Title
Accept LSTA (Library Services and Technology Act) Grant
Summary
Description of Topic: (who, what, where, when, why and how much)
The Foley Public Library has been awarded an LSTA Grant of $6,000.00 to be used toward the purchase of materials in support of the home-school collection. The grant requires a 25% match fund which will be re-allocated from the 04-600-5100 (Books) account to the 04-600-8077 (LSTA) account which will have to be reactivated. The funds must be expended by June 30, 2016.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
__X__ Not budgeted requiring increase of $6,000 in revenue and $7,500 in expense with a transfer to offset the $1,500 net loss.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, resolution 15-2113 approved the Foley Public Libary's application for a $5,000 LSTA grant with a 25% match ($1,250), and
WHEREAS, the award amount of the grant was $6,000 with a 25% match ($1,500), and
WHEREAS, the Foley Public Library has designated the expenditure of the grant to purchase materials in support of the home-school collection.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Accepts the award of the $6,000.00 LSTA grant and approves $1,500 in matching funds for the purchase of materials in support of the home-school collection.
SECTION 2: Appoints John Jackson to serve as the grant manager, who will be responsible for submitting all required reports to the granting agency and to the city's grant administrator.
SECTION 3: Amends the budget as follows: Transfers $1,500 from expense account 04-600-5100 (Books) to reactivated expense account # 04-600-8077 (LSTA) for the match; increases revenue account # 04-5848 by $6,000.00 and expense account 04-600-8077 by an additional $6,000 (zero net budgetary affect) to reflect the grant award.
SECTION 4: This Resolution shall become effective immediately upon its adoption as required by law.