HomeMy WebLinkAboutMINUTES - 08161994 - 1.83 I SS3
TO: BOARD OF SUPERVISORS .'�/ COntra
�COSta
FROM: Phil Batchelor n,., ,/
,
Coun* Administrator , `v�� Cou' t
`� �OSTq,COUK�ICS'
DATE: August 16, 1994
SUBJECT: Charges and Credits for the County Health Club
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION(S):
AUTHORIZE the Auditor-Controller to waive interest charges or interest credit for the Health Club
Enterprise Fund in 1993-94 and subsequent years.
BACKGROUND/REASON(S) FOR RECOMMENDATION(S):
On February 8, 1994, the Board of Supervisors requested that the Finance Committee review the
financial status of the County Health Club. Three separate reports were submitted to and reviewed
by the Finance Committee on February 14, 28 and April 18.
As a result of discussions with members of the Finance committee, the County Administrator's
Office and the Auditor-Controller's Office, agreementwas reached to eliminate approximately$6,000
in interest charges assigned to the Club based on negative daily cash balances during FY 1993-94.
It was also determined that the Auditor's Office would not assess any future interest charges against
the Club beginning FY 1993-94 and continuing each fiscal year thereafter.
CONTINUED ON ATTACHMENT: _YES SIGNATURE: 2��
Eq-e_�
_RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATIO OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON Auaust 16 , 1994APPROVED AS RECOMMENDED X OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
_X UNANIMOUS(ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED
ABSENT: ABSTAIN: ON MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact:Tony Enea,646-4094
ATTESTED AUgUSt 16 , 1994
PHIL BATCHELOR,CLERK OF
THE BOARD OF SUPERVISORS
AND COUNTY ADMINISTRATOR
cc: CAO
Auditor-Controller
Personnel
BY ,DEPUTY