Loading...
HomeMy WebLinkAboutArlene's Breakdown emailFrom:Daniel Hurtado To:Angelique Hodges Subject:SLESF / CalCOPS / AB3229 Date:Tuesday, September 17, 2024 12:27:34 PM Attachments:emergencyreadinessexpo_9d178727-f7ee-45e2-92b6-541ba95eda8f.png COPS FUNDS 2022-2023.xlsx Some information for our records. SLESF / CalCOPS / AB3229 $100,000.00 annual award based on population size Each fiscal year budget amount of $100,000 for Revenue (2290000-3423001) and Expenditure (2294210-4391400) Funds not spent in current year roll over to next year Recorded as deferred revenue (2290000-2220000) at the end of the fiscal year Amount should be an additional appropriation when grant award and plan is taken to council in October COPS growth payment, normally paid out in October/November for prior year award Additional appropriation will need to be made to spend these funds Growth payments received are included in the deferred revenue calculation at year end Monthly amounts received October through June of $8,333.33 and additional final payment for FY in June typically $33,333.36 FUND 229 has an unreserved fund balance currently in the amount of $23,730.39 from assets purchase with grant funds (not just AB3229 funds), which is available to spend to support front line law enforcement Interest received in fund 229 go to unreserved fund balance Action Account number  Notes Budgeted 2294210- 4391400 200,000.00 FY 2023/2024 Budget Adjustment 2294210- 4391400 (125,000.00) budget reclass to 1104210 Revised Budget   75,000.00 currently budgeted for AB3229 expenditures         Deferred Revenue 2290000- 2220000 76,180.13 from fy 2022/2023 Unreserved Balance 2290000- 2532000 23,730.39 prior sale of assets/accrued interest Available funds   99,910.52 requires appropriation to 2294210- 4391400 Daniel Hurtado, CCEO Public Safety Analyst City of Palm Desert 73510 Fred Waring Drive, Palm Desert, CA 92260 dhurtado@palmdesert.gov | 760.776.6414 | www.palmdesert.gov