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Budget Resolution Recognizing Fiscal Year 2025 State Aid to Libraries Grant Funding
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BRIEF OVERVIEW
The attached budget resolution is to recognize the FY25 State Aid to Libraries Grant funding from the State of Florida in the amount of $39,872 Operating funding and $452,674 for Equalization funding received as part of the State Aid to the Libraries Grant Program for the operation and maintenance of Countywide library services.
FINANCIAL IMPACT
The funds received will increase the General Fund by $492,546 in Grant # 37034 / GMS # 574 for the Library Services Department. The funds will be applied:
Revenues:
Fund: 0011 - General Fund, Department: 37034 - Library State Aid, Account: 3347030 - ST GRT - DOS CSFA 45.030 for $492,546.
Expenses:
Fund: 0011 - General Fund, Department: 37034 - Library State Aid, Account: 5909911 - Budget Res-Grants for $492,546.
These funds are set aside for FY25 and budgeted for FY26.
LEGAL NOTE
The Board has the authority to act upon this matter pursuant to Florida Statutes, Sec.
125.01(1) and Sec. 129.
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RECOMMENDATION
It is recommended the Board approve and authorize the Chairman’s signature on the attached budget resolution recognizing the FY25 State Aid to Libraries Grant funding.