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HomeMy WebLinkAboutMINUTES - 07072009 - C.11RECOMMENDATION(S): APPROVE Appropriation Adjustment No. 5109 transferring designated fleet accumulated depreciation in the General Fund to the Fleet Internal Service Fund. FISCAL IMPACT: This action transfers $3,632,006 of designated fleet accumulated depreciation from the General Fund to the Fleet Internal Service Fund. BACKGROUND: Beginning with fiscal year 2008/2009, the County implemented a Fleet Internal Service Fund (ISF) for general fund fleet vehicles. The intent of the Fleet ISF is to centralize the County's fleet to promote a stable source of funding, increase efficiency of procurement, and facilitate regular scheduled replacement of County vehicles. A portion of the General Fund fleet accumulated depreciation ($3,632,006) associated with these vehicles supplied the initial capital to establish the ISF. CONSEQUENCE OF NEGATIVE ACTION: The transfer of designated General Fund to the Fleet Internal Service Fund is necessary to APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 07/07/2009 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Mike Lango, 313-7100 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: July 7, 2009 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: Celicia Nelson, Deputy cc: GSD Admin, GSD Accounting, CAO, Auditor-Controller C.11 To:Board of Supervisors From:Michael J. Lango, General Services Director Date:July 7, 2009 Contra Costa County Subject:Appropriate Transfer of Accumulated Depreciation from General Fund to Fleet Internal Service Fund cover vehicle purchases already made during FY2008/2009. CHILDREN'S IMPACT STATEMENT: ATTACHMENTS ISF Start up TC-24 ISF Start up TC-27