Agenda

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County Administrator's Report 12. 14.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	08/06/2020
Issue: Supplemental Budget Amendment #179 - Coronavirus Relief Fund (CRF) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act
From:	Sharon Harrell
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #179, Coronavirus Relief Fund Under the Coronavirus Aid, Relief, and Economic Security Act, Clara Long, Neighborhood and Human Services Department Director - Sharon Harrell, Interim Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #179, Other Grants and Projects Fund (110) and the General Fund (001), in the amount of $906,094, to recognize the Coronavirus Relief Fund (CRF) allocation provided by the Florida Housing Finance Corporation (FHFC) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and to appropriate these funds to support housing related activities in response to COVID-19.

Fund Number	Fund Name	Revenue Code	Revenue Title	Amount
110	Other Grants & Projects	331626 (new)	CARES-CRF-FHFC Housing	903,834
001	General Fund	369936	Indirect Costs-Other	2,260
Total				$906,094

Fund Number	Cost Ctr No.	Cost Center Title	Account Code	Account Title	Amount
110	370239	CARES-CRF-FHFC Housing	51201	Salaries	18,184
110			52101	FICA	1,391
110			52201	Retirement Contributions	1,819
110			52301	Life & Health	3,750
110			52401	Workers Comp	157
110			53401	Other Contractual Srvs	54,136
110			54201	Postage & Freight	100
110			54801	Promotional Activities	936
110			54901	Other Current Chgs & Obligations	2,660
110			55101	Office Supplies	500
110			55201	Operating Supplies	6,750
110			58301	Other Grants & Aids	813,451
001	110201	Non-Departmental	59805	Reserve for Operating	2,260
Total					$906,094

BACKGROUND:

As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress and signed into law March 27, 2020, the County will receive an allocation of $903,834 from the Coronavirus Relief Fund (CRF) from the State of Florida through an allocation from the Florida Housing Finance Corporation (FHFC). These funds will be used to address housing activities such as rent, mortgage, and utility assistance for low and moderate income households in response to COVID-19. This Supplemental Budget Amendment also incorporates the transfer of indirect cost to the General Fund, in the amount of $2,260. CRF will be managed and implemented by the Neighborhood Enterprise Division of the Neighborhood & Human Services Department.

BUDGETARY IMPACT:

This Amendment will increase Fund 110 by $903,834 and Fund 001 by $2,260.

Fund Number	Fund Name	Revenue Code	Revenue Title	Amount
110	Other Grants & Projects	331626 (new)	CARES-CRF-FHFC Housing	903,834
001	General Fund	369936	Indirect Costs-Other	2,260
Total				$906,094

Fund Number	Cost Ctr No.	Cost Center Title	Account Code	Account Title	Amount
110	370239	CARES-CRF-FHFC Housing	51201	Salaries	18,184
110			52101	FICA	1,391
110			52201	Retirement Contributions	1,819
110			52301	Life & Health	3,750
110			52401	Workers Comp	157
110			53401	Other Contractual Srvs	54,136
110			54201	Postage & Freight	100
110			54801	Promotional Activities	936
110			54901	Other Current Chgs & Obligations	2,660
110			55101	Office Supplies	500
110			55201	Operating Supplies	6,750
110			58301	Other Grants & Aids	813,451
001	110201	Non-Departmental	59805	Reserve for Operating	2,260
Total					$906,094

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

Increases and decreases in revenue must be approved by the Board per F.S.129.06 -Execution and amendment of budget.

IMPLEMENTATION/COORDINATION:

N/A

Attachments
SBA# 179