Agenda 06/25/2019 Item #16D13 (Advanced Livrary Finding Received from FDOS)06/25/2019
EXECUTIVE SUMMARY
Recommendation to recognize interest earned from the period January 2019 through March 2019
on advanced library funding received from the Florida Department of State to support library
services and equipment for the use of Collier County residents in the amount of $2,474.95.
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 (CCPL) is awarded funds through
the State Aid to Library Grants. The most recent grant was approved by the Board of County
Commissioners (Board) on April 9, 2019 (Agenda Item #16D5). 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. Interest earned through March 31, 2019 requires
recognition of interest earnings in the amount of $2,474.95. Staff is seeking Board approval to appropriate
this interest earned towards expenditures in support of library e-books.
FISCAL IMPACT: A Budget Amendment is required to recognize a total of $2,474.95 for accrued
interest within Public Services Match Fund (710), Project 33360.
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact.
LEGAL CONSIDERATIONS: This Item has been reviewed by the County Attorney, raises no legal
issues, and requires majority vote for approval. -JAK
RECOMMENDATION: To authorize the necessary Budget Amendment to appropriate interest earnings
in the amount of $2,474.95.
Prepared By: Tanya Williams, Director, Library Division
ATTACHMENT(S)
1. January 2019 - March 2019 Summary (XLSX)
16.D.13
Packet Pg. 2069
06/25/2019
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.13
Doc ID: 9163
Item Summary: Recommendation to recognize interest earned from the period January 2019
through March 2019 on advanced library funding received from the Florida Department of State to
support library services and equipment for the use of Collier County residents in the amount of $2,474.95.
Meeting Date: 06/25/2019
Prepared by:
Title: Administrative Assistant – Library
Name: Karen Tibbetts
05/30/2019 11:39 AM
Submitted by:
Title: Assistant Division Director - Library – Library
Name: Tanya Williams
05/30/2019 11:39 AM
Approved By:
Review:
Library Tanya Williams Additional Reviewer Completed 05/30/2019 11:50 AM
Public Services Department Kimberley Grant Level 1 Reviewer Completed 05/30/2019 12:49 PM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 05/31/2019 3:52 PM
Grants Therese Stanley Level 2 Grants Review Completed 06/01/2019 9:05 AM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 06/04/2019 8:42 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/04/2019 11:14 AM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 06/10/2019 1:54 PM
Budget and Management Office Ed Finn Additional Reviewer Completed 06/14/2019 8:24 PM
Grants Therese Stanley Additional Reviewer Completed 06/17/2019 9:27 AM
County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 06/17/2019 3:59 PM
Board of County Commissioners MaryJo Brock Meeting Pending 06/25/2019 9:00 AM
16.D.13
Packet Pg. 2070
January 2019 - March 2019
Interest Earned
State Aid Grant #15-ST-08 16-ST-08 17-ST-08 18-ST-08
Fund 709, Program #33376 33440 33488 33564 TOTAL
Jan-19 1.32 154.13 272.50 292.54 720.49
Feb-19 1.38 159.04 286.88 307.98 755.28
Mar-19 1.16 183.37 392.89 421.76 999.18
3.86 496.54 952.27 1,022.28 2,474.95 -
16.D.13.b
Packet Pg. 2071 Attachment: January 2019 - March 2019 Summary (9163 : Recognize interest earned from State Aid to Libraries Grant Q2 FY2019)