Title
A RESOLUTION CONCERNING LOCAL IMPACT GRANT FUNDS MULTIYEAR PLAN for the purpose of transmitting the Local Impact Grant Funds Multiyear Plan to the County Council for review and approval.
Background
Pursuant to CB-88-2015, this resolution will approve the supplemental Local Impact Fund Multiyear Plan for FY 2026. The spending plan details the planned use of video lottery terminal taxes for FY 2026 that are derived from $950,000 in unused previously awarded funds and cumulative Local Impact Fund balance of $3,103,700. The FY 2026 supplemental spending plan totals $4,053,700 and allots funding to the following: Community Impact Grants. The proposed multi-year spending plan is subject to changes based upon the County’s annual budget process.