Supplemental Budget Amendment #49 - FEMA/State Proceeds for the Construction of the Jail Facility
From:
Amy Lovoy, Assistant County Administrator
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #49 Recognizing Anticipated Proceeds from the Federal Emergency Management Agency and the State of Florida for the Construction of the New Jail Facility - Amy Lovoy, Assistant County Administrator
That the Board adopt the Resolution approving Supplemental Budget Amendment #49, Local Option Sales Tax III Fund (352), in the amount of $48,488,632, to recognize the proceeds of project worksheet 1006 from the Federal Emergency Management Agency (FEMA) and the State of Florida and to appropriate these funds for the construction of the jail project.
BACKGROUND:
In April 2014 the County sustained significant damage to the Central Booking Detention Facility (CDBF). Since that time, the County has worked with FEMA and the State of Florida to be reimbursed for certain costs associated with the construction of the new facility. This amount is the capped amount that should be received from FEMA and the State of Florida and represents 87.5% of the estimated costs that would have been incurred had a similar facility to the one destroyed be built.
BUDGETARY IMPACT:
These funds will be recognized and appropriated in the LOST fund. This fund has cash significant enough to cash-flow this project until funds are received from FEMA and the State of Florida.