HomeMy WebLinkAboutMINUTES - 12182001 - C.138 TO:. BOARD OF SUPERVISORS =s ... Contra
= :
FROM: William B. Walker, M.D. _ = COSta
Health Services Director e.. -
- = County
DATE: November 19, 2001 A �o�K�'^ p
SUBJECT: Interest Bearing Accounts
/SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION:
RECOMMENDATION:
1) Direct the Auditor-Controller's Office to establish an interest bearing trust fund and place
$24,249.75 in the trust fund, pursuant to the requirements of the California Integrated Waste
Management Board (CIWMB).
2) Direct the Auditor-Controller's Office to establish an interest bearing Special Revenue Fund
for the Health Services Department's Community Substance Abuse Services Division
(Budget Unit # 0466) and to deposit into this Fund, all Proposition 10 monies received from
the Contra Costa Children and Families Commission.
BACKGROUND:
1) The Environmental Health Division of the Health Services Department receives
approximately $25,000 per year from the CIWMB. As of July 1, 2000, the CIWMB requires
grantees to place advance payments in an interest-bearing account and to use interest
derived from this account for eligible grant expenses. Unused funds, as well as any unused
interest earnings are required to be returned to the CIWMB at the end of the grant term. "
2) In 1998, California voters passed Proposition 10 that assessed an additional 50 cents to the .
price of a pack of cigarettes. The funds resulting from this assessment are paid out to each
county by the State. The funds received by Contra Costa County are administered by the
Contra Costa Children and Families Commission under a strategic plan approved by the
State. The monies are to be used to fund local programs, services and activities to improve
the lives of children aged zero through five and their families. Funds allocated by the
Commission to the Health Services Department's Community Substance Abuse Services
(CSAS) Division are to be held in an interest bearing account until such time as the CSAS
Division has expended the allocation plus any interest earnings that may have accrued on
the funds.
CONTINUED ON ATTACHMENT: XX NO SIGNATURE: �1/ / �
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE.
APPROVE OTHER
SIGNATURE(S): r
------------------------ - ---=------------ ----- ---- -- ---------------------------------------------------------=------------------------------------------
ACTION OF BO ON ��o�p,� .ir /Xr2�OI APPROVE AS RECOMMENDED Oft
VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE
Won
CORRECT COPY OF AN ACTION TAKEN
UNANIMOUS(ABSENT p'V on e-, ) AND ENTERED ON THE MINUTES OF THE
BOARD OF SUPERVISORS ON THE DATE
AYES: NOES: SHOWN.
ABSENT: ABSTAIN: p
ATTESTED
CONTACT: Patrick Godley,CFO JOHN SWEETEN,CLERK OF THE BOAR OF
SUPERVISORS AND COUNTY ADMINISTRATOR
CC: William Walker,M.D.
Patrick Godley,CFO
George Washnak,Controller
BY / EPUTY