Agenda 09/14/2021 Item #16D10 (Budget Amendmeent for interest earned for the period of January through March 2021)09/14/2021
EXECUTIVE SUMMARY
Recommendation to authorize a Budget Amendment to recognize interest earned for the period
January through March 2021 on advanced library funding received from the Florida Department
of State to support library services and equipment for the use of Collier County residents and
auction proceeds.
OBJECTIVE: To recognize interest earned on advanced library funding received from the Florida
Department of State and auction proceeds.
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 June 8, 2021 (Agenda Item #16D3). These grants require the CCPL to provide
the public with free library services, including loaning library materials, 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 and proceeds from surplus online
auctions through March 2021 requires recognition in the amount of $266.73. Staff is seeking Board
approval to appropriate this interest earned and auction proceeds towards expenditures in support of
library services and equipment.
FISCAL IMPACT: A Budget Amendment is required to recognize a total of $263.09 from accrued
interest and $3.64 from surplus auction proceeds within Public Services Match Fund (710), Project
33360.
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact.
LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote
for Board action. - JAB
RECOMMENDATION: To authorize a Budget Amendment to recognize interest earned for the period
January through March 2021 on advanced library funding received from the Florida Department of State
to support library services and equipment for the use of Collier County residents and auction proceeds.
(Net Fiscal Impact $266.73)
Prepared By: Rachel Hansen, Grants Coordinator; Community and Human Services Division
16.D.10
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09/14/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.10
Doc ID: 17685
Item Summary: Recommendation to authorize a Budget Amendment to recognize interest earned
for the period January through March 2021 on advanced library funding received from the Florida
Department of State to support library services and equipment for the use of Collier County r esidents and
auction proceeds.
Meeting Date: 09/14/2021
Prepared by:
Title: – Community & Human Services
Name: Rachel Hansen
08/06/2021 2:54 PM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
08/06/2021 2:54 PM
Approved By:
Review:
Library Tanya Williams Additional Reviewer Completed 08/06/2021 4:04 PM
Community & Human Services Jose Alvarado Additional Reviewer Completed 08/06/2021 4:47 PM
Community & Human Services Maggie Lopez Additional Reviewer Completed 08/11/2021 3:08 PM
Community & Human Services Tami Bailey Additional Reviewer Completed 08/12/2021 4:54 PM
Community & Human Services Kristi Sonntag CHS Review Completed 08/13/2021 9:14 AM
Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 08/16/2021 11:11 AM
Public Services Department Todd Henry Public Services Department Completed 08/16/2021 4:03 PM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 08/17/2021 10:37 AM
Grants Erica Robinson Level 2 Grants Review Completed 08/24/2021 1:20 PM
Public Services Department Dan Rodriguez PSD Department Head Completed 08/26/2021 9:48 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/26/2021 10:49 AM
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/26/2021 12:19 PM
Office of Management and Budget Susan Usher Additional Reviewer Completed 09/02/2021 9:42 AM
Grants Therese Stanley Additional Reviewer Completed 09/02/2021 1:24 PM
County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 09/07/2021 9:52 AM
Board of County Commissioners Geoffrey Willig Meeting Pending 09/14/2021 9:00 AM
16.D.10
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