Agenda 03/25/2025 Item #16F 4 (Authorize a BA to recognize accrued interest in the amount of $3,285.78 from October 1, 2024, through January 31, 2025)3/25/2025
Item # 16.F.4
ID# 2025-885
Executive Summary
Recommendation to approve and authorize a Budget Amendment to recognize accrued interest in the amount of
$3,285.78 from October 1, 2024, through January 31, 2025, earned by EMS County Grant to support the purchase of
medical and rescue equipment. (EMS Grant Fund 4053)
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 9th, 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 EMS Grant Fund (4053) has accrued interest in the amount of
$3,285.78 for the period of October 1, 2024, through January 31, 2025. Staff is seeking Board approval to recognize and
appropriate this accrued interest towards expenditures in support of medical and rescue equipment.
This item is consistent with the Collier County strategic plan by reinvesting interest earned into the grant project to
foster continued growth and sustainability.
FISCAL IMPACT: A Budget Amendment is required to recognize a total of $3,285.78 for accrued interest earned
within EMS Grant Fund (4053), Project 33655.
GROWTH MANAGEMENT IMPACT: None.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues and
requires majority vote for approval. -JAK
RECOMMENDATIONS: To approve and authorize a Budget Amendment to recognize accrued interest in the amount
of $3,285.78 from October 1, 2024, through January 31, 2025, earned by EMS County Grant to support the purchase of
medical and rescue equipment. (EMS Grant Fund 4053)
PREPARED BY: Cherie DuBock, Accounting Supervisor, EMS
ATTACHMENTS:
1. BA_Fund 4053_Proj 33655-06_Recognize Interest Oct-Jan 2025
Page 3853 of 5415