HomeMy WebLinkAboutMINUTES - 07232002 - C91 TO: BOARD OF SUPERVISORS $ Contra
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FROM: JOHN CULLEN, DIRECTOR ,• Costa
Employment and Human Services Department �,
DATE: July 17, 2002 sr--- ---- Ccru my
.01 �
SUBJECT: interest Payment to State for TANF Incentive Fund
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDED ACTION:
APPROVE and AUTHORIZE the Auditor-Controller to issue a warrant in the amount of
$58,669.36 on behalf of Contra Costa County to the State of California for interest earned on
TANF Incentive Funds from October 1, 2001 through June 30, 2002.
FINANCIAL IMPACT:
$58,669.36; 100% County General Fund.
BACKGROUND:
State of California County Fiscal Letter 0110241, dated December 19, 2001 directed the
County Welfare Director to remit interest earned on Temporary Aid for Needy Families (TANF)
Performance Incentive Funds earned through September 30, 2001 to the State By January 31,
2002. It further directed that interest earned between October 1, 2001 and June 30, 2002 be
remitted to the State no later than July 31, 2002
An initial payment in the amount of$1,396,410.89 was approved by the Board of Supervisors
on January 22, 2002. Approval of this action will allow the Auditor-Controller to remit the
second and final payment as required.
CONTINUED ON ATTACHMENT: SIGNATURE: 'd -�
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RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
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ACTION
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ACTION OF BOARD ON APPROVE AS RECOMMENDED OTHER
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VOTE OF SUPERVISORS f -'` I HEREBY CERTIFY THAT THIS IS A TRUE
AND CORRECT COPY OF AN ACTION TAKEN
UNANIMOUS(ASSENT._., ) AND ENTERED ON THE MINUTES OF THE
BOARD OF SUPERVISORS ON THE DATE
AYES: NOES: SHOWN.
ABSENT: ABSTAIN:
ATTESTER
CONTACT: Jim Takahashi,313-1653HN SWEETEN,CLERK OF
THt BOARD OF SUPERVISORS AND
COUNTY ADMINISTRATOR
CC: EHSD
Auditor Controlier
CAO
BY "`- '� ,i DEPUTY