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Agenda 12/14/2021 Item #16J 4 (Clerk's Report of Interest for FY ended September 30, 2021)16.J.4 12/14/2021 EXECUTIVE SUMMARY Recommendation to accept the Clerk's report indicating no interest paid pursuant to Florida Statute 218.78 for the fiscal year ended September 30, 2021. OBJECTIVE: Board approval of the Clerk's reporting of no interest paid pursuant to Florida Statute 218.78 for the fiscal year ended September 30, 2021. CONSIDERATIONS: Pursuant to Florida Statute 218.78, the Local Government Prompt Payment Act, each local government unit shall report to the Board the amount of interest paid during the preceding fiscal year. Florida Statute 218.78 reads: Report of interest. - If the total amount of interest paid during the preceding fiscal year exceeds $250, each local government entity shall, during December of each year, report to the board of county commissioners or the municipal governing body the number of interest payments made by it during the preceding fiscal year and the total amount of such payments made under this part. For the fiscal year ended September 30, 2021, there were no interest payments to report pursuant to Florida Statute 218.78. GROWTH MANAGEMENT IMPACT: None. FISCAL IMPACT: None, as no interest was paid. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality and requires majority vote for acceptance of the report. -JAK RECOMMENDATION: That the Board of County Commissioners approve this reporting for fiscal year ending September 30, 2021. Prepared by: Derek M. Johnssen, Finance Director, Office of the Clerk of the Circuit Court Packet Pg. 2329 16.J.4 12/14/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.J.4 Doe ID: 20763 Item Summary: Recommendation to accept the Clerk's report indicating no interest paid pursuant to Florida Statute 218.78 for the fiscal year ended September 30, 2021. Meeting Date: 12/14/2021 Prepared by: Title: — Clerk of the Circuit Court Name: Erin Roxberry 12/06/2021 3:04 PM Submitted by: Title: Senior Staff Assistant — Clerk of the Circuit Court Name: Jennifer Milum 12/06/2021 3:04 PM Approved By: Review: Clerk of the Circuit Court County Attorney's Office Office of Management and Budget Office of Management and Budget County Manager's Office Board of County Commissioners Derek Johnssen Additional Reviewer Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Debra Windsor Level 3 OMB Gatekeeper Review Laura Wells Additional Reviewer Mark Isackson Level 4 County Manager Review Geoffrey Willig Meeting Pending Completed 12/07/2021 7:50 AM Completed 12/07/2021 8:11 AM Completed 12/07/2021 8:28 AM Completed 12/07/2021 8:36 AM Completed 12/07/2021 1:17 PM 12/14/2021 9:00 AM Packet Pg. 2330