HomeMy WebLinkAboutMINUTES - 01051993 - 1.74 1 . 74
70: BOARD OF SUPERVISORS L Contra
FROM: Phil Batchelor �;'.
County Administrator pias Costa
9, Count
Januar 5 1993
DATE: y �
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$53,900 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. 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 was established last year to
ensure that funding is available during the year to cover legal claims and audit
exceptions. $53,900 is required to cover the County's share of the ten counties' cost
in defending the Viacom Cable Television System joint appraisal. Board action is
required to release these funds for the joint defense fund.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
e
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE (S):
ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER
J
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS(ABSENT ► AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
Orig: County Administrator.
cam- Auditor-Controller ATTESTED
AS SeS Sor L BATCHELOR,CLERK OF THE BOARD OF
SUPERVIS S AND COUNT ADMINISTRATOR
a
BY UAA A AJ DEPUTY
M382 (10/88)
ib
. 74'
UDITOR-CONTROLLER
R
CONTRA COSTA COUNTY FINAL APPROVAL NEEDED BY:
*� ! APPROPRIATION ADJUSTMENT
BOARD OF SUPERVISORS
T/C 2 7
COUNTY ADMINISTRATOR
ACCOUNT CODING BUDGET UNIT:
INSURANCE SETTLEMENT B
ORGANIZATION EXPENDITURE EXPENDITURE ACCOUNT DESCRIPTION <DECREAS>E INCREASE
SUI-ACCOUNT
l00 100
1 1
0150 3550 Judgment and Damages , 53,90000
'
0990 6301 Appropriations for Contingencies 53,900100 1
0990 6301 Appropriable New Financing 1 53,900;00
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TOTALS 53,900 100 53,900 A0
APPROVED EXPLANATION OF REQUEST
AUDITOR- TROLLER
By Dote
To appropriate funds made available through partial
COUNTY ADMINISTRATOR release of Reserves for Litigation and Audit
Exceptions.
By:
BOARD OF SUPERVISORS
YES: T
ORAM
NO: None
ABSENT: None
ABSTAIN: None
Audi tor-Control l Pr 12/18/92
ONATURE TITLE DATE
By.
D Date
1/5/93 APPROPRIATION d POO
ADJ. JOURNAL NO.
CONTRA COSTA COUNTY
ESTIMATED REVENUE ADJUSTMENT
T/C 24
ACCOUNT CODING BUDGET UNIT:
GENERAL COUNTY REVENUE B.U. #0005
ORGANIZATION REVENUE
ACCOUNT REVENUE DESCRIPTION INCREASE DECREASE
loo 10o
0005 8981 Fund Balance Available 53,900 : 00
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TOTALS
53,900 .00
APPROVED EXPLANATION OF REOUEST
AUDITOR- NTROLLER
2
By. Date
COUNTY ADMINISTRATOR
/ To reflect the Board authorized reduction to the
By: �' Date 2 2 Reserve for Litigation and Audit Exceptions.
L
BOARD OF SUPERVISORS
WJPERYIM POWERS,FAHDEK
YES: "=K TOWY=
NO: None
ABSENT: None Audi tor-Controller�g�
ABSTAIN: None //SIGNATURE TITLE OaTE
By: J Dare REVENUE Am RAOO,P(bj
JOURNAL NO.
(M 815 Rev. 2/86)