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Notification From Hernando County Sheriff’s Office Announcing Return of Excess Funds for FY 2023-24
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BRIEF OVERVIEW
Pursuant to FS 218.36, the attached email confirms the receipt of funds returned from the Hernando County Sheriff’s Office (HCSO) to the to Hernando County’s General Fund and Inmate Revenue Fund for fiscal year ending September 30, 2024.
The fund amounts are summarized below:
• General Fund (0011) - Miscellaneous Revenues: $588,048.62.
• General Fund (0011) - Unspent Appropriations: $138,202.22.
• General Fund combined total is: $726,250.84.
• HCSO Inmate Revenue Fund (1203) - Unspent Appropriations to be deposited into Fund 1203 HCSO Inmate Revenue Fund: $158,719.73.
FINANCIAL IMPACT
Excess funds returned to the Board by the HCSO in the amount of $884,970.57, with $726,250.84 going to the GF and $158,719.73 for the HCSO Inmate Revenue Fund.
LEGAL NOTE
The return of excess funds is made pursuant to Section 218.36, Florida Statutes.
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RECOMMENDATION
For informational purposes only; no action is required.