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HomeMy WebLinkAboutMINUTES - 08091988 - 1.47 1-047 TO: BOARD OF SUPERVISORS FROM: Phil Batchelor, Contra County Administrator Costa DATE: August 9, 1988 C"""' "J SUBJECT: RECEIPT OF REPORT REGARDING THE SPECIAL DISTRICT AUGMENTATION FUND FOR 1988-1989 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND Alm JUSTIFICATION RECOMMENDATION: Acknowledge receipt of report from Auditor-Controller regarding the Special District Augmentation Fund for 1988-1989. BACKGROUND/REASONS FOR RECOMMENDATION: Attached is a report from the Auditor-Controller regarding the Special District Augmentation Fund which indicates that the estimated allocation to the Fund for 1988-1989 will be $28 ,553 ,675. In addition to the 1988-1989 allocation, it is estimated that the fund has a carry over balance from 1987-1988 of $142,627 . The estimated deposit to the fund for 1988-1989 is subject to allocation in accordance with the formula outlined in the settlement agreement between the Board of Supervisors and the United Professional Firefighters of Contra Costa County which requires that 800 of the fund must be dedicated to fire districts. The agreement further requires that 87. 50 of that amount is restricted for operational uses only with the remaining 12. 5% available for either capital or operations. Application of the formula results in the following breakdown of the total amount available in the fund: FIRE DISTRICTS Other Operations Capital (Non-Fire) Total Beginning Balance $ 0 $ 24,965 $ 117 ,662 $ 142,627 1988-1989 Allocation $19,987 , 573 $2 ,855, 367 $5,710,735 $28,553 ,675 Total $19, 987,573 $2,880, 332 $5,828, 397 $28, 696,302 ----------- ---------- ---------- ----------- ----------- ---------- ---------- ----------- On August 23 , 1988 , the Board of Supervisors will hold a hearing on the 1988-1989 final budgets for County Special Districts and Service Areas and allocation from the Special District Augmentation Fund. CONTINUED ON ATTACHMENT; _ YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOA D COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON August 9 , 1988 APPROVED AS RECOMMENDED ,� OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE X UNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. Countv Administrator �. Cc'Audi tor-Control ler ATTESTED County & Tndependent Snecia.l Districts PHIL BATCF9LOR, CLERK OF THE BOARD OF Sheriff-Coroner SUPERVISORS AND COUNTY ADMINISTRATOR County Library Public Works Department M38297 83nity Development Department BY ,DEPUTY Office of COUNTY AUDITOR-CONTROLLER Contra Costa County Martinez, California August 9, 1988 TO: Phil Batchelor, County Administrator FROM: Donald L. Bouchet, Auditor-Controller By: Sam Kimoto, Deputy County Audi SUBJECT: Amount deposited to Special Distric (Augmentation Fund for Fiscal Year 1988-89 Section 98.6 of the Revenue and taxation Code provides for the Board of Supervisors to allocate funds from the Special District Augmentation Fund to' Contra Costa special districts (includes county special districts and local special districts; excludes city subsidiary districts and multi-county districts). The total amount to be deposited in the Special District Augmentation Fund is estimated at $28,553,675. This amount includes our estimate of deposits from the supplementary roll . The Board of Supervisors must hold a public hearing within 15 days of receipt of the notice of the amount allocated to the Special District Augmentation Fund. It is necessary that independent districts be notified and a notice be published of the amount of funds available to Special Districts and the time and place of the public hearing. 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