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BOCC AGENDA ITEM
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| Item Title: | Annual Financial Reports from Nassau County Constitutional Officers | | Date: | 12/11/2017 | | Department: | OMB |
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| | | | | | | | | Background: | | Florida Statute 218.36 requires the County's Constitutional Officers to provide an annual financial report to the Board of County Commissioners within 31 days of the close of the fiscal year. | | Request: | | Annual Financial Reports submitted by the Nassau County Constitutional Officers are for informational purposes only; however, 1) consider approving $374,987 of residual equity from Sheriff be placed in a capital reserve fund for the purpose of constructing a public safety training center as outlined in Contract CM2233 and authorize the Chairman to sign associated Resolutions; 2) consider approving $48,285 of residual equity from Supervisor of Elections be placed in the FY17/18 SOE budget for equipment and services requisitioned in FY16/17 but not received or completed by year-end and authorize Chairman to sign associated Resolutions. | | Financial/Economic Impact to Future Years Budgeting Process or Effect on Citizens: | Excess fees are reported and returned as residual equity to the Board of County Commissioners at the close of each fiscal year. | | Action Requested and Recommendation: | | Annual Financial Reports submitted by the Nassau County Constitutional Officers are for informational purposes only; however, 1) consider approving $374,987 of residual equity from Sheriff be placed in a capital reserve fund for the purpose of constructing a public safety training center as outlined in Contract CM2233 and authorize the Chairman to sign associated Resolutions; 2) consider approving $48,285 of residual equity from Supervisor of Elections be placed in the FY17/18 SOE budget for equipment and services requisitioned in FY16/17 but not received or completed by year-end and authorize Chairman to sign associated Resolutions. | | Is this action consistent with the Nassau County Comprehensive Land Use Plan? | | NA | | Funding Source: | | Residual Equity |
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| Additional Information Needed for Contracts/Agreements (If Applicable) | | | Contract Number assigned by Contracts Management: | | N/A | | For non-governmental agencies, has the document been sent to the vendor for signature? | | N/A | | Does the document need to be recorded? If so, who will pay the recordation fee? | | N/A | | Are there any special mailing instructions? (Include contact name, address, deadline for submittal, how to mail such as express mail, FedEx, etc): | | N/A | | How many originals are needed? | | N/A |
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