Title
Approve and authorize the Auditor-Controller to amend the Fiscal Year 2021-22 Adopted Budget for the Monterey County Cannabis Program Budget Unit 001-1050-8533-CAO004, increasing appropriations and estimated revenue by $1,389,628 (4/5th vote required), funded by the augmentation of grant revenues from the Department of Cannabis Control. (ADDED VIA ADDENDA)
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Approve and authorize the Auditor-Controller to amend the Fiscal Year 2021-22 Adopted Budget for the Monterey County Cannabis Program Budget Unit 001-1050-8533-CAO004, increasing appropriations and estimated revenue by $1,389,628 (4/5th vote required), funded by the augmentation of grant revenues from the Department of Cannabis Control.
SUMMARY/DISCUSSION:
The Cannabis Program (Program) informed the Board of Supervisors Cannabis Committee (Committee) and the Board of Supervisors (Board) of the Local Jurisdiction Assistance Grant Program (LJAG) opportunity on July 21, 2021 and October 12, 2021, respectively. Through the LJAG, the Department of Cannabis Control (DCC) intends to provide grant funding to local jurisdictions to assist local commercial cannabis operators with transitioning from provisional to permanent state licensure.
The Program submitted an LJAG application on November 10, 2021 and received notification on December 24, 2021 for an award to be expended from January 1, 2022 through June 30, 2025. On January 11, 2022, the Board authorized the County Administrative Officer or his designee to execute a grant agreement with the DCC through the LJAG Program to receive the grant funding (Attachment A). Staff recommends the Board of Supervisors authorize increased appropriations to enable grant funded activities outlined in Attachment A to begin.
OTHER AGENCY INVOLVEMENT:
The report and Grant Agreement have been reviewed by the Office of County Counsel.
FINANCING:
Increasing appropriations funded by the $1,389,628 grant awa...
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