Agenda Item Name:
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Local (50/50) matching funds related to three Resiliency Florida Grant Program projects that may be awarded by Florida Department of Environmental Protection (FDEP).
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Presenter:
Ramon D. Gavarrete
Description:
General Fund Reserves will need to be used to match funding (50/50) for the Resiliency Florida Grant Program Projects awarded for the FDEP's FY2021-22 and FY 2022-23 grant cycle. Three drainage improvement projects under consideration are Pine Hills, Hill of Santa Fe, and Robin Lane.
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Recommended Action:
recommended action
Use General Fund Reserves for the local 50/50 match for each project that developed.
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Prior Board Motions:
recommended action
N/A
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Fiscal Consideration:
fiscal consideration
The local match required would be $672,815.32 for Pine Hills, $507,615.07 for Hills of Santa Fe and $599,816.60 for Robin Lane for a total of $1,780,246.99 or 21.76% of the General Fund Reserves currently available ($8,181,054) for FY23.
Excerpt from the FY23 Board Approved Budget Policy:
a. Reserve for contingency requests in the General Fund, MSTU Law Enforcement and MSBU Fire Funds must be approved by the Board of County Commissioners. The Board will use the procedures and evaluation criteria set forth in this, and other policies. Such requests will be evaluated as to the:
i. Urgency of the request - these areas retain large amounts of water during storms.
ii. Scope of services to be provided - Limited-service area impacting a small segment of the population
iii. Short and long-term fiscal impact of the request - This a one-time use of funds, not on-going
iv. Potential for alternative methods of funding or providing the service(s) - Storm water assessment funds and gas tax funds were considered for the match but were determined not appropriate.
v. Review for duplication of service(s) with other agencies - this is a joint project with the State.
vi. Review of efforts to secure non-County funding - this is...
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