File #: 20-0940    Version: 1
Type: Consent Item Status: Agenda Ready
File created: 10/15/2020 In control: Board of County Commissioners
On agenda: 10/27/2020 Final action:
Title: Recognize unanticipated revenue for CARES (Fund 154)
Attachments: 1. RESOLUTION 20 - COVID Stimulus 20-0940.pdf, 2. BA - CARES 2021-247-ADA.pdf
Related files: 20-0830, 20-0693, 20-0524, 20-0330, 20-0431, 20-0512, 20-0689, 20-0810, 20-0910, 20-0599, 20-0754
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Agenda Item Name:

Title

Recognize unanticipated revenue for CARES (Fund 154)

End

 

Presenter:

Tommy Crosby

 

Description:

The FY21 Budget needs to be amended to recognize unanticipated revenue for the COVID-19 Stimulus Act

 

Recommended Action:

Recommended Action

Recognize unanticipated revenue for the CARES fund by signing the attached resolution and approving the attached budget amendment

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Prior Board Motions:

N/A

 

Fiscal Consideration:

Fiscal Consideration

The CARES stimulus funds are recorded in Fund 154. The total CARES Act remains the $46.9 Million. This is to recognize part of the funds in FY21. 

End

 

Background:

The CARES Stimulus Act funds are recorded in Fund 154.  The full extent of the spending of the original advance was unknown during the FY21 budget development period.  The recommended action is necessary to facilitate the spending of the remainder of the initial advance.