Subject:
Title
Amendment by resolution for the Fiscal Year 2025 Capital Budget for unanticipated receipt of funds in the American Rescue Plan Act Fund and to realign appropriations for Capital Projects in the American Rescue Plan Act Fund.
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Recommended Action:
Recommended Action
Adopt the attached amendment by resolution for Fiscal Year 2025 to recognize and appropriate unanticipated receipt of funds in the American Rescue Plan Act (ARPA) Fund and realign appropriations for Capital Improvement Program (CIP) projects in the ARPA Fund.
• Resolution will recognize $486,950.00 in unanticipated revenue in the ARPA Fund.
• Resolution will realign $323,110.00 from CIP project 46th Avenue North from 49th Street North (CR 611) (002131A), $251,220.00 from the ARPA Human Services Software System Modernization (006003A), and $120,600.00 from the ARPA Pinellas County Consolidated CAD and GIS Integration Project (006011A).
• Resolution will appropriate $274,460.00 to Grand Canal Dredging in Tierra Verde (004607A), $292,410.00 to Highpoint: Russell Avenue Connection (006030A), $494,410.00 to Safe Routes to School (006033A), and $120,600.00 to Transfer to General Fund.
• Additionally, the Resolution recognizes $120,600.00 in unanticipated revenue for the General Fund from the ARPA Fund transfer, which is revenue replacement, and appropriates $120,600.00 to Safety and Emergency Services (SES) for Personnel Services expenditures. It also realigns $120,600.00 from SES General Fund to General Fund Reserves for future contingency needs.Body
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Strategic Plan:
Deliver First Class Services to the Public and Our Customers
5.2 Be responsible stewards of the public’s resources
5.3 Ensure effective and efficient delivery of county services and support
Summary:
Summary
The attached resolution aims to ensure ARPA funding awarded to the County and allocated to CIP projects will meet the ARPA encumbrance deadline of December 31st, 2024.
Through this resolution CIP projects with a remaining ARPA allocation that has not been encumbered or spent would have the balance of this unspent or unencumbered allocation reappropriated to other CIP projects in the ARPA Fund that will have this allocation encumbered by the deadline. Available ARPA funding to be reappropriated through this resolution includes unanticipated revenue that is a result of unexpended balances of appropriations at the end of FY24.
Additionally $120,600 is being transferred out of the ARPA Fund to General Fund to support Safety and Emergency Services (SES) with Personnel Services expenditures.
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Background Information:
The intent of the attached resolution is to reappropriate ARPA funding for CIP projects, that has not been encumbered or spent, to other ARPA funded CIP projects that are on track to meet both the ARPA obligation deadline of December 31st, 2024 and the ARPA expenditure deadline of December 31st, 2026, to ensure awarded ARPA funding is spent.
ARPA funding is available for realignment due to projects completing under budget, awarded vendor bids that came in under estimate, and budgeted funding from other sources such as Penny for Pinellas.
Unanticipated revenue to be recognized in the ARPA Fund for FY25 is a result of unexpended balances of appropriations at the end of FY24.
Additionally, the $120,600 realignment from ARPA Pinellas County Consolidated CAD and GIS Integration Project to Transfer to General Fund is to support SES with Personnel Services expenditures. The General Fund will receive this as revenue replacement and appropriate $120,600 to Safety and Emergency Services for Personnel Services expenditures. $120,600 will also be realigned from SES to General Fund Reserves for future contingency needs.
Fiscal Impact:
The attached resolution will:
• Resolution will recognize $486,950 in unanticipated revenue in the ARPA Fund.
• Resolution will realign $323,110 from CIP project 46th Ave N from 49th St N. (CR 611) (002131A), $251,220 from the ARPA Human Services Software System Modernization (006003A), and $120,600 from the ARPA Pinellas County Consolidated CAD and GIS Integration Project (006011A).
• Resolution will appropriate $274,460 to Grand Canal Dredging in Tierra Verde (004607A), $292,410 to Highpoint: Russell Ave Connection (006030A), $494,410 to Safe Routes to School (006033A), and $120,600 to Transfer to General Fund.
• Additionally, the Resolution recognizes $120,600 in unanticipated revenue for the General Fund from the ARPA Fund transfer, which is revenue replacement, and appropriates $120,600 to Safety and Emergency Services for Personnel Services expenditures. It also realigns $120,600 from SES General Fund to General Fund Reserves for future contingency needs.Body
Staff Member Responsible:
Chris Rose, Director, Office of Management and Budget
Kristen Pittman, Budget and Financial Management Analyst
Gabriella Gonzalez, Budget and Financial Management Analyst
Shane Kunze, Budget and Financial Management Analyst
Partners:
N/A
Attachments:
RES-24-XX
Notice of Public Hearing