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HomeMy WebLinkAboutBudget Extension - BOCC� GRANT COUNTY BOARD OF COUNTY COMMISSIONERS Memo To: Board of County Commissioners From: Janice Flynn, Administrative Services Coordinator, Ext 2937 Data April 11, 2023 Re: Budget Extension Public Hearing — Grants Administration Fund am requesting a budget extension and public hearing for the following: • Grants Administration Fund #190001, for Washington State Department of Commerce Grants in the amount of $4,611,876.00 for pass through funding for the ERAP 2.0 and CHG grants. Amount Budget Codes: Grants Admin Revenue account $3,905,000.00 #190.001.00.7610.333210000 Expense account #190.001.00.7610.518634981 Amount Budget Codes: Grants Admin Revenue account $706,876.00 #190.001.00.0000.334042003 Expense account #190-001-00-0000.565404100 This is due to Amendment C to contract #21-4619C-108, ERAP 2.0 grant adding $3,905,000.00 of additional funding and Amendments D & E to contract #22-46108-10, CHG grant adding $706,876.00 of additional funding. Thank you. cc: Katie Smith, Accounting APPROVED APR 1-$ 2023 �E QED V I LGRANT COUNTY C01AM1SS19NLRs l ---------- FINANCIAL REQUEST Requestor Janice Flynn Requester's Department Current Expense/BOCC Date 4.11,2023 Fund/Dept of Request 190.001 Capital Asset Approval No Budget Extension Yes Establish/Close Fund No Cash Transfer No Notes: Grants Administration Fund #190, for Washington State Department of Commerce Grants in the amount of $4,611,876.00 for pass through 0 funding for the ERAP 2.0 and CHG grants. This is due to Amendment C to contract #21-4619C-108, ERAP 2.0 grant adding $3,905,000.00 of additional funding and Amendments D & E to contract #22-46108-10, CNG grant adding $706,876.00 of additional funding. CAPITAL ASSET PURCHASE APPROVAL BUDGET REQUIREMENT Asset Description Expense Bdgt (w/amendments) 2,559,160 Total Purchase Expense Revenue Bdcrt (w/amendments) a 2,559,160 Less: Existing Approval Existing Cash Requirement - Additional Approval Required Additional Expense 41611,876 Capital Facility Related Additional Revenue 4?611.,876 Grant Reimbursable Additional Cash Requirement Documentation jAdditional Funding Source Grant funding BUDGET EXTENSION REQUEST Fund Name Revenue code/s Account Description Amount .Grants Administration 190.001,00.7610.333210000 ERAP 2.0.CARES ACT 3,905,000 Grants Administration .90.00 ,00.0000.334042003 CNG GRANT 706,876 41611,876 Fund Name Expense code/s Account Description Amount Grants Administration 190.001-00.7610.518634981 ERAP 2.0.GRANT SERVICES 3,905,000 Grants Administration 190-001-00.0000,565404100 CHGIESG GRANT 706,876 41611.,876 CASH TRANSFER REQUEST Fund Name (From) Code Account Description Amount (From) Fund Name (To) Code Account Description Amount (To) COMPLETED BYACCOUNTING FUND CASH SUMMARY Notes: Fund maintains reimbursable grants that occasionally cause cash balance for fund. negative Beginning Cash (10,214) 1 Existing Budgeted Expense 21559,160 Expense Ext. Requested 4,611,876 Budget Hearing: Required Existing Budget Revenue 2,559,160 Revenue Ext. Requested Estimated Ending Cash 4,611,876 (101214) 1 Reviewed By: