title
ITEM: RESOLUTION NO. R2014-72 (KEELY SPINELLI GRANT GUIDELINES)
A RESOLUTION OF WELLINGTON, FLORIDA'S COUNCIL AMENDING THE KEELY SPINELLI GRANT GUIDELINES ESTABLISHED BY RESOLUTION NO. R2013-61 TO ALLOW ANY UNENCUMBERED FUNDS TO BE RETAINED AND UTILIZED BY THE SCHOOLS TO CONTINUE ALLOWABLE EXPEDITURES AS DEFINED; AND PROVIDING AN EFFECTIVE DATE.
REQUEST: Approval of Resolution No. R2014-72 amending the Keely Spinelli Grant Guidelines to allow any unencumbered funds to be retained and utilized by the schools to continue allowable expenditures for the following school year.
body
EXPLANATION: The current Grant Guidelines require each school to return all funds not encumbered by May 31st back to the Village of Wellington. The Education Committee recognizes that, due to the current distribution schedule of the grant funding, it is difficult for participating schools to meet the current expenditure deadline. They have requested that any unencumbered funds be retained by the school and utilized to continue allowable expenditures as defined.
BUDGET AMENDMENT REQUIRED: NO
PUBLIC HEARING: NO QUASI-JUDICIAL:
FIRST READING: SECOND READING:
LEGAL SUFFICIENCY: YES
FISCAL IMPACT: No additional fiscal impact. Grant funding approved during the annual budget process.
WELLINGTON FUNDAMENTAL: Protecting our Investment
RECOMMENDATION: Approval of Resolution No. R2014-72 amending the Keely Spinelli Grant Guidelines to allow any unencumbered funds to be retained and utilized by the schools to continue allowable expenditures for the following school year.