Agenda 03/14/2023 Item #16D3 (Interest earned on advanced library funding received from the Florida Dept. of State.)16.D.3
03/14/2023
EXECUTIVE SUMMARY
Recommendation to approve and authorize a Budget Amendment to recognize carry forward interest
earned, in the amount of $751.99, for the period of July 2022 thru September 2022 on advanced library
funding received from the Florida Department of State to support library services for the use of Collier
County residents. (Public Service Match Fund 710)
OBJECTIVE: To recognize interest earned on advanced library funding received from the Florida Department of
State.
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 26, 2022 (Agenda Item #16135). 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 roll-over 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, for the period of July 2022 through September 2022, requires
recognition of interest earnings in the amount of $751.99. Staff is seeking Board approval to appropriate this
interest earned towards expenditures in support of library services and equipment.
FISCAL IMPACT: A Budget Amendment is required to recognize accrued FY22 interest revenue from carry
forward in the amount of $751.99 within Public Services Match Fund (710), Project 33360.
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact.
LEGAL CONSIDERATIONS: This item is approved as to form and legality, and requires majority vote for
Board approval. -DDP
RECOMMENDATION: To approve and authorize a Budget Amendment to recognize carry forward interest
earned, in the amount of $751.99, for the period of July 2022 thru September 2022 on advanced library funding
received from the Florida Department of State to support library services for the use of Collier County residents.
Prepared By: Cynthia Balterman, Accountant, Community and Human Services Division
ATTACHMENT(S)
1. the REPORT GL - SATL Interest (33360) (PDF)
Packet Pg. 767
16.D.3
03/14/2023
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.13.3
Doc ID: 24588
Item Summary: Recommendation to approve and authorize a Budget Amendment to recognize carry forward
interest earned, in the amount of $751.99, for the period of July 2022 thru September 2022 on advanced library
funding received from the Florida Department of State to support library services for the use of Collier County
residents.
Meeting Date: 03/14/2023
Prepared by:
Title: — Community & Human Services
Name: Cynthia Balterman
02/06/2023 12:55 PM
Submitted by:
Title: Manager - Federal/State Grants Operation — Community & Human Services
Name: Kristi Sonntag
02/06/2023 12:55 PM
Approved By:
Review:
Community & Human Services
Kristi Sonntag
CHS Review
Operations & Veteran Services
Jeff Newman
Additional Reviewer
Library
Catherine Cowser
Additional Reviewer
Community & Human Services
Blanca Aquino Luque
Additional Reviewer
Public Services Department
Todd Henry
PSD Level 1 Reviewer
Grants
Erica Robinson
Level 2 Grants Review
Public Services Department
Tanya Williams
PSD Department Head Review
County Attorney's Office
Derek D. Perry
Level 2 Attorney Review
Office of Management and Budget
Debra Windsor
Level 3 OMB Gatekeeper Review
Community & Human Services
Maggie Lopez
Additional Reviewer
County Attorney's Office
Jeffrey A. Klatzkow Level 3 County Attorney's Office Review
Grants
Therese Stanley
Additional Reviewer
Office of Management and Budget
Christopher Johnson Additional Reviewer
County Manager's Office
Dan Rodriguez
Level 4 County Manager Review
Board of County Commissioners
Geoffrey Willig
Meeting Pending
Completed
02/07/2023 8:20 AM
Completed
02/07/2023 8:26 AM
Completed
02/10/2023 8:41 AM
Completed
02/13/2023 1:22 PM
Completed
02/13/2023 1:48 PM
Completed
02/14/2023 2:00 PM
Completed
03/01/2023 5:13 PM
Completed
03/02/2023 9:03 AM
Completed
03/02/2023 9:23 AM
Completed
03/02/2023 9:51 AM
Completed
03/02/2023 1:21 PM
Completed
03/03/2023 3:28 PM
Completed
03/05/2023 10:54 AM
Completed
03/06/2023 10:51 AM
03/14/2023 9:00 AM
Packet Pg. 768
mn-u uBo _jj 4saia4ul eem-lPiaje2,#»w(eoadIio4 m-l.LVS--1e.LNoam J_pm¥
}\f\\(i\k\{\}\\(\
!!!!!!!!!!!!!!!!!
|2||||2||||2||||2
(\2§§§\§§§§\2§§§\ 6(§§......§E§§..
k\�\\\\\\\\\�\\\\
W'.¥996lA %75¥39;
6K;AAA NA
E!k§a§waaa§k;§a§§
k\]kkk\]kkk\]kkk\
\§kkkk§kkkk§kkkk§