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HomeMy WebLinkAboutMINUTES - 08061991 - 1.58 1005(9 AUDITOR-CONTROLLER USE ONLY • CONTRA COSTA COUNTY FINAL APPROVAL NEEDED BY: APPROPRIATION ADJUSTMENT ® BOARD OF SUPERVISORS T/C 2 7 COUNTY ADMINISTRATOR P ACCOUNT CODING BUDGET UNIT: Insurance/Settlement B.U. # 0150 ORGANIZATION EXPENDITURE SUR-ACCOUNT EXPENDITURE ACCOUNT DESCRIPTION DECREAS> INCREASE 0150 3550 Judgement and Damages 100 382, 521100 0990 6301 Appropriations for Contingencies 382, 521100 0990 6301 Appropriable New Financing I 382 , 521100 I I I I I I I I I I I I I I I I I I 1 I 1 I I I I I I } I I 1 I I I 1 I I I I I I I I 1 I I I TOTALS 382, 5.2 110 0 765, 042 100 APPROVED EXPLANATION OF REQUEST AUDITOR-CONTROLLER To appropriate funds made available through partial release of Reserves for litigation By: Dote '7-"Z-?land Audit Exceptions 61/ COUNTY ADMINISTRATOR By: — Date _ BOARD OF SUPERVISORS s@ERVMS 10wERS.fAFIDEN, YES: ,A, NMCrfWTOMAKSON NO. `"!zv/K Phil Batchelor,Clerk of the Board of Deputy Supervisors and County AdministratorQ� County Auditor -)z-- AUG 6 1991 SI NA RE TITLE ATE By: Date APPROPRIATION AP00S36_-� ADJ. JOURNAL NO. . (M 129 Raw P/86) SEE INSTRUCTIONS ON REVERSE SIDE CONTRA COSTA COUNTY ESTIMATED REVENUE ADJUSTMENT T/C 24 ACCOUNT CODING BUDGET UNIT: General County Revenue B.U. #0005 OACAMIZATION ACCOUNT REVENUE DESCRIPTION INCREASE <DECREASE> 0005 8981 Fund Balance Available 382 , 52100 100 I f I ' I I I I I I f • I l f i f I I I I I I I I I I I I . I I I I I I I I TOTALS 382, 521 00 f APPROVED EXPLANATION OF REQUEST AUDITOR-CONTROLLER To reflect the Board authorized reduction to By: Dote the Reserve for litigation and Audit Exceptions. COUNTY ADM NISTRATOR By: Dote -12 '1 4' BOARD OF SUPERVISORS SUPERVISORS POWERS,FAHDEN, YES: SCHRODER,MCPEA&TORW.SON NO: L- 'tel Deputy y. County Auditor -7-1--1 Phil Batchelor, Clerk of the Board of I G N AT U R E T I T L E DATE Supervisors and County Administrator AUG ll BY; Date REVENUE ADJ. R A00-<J 6_r_ JOURNAL NO. (M 8134 Rev. 2/66) To: BOARD OF SUPERVISORS �� FROM Phil Batchelor Cwtra County Administrator DATE: July 23, 1991 SUBJECT: TRANSFER FROM RESERVE FOR LITIGATION AND AUDIT EXCEPTIONS SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION: Authorize the Auditor-Controller to reduce the Reserve for Litigation and Audit Exceptions by $382, 521 . 33 and transfer funds to the Insurance/Settlements budget unit. FINANCIAL IMPACT: Based on recommendations from the Auditor-Controller and the County Administrator, your Board has established budgetary reserves in order to cover potential costs due to litigation and audit exceptions. The recommended action would reduce the reserve in order to allow payment of litigation and audit exception accounts which have now been finalized. Because existing reserves were appropriately established, this action will have no financial impact on current operations BACKGROUND: A budgetary reserve for litigation and audit exceptions is established each year to ensure that funding is available during the year to cover legal claims and audit exceptions. $363, 030 . 51 is required to make the current year' s payments due under the 1988 Court Fines and Forfeitures settlement with the Cities. $16, 490. 82 is needed to settle an audit exception related to the Check Clearing Account. $3 , 000 . 00 is needed for a settlement agreement with the City of Pittsburg. Board action is required to release these funds to liquidate the obligations. COURT FINES SETTLEMENT: Per the agreement between the County and cities within the County which receive. court fines and fees, the county will make up the difference between the actual fees received and distributed during the year and the $685 , 600 installment due in 1990-91. The settlement amount is $363, 030 . 51 . X CONTINUED ON ATTACHMENT: _^ YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE _ APPROVE OTHER SIGNATURE S : ACTION OF BOARD ON _ __- APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS 1' HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS (ABSENT �� ) AND CORRECT COPY OF AN ACTION TAKEN AYES: _ NOES*.--- ANO ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ONTHEDATE SHOWN. cc*, AUGTTESTED "'U"' 6 1991 PHIL BATCHELOR, CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR BY ,DEPUTY M382/7-83 Page 2 TRANSFER FROM RESERVE FOR LITIGATION AND AUDIT EXCEPTION CHECK CLEARING ACCOUNT AUDIT: The Treasurer-Tax Collector and the Auditor-Controller recommend clearing an audit exception of $16 , 490 . 82 in the County' s check clearing account with Wells Fargo. The amount, unchanged since 1987 , consists of unresolved in-transit differences with the bank dating back to 1983 when the County was required by the bank to change from a warrant basis to a check basis. SETTLEMENT AGREEMENT WITH CITY OF PITTSBURG: A settlement agreement has been executed in City of Pittsburg v. County of Contra Costa, et.al. (Contra Costa County Superior Court No. C89-05073) Included in the terms of this agreement is the requirement that Contra Costa County issue payment in the amount of $3 , 000 . 00 to the City of Pittsburg.