Item Coversheet



BOCC AGENDA ITEM


Item Title:Annual Financial Reports from Nassau County Constitutional Officers
Date:12/14/2020
Department:Office of Management & Budget
Background:

Florida Statute 218.36 requires the County's Constitutional Officers to provide an annual 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, consider approving $353,230.27 of residual equity from the Sheriff be placed in a capital reserve fund for the purpose of constructing a public safety training center as outlined in Contract No. CM2233.  If approved, budget to be amended with the cash forward Public Hearing after the beginning of the year.

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, consider approving $353,230.27 of residual equity from the Sheriff be placed in a capital reserve fund for the purpose of constructing a public safety training center as outlined in Contract No. CM2233.  If approved, budget to be amended with the cash forward Public Hearing after the beginning of the year.

Is this action consistent with the Nassau County Comprehensive Land Use Plan?
NA
Funding Source:

Residual Equity
01000000-386201 CLERK
01000000-386601 PROPA
01000000-386401 SHERF; 26252525-386401 SHERF
01000000-386801 SOE
01000000-386701 TAXCO; 03000000-386701 TAXCO; 04000000-386701 TAXCO; 36000000-386701 TAXCO


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

ATTACHMENTS:
DescriptionUpload DateType
FY19-20 Clerk of Court11/16/2020Cover Memo
FY19-20 Property Appraiser11/16/2020Cover Memo
FY19-20 Sheriff's Office11/16/2020Cover Memo
FY19-20 Supervisor of Elections11/16/2020Cover Memo
CM2233 Interlocal Agreement11/16/2020Cover Memo
FY19-20 Tax Collector11/30/2020Cover Memo