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HomeMy WebLinkAboutMINUTES - 12032002 - C139 TO: BOARD OF SUPERVISORS Contra FROM: JOHN SWEETEN, t COUNTY ADMINISTRATOR ; DATE: November 21, 2002 County x.15 SUBJECT'. UNEXPENDED RESIDENTIAL CARE FACILITY FUNDS/HEATH SERVICES SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECONCMENDATIONS: ACCEPT information regarding close out of the 2001/2002 County Budget and approved final adjustments to the 2002/2003 County Budget. FISCAI,IMPACT: None. At year-end the Enterprise I hand will experience a fund balance requirement of$800,000,which will be transferred from general Fund balance. The General Fund balance transfer of$800,0001 will be generated by the cancellation of$800,000 in encumbrances from the Residential Care Facility account in general Services. BACKGROUND: On September 24, 2002, the Board approved consent item C.26 which approved adjustments to close out the 2001/2002 County Budget and approved final adjustments to the 2002/2003 County Budget including appropriations, revenues, reserves and fund balances consistent with the Board's direction on August 13, 2002. As part of the final 2002/ 003 technical adjustment process $800,000 was to be transferred from an unexpended Residential Care Facility property acquisition account in general Services to the hospital Enterprise I Fund. Due to a misunderstanding during the close out of the 2001/2002 budget, the general Services Department encumbered the unexpended $840,000. Article, §29130 (b) of Accounting Standards and Procedures specifically excludes the availability for appropriation reserves for encumbrances. Therefore the encumbered $800,000 cannot simply be "unencumbered" and transferred to the Enterprise Fund. The problem will be corrected at year-end. At that time the Enterprise I fund will experience a fund balance requirement of $800,000, which will be transferred from General Fund balance. The general Fund balance transfer of $800,000 will be generated by the elimination of$800,000 in encumbrances from the .Residential Care Facility account in General Services. CONTINUED ON ATTACHMENT: —YES SIGNA E: ..............y....._._..._-____-_----___----._.._.___...____...._._. RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURES c --------...... ____. `__�_�: ..:-:............_....___._...__.._._.....�. ._._.__._.__._--_--------.-._.N---------_._ACTION OF BOARD ON APPROVE AS RECOMMENDED xx OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN UNANIMOUS(ABSENT Mone ) AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE AYES: NOES: SHOWN. ABSENT: ABSTAIN: ATTESTED December , 2002 CONTACT: JOHN SWEETEN,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR CC: County Counsel CAO-Justice System Programs Auditor-Controller(contracts) BY ". �' ti '` -- DEPUTY