Agenda 12/12/2023 Item #16D 6 (BA to recognize carry forward interest earned for period of Jan 2023 through Sept 2023)12/12/2023
EXECUTIVE SUMMARY
Recommendation to approve and authorize a Budget Amendment to recognize carry forward interest
earned, in the amount of $4,493.13, for the period of January 2023 through September 2023 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 1840)
OBJECTIVE: To recognize interest earned in 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 #16.D.5). 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, for the period of October 2022 through September 2023, requires
recognition of interest earnings in the amount of $4,493.13. 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 FY 2023 interest revenue from carry
forward in the amount of $4,493.13 within Public Services Match Fund (1840), Project 33360.
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact.
LEGAL CONSIDERATIONS: This item has been approved as to form and legality and requires a majority vote
for Board approval. -DDP
RECOMMENDATION: To approve and authorize a Budget Amendment to recognize carry forward interest
earned, in the amount of $4,493.13, for the period of January 2023 through September 2023 on advanced library
funding received from the Florida Department of State to support library services for the use of Collier County
residents.
Prepared By: Parker Smith, Grants Coordinator I, Community and Human Services Division
ATTACHMENT(S)
1. GL Support SATL Interest - Separated by Type (PDF)
16.D.6
Packet Pg. 2077
12/12/2023
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.6
Doc ID: 27175
Item Summary: Recommendation to approve and authorize a Budget Amendment to recognize carry forward
interest earned, in the amount of $4,493.13, for the period of January 2023 through September 2023 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 1840)
Meeting Date: 12/12/2023
Prepared by:
Title: Grants Coordinator – Community & Human Services
Name: Parker Smith
11/08/2023 9:22 AM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
11/08/2023 9:22 AM
Approved By:
Review:
Community & Human Services Kristi Sonntag CHS Review Completed 11/08/2023 9:55 AM
Public Services Department Vanessa Collier Additional Reviewer Completed 11/09/2023 11:32 AM
Community & Human Services Donald Luciano Additional Reviewer Completed 11/09/2023 6:13 PM
Operations & Veteran Services Jeff Weir OVS Director Review Completed 11/12/2023 9:22 AM
Community & Human Services Parker Smith Additional Reviewer Skipped 11/14/2023 7:36 AM
Library Catherine Cowser Additional Reviewer Completed 11/14/2023 7:53 AM
Corporate Compliance & Internal Review Michael Nieman Additional Review Completed
11/14/2023 4:12 PM
Public Services Department Todd Henry Level 1 Department Review Completed 11/15/2023 10:09 AM
Grants Erica Robinson Level 2 Grants Review Completed 11/20/2023 1:11 PM
County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 11/22/2023 3:09 PM
Public Services Department Tanya Williams PSD Department Head Review Completed 11/29/2023 8:28 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 11/29/2023 8:42 AM
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 11/29/2023 10:35 AM
Grants Therese Stanley Additional Reviewer Completed 12/01/2023 9:42 AM
Office of Management and Budget Blanca Aquino Luque Additional Reviewer Completed 12/04/2023 9:39 AM
County Manager's Office Dan Rodriguez Level 4 County Manager Review Completed 12/04/2023 8:29 PM
Board of County Commissioners Geoffrey Willig Meeting Pending 12/12/2023 9:00 AM
16.D.6
Packet Pg. 2078
16.D.6.a
Packet Pg. 2079 Attachment: GL Support SATL Interest - Separated by Type (27175 : Recognize Interest earned from State Aid to Libraries Grant January -