Agenda 04/27/2021 Item #16D 1 (BA for interest earned supporting library services)04/27/2021
16.D.1
EXECUTIVE SUMMARY
Recommendation to authorize a Budget Amendment to recognize interest earned for the period
October 2020 through December 2020 on advanced library funding received from the Florida
Department of State to support library services and equipment for the use of Collier County
residents. (Net Fiscal Impact $1,015.37)
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 June 9, 2020 (Agenda Item #16D1). 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 through December 2020 requires
recognition of interest earnings in the amount of $1,015.37. 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 a total of $1,015.37 from accrued
interest within Public Services Match Fund (710), Project 33360.
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact.
LEGAL CONSIDERATIONS: This item does not raise any legal issues. It requires a majority vote for
Board action. -JAB
RECOMMENDATION: To authorize a Budget Amendment to recognize interest earned for the period
October through December 2020 on advanced library funding received from the Florida Department of
State to support library services and equipment for the use of Collier County residents. (Net Fiscal Impact
$1,015.37)
Prepared By: Jose Alvarado, Accountant, Community and Human Service Division
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16.D.1
04/27/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.1
Doe ID: 15225
Item Summary: Recommendation to authorize a Budget Amendment to recognize interest earned
for the period October 2020 through December 2020 on advanced library funding received from the
Florida Department of State to support library services and equipment for the use of Collier County
residents.
Meeting Date: 04/27/2021
Prepared by:
Title: — Community & Human Services
Name: Jose Alvarado
03/09/2021 12:07 PM
Submitted by:
Title: Manager - Federal/State Grants Operation — Community & Human Services
Name: Kristi Sonntag
03/09/2021 12:07 PM
Approved By:
Review:
Community & Human Services
Rachel Hansen
Additional Reviewer
Library
Tanya Williams
Additional Reviewer
Community & Human Services
Maggie Lopez
Additional Reviewer
Community & Human Services
Blanca Aquino Luque
Additional Reviewer
Community & Human Services
Kristi Sonntag
CHS Review
Operations & Veteran Services
Kimberley Grant
Additional Reviewer
Community & Human Services
Tami Bailey
Additional Reviewer
Public Services Department
Todd Henry
Public Services Deapartment
Grants
Erica Robinson
Level 2 Grants Review
Public Services Department
James C French
PSD Dept Head Review
County Attorney's Office
Jennifer Belpedio
Level 2 Attorney of Record Review
Office of Management and Budget
Debra Windsor
Level 3 OMB Gatekeeper Review
County Attorney's Office
Jeffrey A. Klatzkow Level 3 County Attorney's Office Review
Budget and Management Office
Ed Finn
Additional Reviewer
Grants
Therese Stanley
Additional Reviewer
County Manager's Office
Dan Rodriguez
Level 4 County Manager Review
Completed
03/09/2021 1:18 PM
Completed
03/10/2021 6:19 PM
Completed
03/16/2021 3:13 PM
Completed
03/19/2021 9:57 AM
Completed
03/19/2021 4:16 PM
Completed
03/20/2021 10:26 AM
Completed
03/22/2021 1:25 PM
Completed
03/22/2021 2:53 PM
Completed
03/22/2021 3:57 PM
Completed
03/22/2021 5:44 PM
Completed
03/24/2021 10:53 AM
Completed
03/24/2021 11:00 AM
Completed
03/25/2021 10:01 AM
Completed
03/30/2021 4:25 PM
Completed
04/05/2021 10:55 AM
Completed
04/09/2021 4:15 PM
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16.D.1
04/27/2021
Board of County Commissioners MaryJo Brock Meeting Pending 04/27/2021 9:00 AM
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