Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
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MOTION TO ADOPT budget Resolution within the General Fund transferring budget authority between accounts, with no net impact, related to the provision of government services, which is an allowable use of (the Federal) Coronavirus Local Fiscal Recovery Fund (CLFRF), to align with the costs being expensed by the county in the (County) Coronavirus Aid to Counties Fund and to authorize the County Administrator to take all necessary administrative and budgetary actions.
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Why Action is Necessary
Board approval is required to transfer budget between departments.
What Action Accomplishes
This action adjusts appropriations related to the use of CLFRF.
Is this Action Goal Related
No
Previous Action Taken
February 22, 2022 Regular Meeting (Item No. 11)
Summary Explanation/Background
At the February 22, 2022, Regular Meeting (Item No.11), the Board took several actions to utilize both tranches of CLFRF for the provision of government services and adjusted related appropriations accordingly. This action modifies those budget appropriations with zero net change to align with actual government service costs during Fiscal Year 2022 that are being expensed to the Coronavirus Aid to Counties Fund. All costs are in compliance with the United States Department of the Treasury’s Final Rule. Associated interest and investment earnings on these funds and related appropriations are anticipated to be addressed in the Fiscal Year 2022 Third Supplemental Budget.
Source of Additional Information
Norman Foster, Director, Office of Management & Budget, (954) 357-6346
Fiscal Impact
Fiscal Impact/Cost Summary
There is no additional fiscal impact because of this action. It adjusts previous appropriations to match actual expenditures on government services that are being expensed to the Coronavirus Aid to Counties Fund.