Title
Consider a resolution authorizing the Mayor to execute the FY 2021 "Equitable Sharing Agreement and Certification" confirming the City's receipt and expenditure of federal asset forfeiture awards and agreeing to continue to participate in the receipt of federal forfeiture awards.
Body
This document is the annual report to the federal government that (a) confirms our receipt and expenditure of asset forfeiture awards from federal courts and (b) agrees to continue to participate in the receipt of federal forfeiture awards. These funds are part of what goes into the City’s Law Enforcement Fund every year.
In FY 2021, the Department started with a balance of $13,639.92 in federal asset forfeiture awards - Most of which came from Treasury Department awards and the balance from Justice awards. During the year, we received an additional $2,368.10 award through court process and interest income of $89.28.
From these funds, the Department spent $7,072.70 to help pay for the Axon project that replaced in-car and body worn cameras. The final balance for FY 2021 was $7,571.21.
The second part of the document is an annual affidavit and agreement that allows the city to continue to receive federal awards from asset forfeiture proceedings.