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HomeMy WebLinkAboutMINUTES - 06281994 - 1.78 TO: BOARD OF SUPERVISORS ;;' C0�1tra Costa FROM: County Administrator County j �;•, - ••c3v, DATE: June 28, 1994 °SrA'covK� SUBJECT: CONSULTANT REVIEW of AUDITOR-CONTROLLER'S ACCOUNTS PAYABLE FUNCTION SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION(S): 1. Accept audit report by Loder, Drew & Associates of the Accounts Payable function. 2. Commend the Accounts Payable division, Auditor- Controller's Office for performing exceptional work on a consistent basis. FISCAL IMPACT: General County revenues of$13,000 to$33,000 less a contingency fee from monies recovered from duplicate payments, payment on incorrectly billed invoices, and other related actions. BACKGROUND/REASON(S) FOR RECOMMENDATION(S): The County contracted with Loder, Drew &Associates to perform an audit of the Accounts Payable function. The audit was designed to identify duplicate payments, over-payments, missed discounts, sales and use tax errors and real estate expense overpayments. The review by Loder, Drew & Associates reveals a job well done by the Auditor-Controller's Office. Discovery of lost monies caused by Accounts Payable staff errors were virtually nonexistent. CONTINUED ON ATTACHMENT: YES SIGNATURE: _RECOMMENDATION OF COUNTY ADMINISTRATOR_RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON >2,1 9 APPROVED AS RECOMMENDED ✓OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A ✓ UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ABSENT: ABSTAIN: ON MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. Contact:Linda Bulkeley 646-4870 1// ATTESTE _119—i 9 9 7' PHIL B CH&LOR7CLERK OF THE BOARD OF SUPERVISORS Orig Dept: County Administrator AND COUNTY ADMINISTRATOR cc:Auditor-Controller Q n n n BY X!� l the e .�L�.a J ,DEPUTY The findings described below are for the period July 1, 1991 through April 30, 1994. Total Records Records with Errors 560,394 19 Total Payments Payments made in Error $1.510 billion $13,000 - $33,000 According to the consultants, the County's error rate of .00339% is significantly lower than the average error rate of .02%. Loder, Drew & Associates' clients have included such well known companies as Nike Inc., Williams Sonoma, Hyundai Motor America, House of Fabrics, Mattel, Dollar Rent a Car, and Data General Corporation. 2