Supplemental Budget Amendment #031 - Hazard Mitigation Grant for Delano Street Drainage
From:
Stephan Hall, Budget Manager
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #031 - Stephan Hall, Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #031, Local Option Sales Tax Fund III (352), in the amount of $2,282,115, to recognize Federal Grant proceeds from a State of Florida Division of Emergency Management Hazard Mitigation Grant Program (HMGP) Grant, and to appropriate these funds for the Delano Street Area Drainage Project.
BACKGROUND:
On November 17, 2016, the Board approved the Federally Funded Sub-grant Agreement, Project Number 4177-18-R, Agreement Number 17HM-H4-01-27-01-XXX, between the State of Florida, Division of Emergency Management and Escambia County for the Delano Street Area Drainage Project. The agreement provides for 100% federal funding with Local Global Match approval, awarded at $2,282,115, for Phase 1 design.
BUDGETARY IMPACT:
This amendment will increase Fund 352 by $2,282,115. With Local Global Match approval, federal funding is available for 100% reimbursement.
LEGAL CONSIDERATIONS/SIGN-OFF:
N/A
PERSONNEL:
N/A
POLICY/REQUIREMENT FOR BOARD ACTION:
Board policy requires increases or decreases in revenues to be approved by the Board.