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Agenda Item
Clay County Board of County Commissioners | Clay County Administration Building
Tuesday, June 8 4:00 PM |
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| | | | | | | | TO: Finance & Audit
| DATE: 5/21/2021 | | | | | FROM: Reginald Kantor | | | | | | SUBJECT: 1) Approval of budget amendment resolution accepting $21,293,566 in American Rescue Plan Act funds assisting those negatively impacted by COVID-19. Funding Source: 157-157-331629 (American Rescue Plan Fund Revenue / American Relief Plan - Federal)
2) Approval of budget amendment resolution accepting $5,238,464 for Emergency Rental Assistance of those negatively impacted by COVID-19. Funding Source: 156-156-331628 (Emergency Rental Assistance Fund Revenue / Emergency Rental Assist. Grant 2)
3) Approval of General Fund (001) transfers from the Buildings and Grounds Maintenance Division to the Parks & Recreation Division for improved lighting at the Fairgrounds arena and staging area. Funding Sources: 001-1202-546100 (General Fund / Buildings Maint. / Repairs & Maint.) and 001-3201-546100 (General Fund / Parks & Rec / Repairs & Maint.)
4) Approval of a transfer from Transportation Trust Fund (101) Contingency Reserves in the amount of $350,000 for road and shoulder improvements on County Road 209 from County Road 315B to Henley Road. This amount will bring budgeted amount up to the contract amount. Funding Source: 101-9901-599100 (Transportation Trust Fund / Reserve-Contingency)
| | | | | AGENDA ITEM TYPE: | |
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| | | | | | | | | BACKGROUND INFORMATION: | 1) On March 11, 2021, Congress passed and President Biden signed the American Rescue Plan Act of 2021 establishing a new Coronavirus Relief Fund allocated to governments to address necessary expenditures incurred due to Covid-19. Clay County was allocated $42,587,131. On May 10, 2021 the U.S. Department of the Treasury announced its plans to disburse the first half of the allocation ($21,293,566 for Clay County).
2) Congress also approved the allocation of funds to assist individuals negatively affected by Covid-19 to assist with rent for housing. $5,238,464 was allocated to Clay County.
3) A project to replace the lighting fixtures at the fairgrounds arena to improve the overall lighting in the arena as well as the staging area. Project total is $306,000. The transfer will consolidate the budget to one division.
4) $748,937 was originally budgeted for this project, however, bids came in higher than expected necessitating a budget increase of $350,000. |
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| | | | | | | | Is Funding Required (Yes/No):
| If Yes, Was the item budgeted (Yes\No\N/A):
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FUNDING SOURCES/REVENUES for RESOLUTIONS:
1) 157-157-331629 (American Rescue Plan Fund - American Relief Plan - Federal) - $21,293,566
2) 156-156-331628 (Emergency Rental Assistance Fund / Emergency Rental Assist. Grant 2) - $5,238,464
FUNDING for BUDGET TRANSFER BETWEEN GENERAL FUND (001) DIVISIONS:
| 3) ACCOUNT # |
ACCOUNT NAME |
AMOUNT |
001-1202-546100
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Buildings Maint.- Repairs & Maint.
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($150,000)
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001-3201-546100
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Parks & Rec - Repairs & Maint.
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($156,000) |
001-3201-562000
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Parks & Rec - Buildings
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$306,000
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FUNDING for BUDGET TRANSFER FROM TRANSPORTATION TRUST FUND (101) RESERVE-CONTINGENCY:
| 4) ACCOUNT # |
ACCOUNT NAME |
AMOUNT |
| 101-9901-599100 |
Reserves-Contingency |
($350,000) |
| 101-3701B-563000 |
Public Works LAP - Infrastructure |
$350,000 |
Sole Source (Yes\No):
| Advanced Payment (Yes\No):
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| | | | | | | | Planning Requirements:
Public Hearing Required (Yes\No):
Hearing Type:
Initiated By:
Not Applicable | | | | | |
| REVIEWERS: | | Department | Reviewer | Action | Date | Comments | | Budget Office | Slaybaugh, Jaclyn | Approved | 6/3/2021 - 8:50 AM | Item Pushed to Agenda |
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