Title
A Resolution of the City Commission authorizing an encumbrance in the amount of $79,675 or 25% of State Forfeited Asset Fund (F.A.F.) moneys received in the 2019-2020 Fiscal Year, to provide for the support and operation of school resource officer, crime prevention, safe neighborhood, and drug abuse prevention programs, as required under the Florida Contraband Forfeiture Act; and authorizing an amendment to the Fiscal Year 2021-2022 annual budget to recognize the transfer from reserve of State Forfeiture Funds as revenue and appropriating such funds to put toward the cost of the items described above.
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State Forfeited Asset Funds (F.A.F.) consist of the proceeds from the seizure and forfeiture of certain assets identified during criminal investigations to have been possessed or utilized in violation of the Florida Contraband Forfeiture Act.
Florida State Statute 932.7055(5)(c)(3) requires that a local law enforcement agency receiving more than $15,000 pursuant to the Florida Contraband Forfeiture Act within a fiscal year must expend or donate no less than 25% of such proceeds for the support or operation of crime prevention, drug abuse prevention, school resource officer or safe neighborhood programs.
In the 2019-2020 Fiscal Year, deposits in the amount of $318,692.33 were made to the State Forfeited Assets Fund account. This allows for a 25% encumbrance of $79,675 under the Florida Contraband Forfeiture Act.
City leadership have reviewed, vetted, and approved the Coral Gables Chief of Police’s request to encumber and expend as needed the available forfeited asset funds via memorandum dated May 11, 2022.