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C-number: C-65-11-011-M

C-number: C-65-11-011-M-00
Item: #L-1
Revision: 00
Item Text
L-1. ACCEPT STATE GRANT-IN-AID FUNDS FROM THE ARIZONA STATE LIBRARY, ARCHIVES AND PUBLIC RECORDS FOR FACILITIES AND SERVICES AT THE GILA BEND BRANCH LIBRARY Accept State Grant-In-Aid Funds for Fiscal Year 2010-2011 in the amount of $73,564.00 from the Arizona State Library, Archives and Public Records. These funds are to be used to facilities and services at the Gila Bend Branch Library. Payment will be made at the completion of the improvements and the submission of a final narrative and fiscal report. Improvements must be completed by June 30, 2012. The Department of Finance has calculated the Library District's composite administrative cost rate at 7.5%. The grant allows a 0% rate for administrative fees. Unrecoverable indirect cost is $5,517.30. Also, approve a revenue appropriation adjustment to the Library District (650) Library District Grants (242) Non-Recurring Non-Project (0001) budget in the amount of $30,000.00 for FY 2010-2011 and expenditure appropriation adjustment to the Library District (650) Library District Grants (242) Non-Recurring Non-Project (0001) budget in the amount of $30,000.00 for FY 2010-2011. Also, direct the Office of Management and Budget to adjust the FY 2011-2012 revenue and expenditure budgets to account for the grant work completion by June 30, 2012. The grant requires a minimum local match in the amount of 50% of the project cost. The Library District will use current operating funds to meet this match requirement. (C-65-11-011-M-00)

1 item(s) sharing C-number base C-65-11-011-M