Agenda 03/09/2021 Item #16E 2 (Accrued Interest earned by EMS Cares Act)03/09/2021
16.E.2
EXECUTIVE SUMMARY
Recommendation to recognize accrued interest from the period April 17, 2020 through December
31, 2020 earned by EMS Cares Act Provider Relief Payment and appropriate funds for a total
amount of $2,276.67.
OBJECTIVE: To appropriate accrued interest earned from April 17, 2020 - December 31, 2020 for
EMS Cares Act Provider Relief Payment awarded by The Department of Health and Human Services
(HHS).
CONSIDERATIONS: Former President Trump signed a bipartisan CARES Act that provided $100
billion in relief funds to Hospitals and Healthcare providers on the front lines of the coronavirus response.
Immediately, $30 billion was distributed to the Healthcare systems and electronically deposited to eligible
Providers. Collier County EMS received $458,750.17 on April 17, 2020. The Department of Health and
Human Services (HHS) requires that all recipients of these funds recognize interest. The State allows for
the rollover of any unexpended funds, including interest, to the next fiscal year for County expenditure.
Interest in EMS Grant Fund 493 has accrued to a balance of $2,276.67 through December 31, 2020. Staff
is seeking Board approval to recognize and appropriate this accrued interest in order to expend the funds.
FISCAL IMPACT: A Budget Amendment is required to recognize a total of $2, 276.67 within EMS
Grant Fund 493, Project 33684 for accrued interest. A transfer is also required for the portion of interest
earned within EMS Fund 490 to move the interest into the grant fund (493). This is necessary due to the
initial recording of the advanced revenue within the fund (490) before it was appropriated to an individual
grant project.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal
issues and requires majority vote for approval. -JAK
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact.
RECOMMENDATION: That the Board of County Commissioners authorizes the necessary Budget
Amendments in the amount of $2,276.67 to appropriate accrued interest through December 31, 2020.
PREPARED BY: Erin Cook, Accounting Supervisor - Emergency Medical Services Admin.
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16. E.2
03/09/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.E.2
Doe ID: 15050
Item Summary: Recommendation to recognize accrued interest from the period April 17, 2020
through December 31, 2020 earned by EMS Cares Act Provider Relief Payment and appropriate funds for
a total amount of $2,276.67.
Meeting Date: 03/09/2021
Prepared by:
Title: Accounting Technician — Emergency Medical Services
Name: Erin Page
02/11/2021 3:09 PM
Submitted by:
Title: Division Director - EMS Operations — Emergency Medical Services
Name: Tabatha Butcher
02/11/2021 3:09 PM
Approved By:
Review:
Emergency Medical Services
Administrative Services Department
Grants
Administrative Services Department
Office of Management and Budget
Office of Management and Budget
County Attorney's Office
Grants
County Manager's Office
Board of County Commissioners
Tabatha Butcher
Additional Reviewer
Michael Cox
Level 1 Department Reviewer
Valerie Fleming
Level 2 Grants Review
Len Price
Level 2 Department Head Review
Laura Wells
Level 3 OMB Gatekeeper Review
Laura Wells
Additional Reviewer
Jeffrey A. Klatzkow Level 3 County Attorney's Office Review
Therese Stanley
Additional Reviewer
Dan Rodriguez
Level 4 County Manager Review
MaryJo Brock
Meeting Pending
Completed
02/11/2021 4:01 PM
Completed
02/11/2021 4:28 PM
Completed
02/16/2021 11:08 AM
Completed
02/18/2021 4:14 PM
Completed
02/19/2021 9:12 AM
Completed
02/19/2021 9:49 AM
Completed
02/19/2021 1:08 PM
Completed
02/26/2021 12:53 PM
Completed
02/28/2021 4:42 PM
03/09/2021 9:00 AM
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