: Budget amendments are required to recognize an amount of $309.25 for interest
earned within the Public Services Grant Match Fund 710,Project 33360.
GROWTH MANAGEMENT IMPACT: None.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to
form and legality,and requires majority vote for approval. -JAK
RECOMMENDATION: That the Board of County Commissioners approves the necessary budget
amendments to appropriate carryforward interest earnings in the amount of$309.25.
Prepared by: Tanya Williams,Assistant Library Director
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2/23/2016 16.D.3.
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.16.D.16.D.3.
Item Summary: Recommendation to recognize interest earnings from State Aid to Library
Grants and approve a budget amendment in the amount of$309.25.
Meeting Date: 2/23/2016
Prepared By
Name: TibbettsKaren
Title: Administrative Assistant,Library
1/25/2016 3:34:04 PM
Submitted by
Title:Assistant Division Director-Library,Library
Name: WilliamsTanya
1/25/2016 3:34:05 PM
Approved By
Name: WilliamsTanya
Title: Assistant Division Director-Library,Library
Date: 1/25/2016 4:29:22 PM
Name: TownsendAmanda
Title: Division Director-Operations Support,Public Services Department
Date: 2/1/2016 9:47:51 AM
Name:AlonsoHailey
Title: Operations Analyst,Public Services Department
Date: 2/3/2016 10:42:56 AM
Name:AlonsoHailey
Title: Operations Analyst,Public Services Department
Date: 2/3/2016 10:43:15 AM
Name: KocinValerie
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2/23/2016 16.D.3.
Title: Division Director-Library,Library
Date: 2/9/2016 10:10:05 AM
Name: Joshua Thomas
Title: Grants Support Specialist, Grants Management Office
Date:2/9/2016 11:06:00 AM
Name: CarnellSteve
Title:Department Head-Public Services,Public Services Department
Date: 2/9/2016 11:43:54 AM
Name: KlatzkowJeff
Title: County Attorney,
Date: 2/10/2016 11:51:04 AM
Name: StanleyTherese
Title:Manager-Grants Compliance, Grants Management Office
Date: 2/12/2016 4:36:08 PM
Name: CasalanguidaNick
Title: Deputy County Manager,County Managers Office
Date: 2/14/2016 1:26:55 PM
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