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Agenda 01/26/2021 Item #16J 1 (Budget Amendment carryforward for Confiscated Trust Fund FY2021)01/26/2021 EXECUTIVE SUMMARY Recommendation to authorize execution of the budget amendment for $450,000 to recognize carryforward for Fund (602) Confiscated Trust Fund into FY2021 budget. OBJECTIVE: To authorize execution of the budget amendment for $450,000 for carryforward funds for Fund (602) Confiscated Trust Fund. CONSIDERATIONS: Revenue in the amount $450,000 was received at the end of FY2020 that was intended for FY2021. The Collier County Sheriff's Office needs to add carryforward funds into the current FY2021 Fund (602) Confiscated Trust Fund budget. FISCAL IMPACT: A budget amendment for $450,000 is needed to recognize Carryforward and increase Expenses to be able to use Fund (602) Confiscated Trust Fund. The source of funding is from revenue received in FY2020. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this request. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues, and requires majority vote for approval. -JAK RECOMMENDATION: That the Board of County Commissioners authorize execution of the budget amendment for the carryforward funds under Fund (602) Confiscated Trust Fund. PREPARED BY: Stephanie Driscoll, Finance Director APPROVED BY: Kevin Rambosk, Sheriff DATE: January 26, 2021 16.J.1 Packet Pg. 843 01/26/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.J.1 Doc ID: 14699 Item Summary: Recommendation to authorize execution of the budget amendment for $450,000 to recognize carryforward for Fund (602) Confiscated Trust Fund into FY2021 budget. Meeting Date: 01/26/2021 Prepared by: Title: Executive Secretary to County Manager – County Manager's Office Name: MaryJo Brock 01/11/2021 10:21 AM Submitted by: Title: Executive Secretary to County Manager – County Manager's Office Name: MaryJo Brock 01/11/2021 10:21 AM Approved By: Review: Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 01/11/2021 10:52 AM Office of Management and Budget Laura Wells Additional Reviewer Completed 01/12/2021 9:25 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 01/12/2021 3:38 PM Office of Management and Budget Susan Usher Additional Reviewer Completed 01/19/2021 9:32 AM County Manager's Office Dan Rodriguez Level 4 County Manager Review Completed 01/19/2021 12:07 PM Board of County Commissioners MaryJo Brock Meeting Pending 01/26/2021 9:00 AM 16.J.1 Packet Pg. 844