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Agenda 08/13/2024 Item #16F 9 (BA to recognize accrued interest earned by EMS County Grant to support purchase of medical and rescue equipment)08/13/2024 EXECUTIVE SUMMARY Recommendation to authorize a Budget Amendment to recognize accrued interest and carryforward, in the amount of $7,304.29, from October 1, 2023, through June 30, 2024, earned by EMS County Grant to support the purchase of medical and rescue equipment. _____________________________________________________________________________________ OBJECTIVE: To recognize interest earned by EMS County Grant funding received by the Florida Department of Health. CONSIDERATIONS: Each year EMS is awarded a grant through the Florida Department of Health, Bureau of Emergency Medical Services. The most recent grant was approved by the Board of County Commissioners ("Board") on July 9, 2024 (Agenda Item #16.F.7). The purpose of the grant is to improve operational efficiency and increase the safety of patients and field personnel. Funds will be used to purchase medical and rescue equipment. Funds are advanced and therefore accrue interest. The State allows for the rollover of any unexpended funds, including interest, to the next year’s grant for County expenditure in support of the grant program. The EMS Grant Fund (4053) has accrued interest and carryforward of $7,304.29 from October 1, 2023, through June 30, 2024. Staff is seeking Board approval to recognize and appropriate this accrued interest towards expenditures in support of medical and rescue equipment. FISCAL IMPACT: A Budget Amendment is required to recognize a total of $7,304.29 for accrued interest earned to date ($7,096.60) and carryforward ($207.69) within EMS Grant Fund (4053), Project 33655. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues and requires majority vote for approval. -JAK GROWTH IMPACT: None. RECOMMENDATION: To authorize a Budget Amendment to recognize accrued interest and carryforward, in the amount of $7,304.29, from October 1, 2023, through June 30, 2024, earned by EMS County Grant to support the purchase of medical and rescue equipment. PREPARED BY: Charles Kammerer, Supervisor-Accounting, Corporate Financial & Management Services ATTACHMENT(S) 1. SAP Interest Postings (33655-02) (PDF) 16.F.9 Packet Pg. 1621 08/13/2024 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.9 Doc ID: 29532 Item Summary: Recommendation to authorize a Budget Amendment to recognize accrued interest and carryfoward, in the amount of $7,304.29, from October 1, 2023 through June 30, 2024, earned by EMS County Grant to support the purchase of medical and rescue equipment. Meeting Date: 08/13/2024 Prepared by: Title: – Emergency Medical Services Name: Cherie DuBock 07/29/2024 11:45 AM Submitted by: Title: – Emergency Medical Services Name: Bruce Gastineau 07/29/2024 11:45 AM Approved By: Review: Emergency Medical Services Bruce Gastineau EMS Chief Review Completed 07/29/2024 1:20 PM Emergency Management Michael Choate Executive Director Review Completed 07/29/2024 3:23 PM Grants Joanna Partyniewicz Level 2 Grants Review Completed 07/31/2024 11:34 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 07/31/2024 11:37 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 07/31/2024 12:22 PM Corporate Business Operations Jennifer Reynolds OMB Reviewer Completed 07/31/2024 1:10 PM Grants Therese Stanley OMB Reviewer Completed 08/03/2024 12:56 PM Office of Management and Budget Blanca Aquino Luque OMB Reviewer Completed 08/06/2024 9:43 AM County Manager's Office Amy Patterson Level 4 County Manager Review Completed 08/07/2024 8:22 AM Board of County Commissioners Geoffrey Willig Meeting Pending 08/13/2024 9:00 AM 16.F.9 Packet Pg. 1622 16.F.9.b Packet Pg. 1623 Attachment: SAP Interest Postings (33655-02) (29532 : EMS Grant interest through 6/30/2024)