Title:
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FY 2022/23 Grant and Project Carryforward Budget Amendment Resolution - Approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) #23-010 in the amount of $389,142,826.56 to carryforward available balances for existing projects, grants, associated revenues, and restricted FY2022/23 Beginning Fund Balances. Countywide (Timothy Jecks, Deputy CFO/ Budget Division Manager)
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Division:
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Resource Management - Budget
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Authorized By:
Lorie Bailey-Brown, CFO/Resource Management Director
Contact/Phone Number:
Sara Carrick, Financial Administrator - 407-665-7180
Background:
It is County policy to fully fund projects and grants based on the completion of a scope or contract, which may cross over multiple fiscal years. This requires that the available year-end project balances and restricted fund balances be re-budgeted in the new year to allow for work to continue. In FY22, there were a total of 892 grant and project-related budgets, of which 218 were completed/deferred and 674 are active and being carried forward. A total of $91M is being carried forward related to Grants Agreements; $287M is being carried forward for Capital Projects, Fleet, Facilities, Technology, and Equipment; and $11M is being returned to Reserves. See attached reports for more details.
GRANT CARRYFORWARD:
The $91.4M Grant Carryforward includes $55.7M in American Rescue Plan (ARPA) funds; $19.2M in Community Service grants to assist County residents; $6.2M Fire Dept grants, including the Staffing for Adequate Fire and Emergency Response (SAFER) Grant, $3.9M in Public Works stormwater infrastructure grants; and $6.5M in other countywide grants.
PROJECT CARRYFORWARD:
INFRASTRUCTURE SALES TAX PROGRAM
The FY22 Approved Budget included 190 projects totaling $205M within the County Infrastructure Sales Tax Funds. Of that, $57M was expended and $1.7M is being closed out, leaving a total carryforward of $147M. Significant projects being carried forward include $18M for New Oxford Rd Widening, $11M for Orange Blvd (CR431) Safety Improvements, $10M for North St Corridor Improvements, and $7M for Wymore Rd Improvements.
ENVIRONMENTAL SERVICES PROJECTS
The FY22 Amended Budget included 187 projects totaling $90M in Water & Sewer Utility and Solid Waste Funds. Of that, $17M was expended and $4M is being closed out, leaving a total carryforward of $69M. Significant projects being carried forward include $5.5M for Yankee Lake Wastewater Facility and $4.5M for County Club Height Gravity Main. The Meredith Manor Distribution Project budget (CIP #00064580) is being increased by $67,840 for additional site permitting.
FIRE FUND STATIONS, FLEET, AND OTHER CAPITAL
$28.3M in Fire related capital and fleet will be carryforward, including $6.9M for Fire Station 39 servicing Sanford/Lake Mary and $6.3M for Fire Station 25 servicing Casselberry. Supply chain issues have lead to a $10.6M fleet carryforward for Fire Engines, Rescues, Towers, and other light fleet.
SHERIFF EXCESS FEE CARRYFORWARD
This Carryforward BAR will recognize $6.7M in beginning fund balance based on the return of funds in FY22, which was re-budgeted to the Sheriff’s FY23 certified transfer and approved by the Board on BAR 23-009. This amendment will return those funds to General Fund reserves.
OTHER PROJECTS
Other projects carryforward includes $5M in Leisure Services improvements, $2M in Information Services projects, and $3M in building technology upgrades. $150K is being added to the County Attorneys' budget as directed by the Board for Outside Council Fees related to the prior Tax Collector Restitution effort.
Staff Recommendation:
Staff recommends the Board approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) #23-010 in the amount of $389,142,826.56 to carryforward available balances for existing projects, grants, associated revenues, and restricted FY2022/23 Beginning Fund Balances.