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HomeMy WebLinkAboutSummary FormDate: November 25, 2014 Commission Meeting Date: AGENDA ITEM SUMMARY FORM FILE ID: 14-01262 Requesting Department: Finance /y District Impacted: Type: (l Resolution n Ordinance ❑ Emergency Ordinance ► . Discussion Item ❑ Other Law Department Matter ID No. Subject: Quarterly Update of Non -Reimbursable Grant Expenditures: Quarter Ending, June 30, 2014 Purpose of Item: A quarterly report of expenditures incurred, but not reimbursable, shall be presented to the City Commission together with the actions needed to avoid project deficits. Background Information: In compliance with the requirements of the Financial Integrity Principles, for the only occurrence thus far in the 2014 fiscal year, for the period ending June 30, 2014, the City incurred expenses of $1,873.34, which are non -reimbursable. The expense was incurred under the South Florida Workforce grant and was disallowed due to timing difference between the payment of the expense and the end of the grant year. It's a one-time occurrence and measures have been taken to ensure that a similar issue does not recur. Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP Final Approvals (SIGN AND DATE) Bud Risk Manageme Dept. Director City Manager If using or receiving capital funds Grants Purchasing Chief C Page 1 of 1