Public Hearing: YES ☐ NO ☒ Department: Finance
SUBJECT:
Title
Commission District(s): All Commission Districts
FEMA Reimbursement and Reserve Appropriations
Body
Information Contact: Dianne McNabb, Chief Financial Officer
Phone Number: 404-371-2745
PURPOSE:
To accept FEMA reimbursement totaling $1,858,361.12, for costs associated with Hurricane Irma emergency preparation and clean-up, and to appropriate those funds to a reserve for future capital appropriation, including major repairs and maintenance.
NEED/IMPACT:
This will recognize and set aside funds for future capital appropriation, as needs are prioritized.
FISCAL IMPACT:
The availability of these funds will allow for the appropriation of currently unfunded capital needs, including major repairs and maintenance.
RECOMMENDATION:
Recommended Action
To accept FEMA reimbursement totaling $1,858,361.12, for costs associated with Hurricane Irma emergency preparation and clean-up, and to appropriate those funds to a reserve for future capital appropriation, including major repairs and maintenance.