Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 22-314, approving a 2022 budget transfer within Grant Control Fund 130
body
DEPARTMENT: Finance
ORIGINATOR: Vanessa de Salome`
EXECUTIVE RECOMMENDATION: Approved by Ken Klein 07/27/22
PURPOSE: Approval of a budget transfer to complete the funding strategy for the purchase of property using ARPA CLFR funding in Program 506 and budget transfer to move expenditure authority from Revenue Replacement Program 516 to ARPA CLFR Program 506.
BACKGROUND: Companion to ECAF 2022-0712. A budget transfer is needed to complete the funding strategy for a hotel purchase by Snohomish County. This transfer moves $4.5M from Nondepartmental Fund 130 Program 218 to Human Services Fund 130 Program 506 and $2.0M from Human Services Fund 130 Program 516 Revenue Replacement to Program 506 ARPA CLFR. A second transfer moves expenditure authority from Revenue Replacement Program 516 to ARPA CLFR Program 506 for the Treatment/Behavioral Health planned projects/contracts in 2022 (the second transfer of $2M for the Treatment Behavioral Health is separate from the hotel purchase and is needed to allow for ARPA CLFR authority rather than Revenue Replacement authority).
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
130.57504506786201 Buildings (hotel) |
6,500,000 |
|
|
|
130.57516218784101 Prof Svc (hotel) |
-4,500,000 |
|
|
|
130.57504516784101 Prof Svc (hotel) |
-2,000,000 |
|
|
|
130.57504516784101 Prof Svc (BH/Trmt) |
-2,000,000 |
|
|
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130.57504506786201 Buildings (BH/Trmt) |
2,000,000 |
|
|
|
TOTAL |
0 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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TOTAL |
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DEPARTMENT FISCAL IMPACT NOTES: No impact to General Fund. This reallocates current budget authority within Fund 130.
CONTRACT INFORMATION:
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ORIGINAL |
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CONTRACT# |
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AMOUNT |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
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END |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by Finance - Nathan Kennedy 07/26/22