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HomeMy WebLinkAboutMINUTES - 06032014 - C.60RECOMMENDATION(S): APPROVE Appropriations and Revenue Adjustment No. 5069 to reduce appropriations and estimated revenue in the amount of $24,489,461 in the 2011 Local Revenue Fund (115300) to reflect requirements of SB 1020 (Chapter 40, Statutes of 2012). FISCAL IMPACT: No fiscal impact. BACKGROUND: This action reduces appropriations and estimated revenue in the cumulative amount of $24.5 million in budget units 0287, 0288, 0289, 0290 and 0293, which are already reflected in budget unit 0295 per SB 1020 (Chapter 40, Statutes of 2012). These actions result in a net reduction to appropriations and estimated revenue in the amount of $24.5 million, but will have no impact on service delivery or operations. This adjustment will ensure that the 2013/14 budget reflects the most up to date information and receipts in various cost centers of the 2011 Local Revenue Fund. CONSEQUENCE OF NEGATIVE ACTION: Appropriations and estimated revenue in the 2011 Local Revenue Fund will not be consistent with the requirements of SB 1020 (Chapter 40, Statutes of 2012). APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 06/03/2014 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Timothy Ewell, 925-335-1036 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: June 3, 2014 David Twa, County Administrator and Clerk of the Board of Supervisors By: Stacey M. Boyd, Deputy cc: Analiza Pinlac - Special Accounting C. 60 To:Board of Supervisors From:David Twa, County Administrator Date:June 3, 2014 Contra Costa County Subject:APPROPRIATION AND REVENUE ADJUSTMENT NO. 5069 - ADJUSTING APPROPRIATIONS IN THE 2011 LOCAL REVENUE FUND CHILDREN'S IMPACT STATEMENT: No impact. ATTACHMENTS Appropriation & Revenue Adjustment No.5069