HomeMy WebLinkAboutMINUTES - 05222007 - C.26 L
TO: BOARD OF SUPERVISORS �'E--- �-��' Contra
FROM: John Culleno. �' 's
Costa
County Administrator o
����� == � •'� county
DATE: May 22, 2007
COST'4 COU. �~
SUBJECT: Appropriation Adjustment for 500-555 School Street Property Proceeds
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
APPROVE Appropriations Adjustment No. 5118 in the amount of $1,623,700 authorizing
the transfer of appropriations from the Hospital Fund 145000 to the County General Fund
100300.
FISCAL IMPACT:
Appropriation adjustment will increase the General Fund by $1,623,700.
BACKGROUND/REASON(S) FOR RECOMMENDATION(S):
The County property at 500 - 555 School Street Pittsburgh was approved for sale to the
City of Pittsburgh Redevelopment Agency in August 2005. The property consisted of
facilities used in the operation of the County Hospital and was therefore recorded as a
Fixed Asset in EF1 Fund 145000. The sale of this property was recorded in a manner
consistent with General Accepted Accounting Principles GAAP. Cash proceeds from the
sale in the amount of $1,623,700 were deposited into EF1 Fund 145000 in FY 2005/06.
The cash proceeds from this sale may be used for a Richmond Health Clinic construction
project. It is recommended that proceeds be transferred to the County General Fund and
held as a Fund Balance Designation until a project is identified. This action by the County
Board of Supervisors is intended to authorize a FY 2006/07 Interfund Contribution of
$1,623,700 from the Hospital Fund 145000 to the County General Fund 100300.
CONTINUED ON ATTACHMENT: 2fES ❑ NO SIGNATURE:
--------------------- ----------------------------------------------------------------------------------------- -------- -- --------- ------------
_�FtECOMMENDATION OF COUNTY ADMINISTRATOR _RECOMMENDATION OF BOARD COMMITTEE
✓APPROVE _OTHER
SIGNATURE(S):
--------------------------- - ------ - -- - ----- -----------------------------------------------------------------Z----------------------------------------
ACTION OF BOA N 140? -Z",-'-APPROVE AS RECOMMENDED OTHER
VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE
AND CORRECT COPY OF AN ACTION TAKEN
/UNANIMOUS(ABSENT AND ENTERED ON THE MINUTES OF THE
BOARD OF SUPERVISORS ON THE DATE
AYES: NOES: SHOWN.
ABSENT: ABSTAIN:
ATTESTED:
CONTACT: Lisa Driscoll 335-1023 JOI-14tULLEN,CLERK OF THE BOARD
OF SUPERVISORS AND COUNTY
ADMINISTRATOR
CC: Lisa Driscoll,CAO
Health Services
Auditor-Controller
BY DEPUTY
AUDITOR-CONTROLLER USE ONLY
CONTRA COSTA COUNTY FINAL APPROVAL NEEDED BY:
APPROPRIATION ADJUSTMENT rX BOARD OF SUPERVISORS
T/C 27 F__j COUNTY ADMINISTRATOR
ACCOUNT CODING BUDGET UNIT: Plant Acquisition Health Services(0111 -4419)
EXPENDITURE
ORGANIZATION SUB-ACCOUNT EXPENDITURE ACCOUNT DESCRIPTION <DECREASE> INCREASE
4419 4252 New Richmond Health Center 1,623,700 00
OR90 6301 Reserve for Contingencies 1,623,700 00
0990 6301 Appropriable New Revenue 1,623,700 00
TOTALS 1,623,7001001 3,247,4001 00
APPROVED EXPLANATION OF REQUEST
AUDITOR-CONTROLLER: '/
BY: ✓'aw �' /`�dA DATE 5-NOF Transfer of revenue from the Hospital Fund (145000)to the General
Fund(100300)for the new Richmond Health Center.
COUNTY ATRATOR:
BY: /Li ,L^� 'l DATEC ( OJ
AYES: Gioia, Uilkema, Bonilla,
Glover and Piepho
NOES: None
ABSENT: None
ABSTAIN: None
. ( ( MA 11 4/27/2007
JlF1ACsta 1 �� SIGNATURE TITLE DATE
�7
APPROPRIATION APOO 67I g
BY: DATE a 'Z`�j .2zte ADJ.JOURNAL NO.
CONTRA COSTA COUNTY
• ESTIMATED REVENUE ADJUSTMENT
TIC 24
ACCOUNT CODING BUDGET UNIT: PLANT ACQUISITION HEALTH SERVICES(0111), FUND 100300
REVENUE
ORGANIZATION ACCOUNT REVENUE ACCOUNT DESCRIPTION INCREASE <DECREASE>
4419 9967 Contributions from Other Funds 1,623,700 00
TOTALS 1,623,700 001 ol 00
APPROVED EXPLANATION OF REQUEST
AUDITOR-CONTROLLER:
,
T,ROLLER: ` Increase anticipated revenue from sale of 550 School
/'
BY: � 0 'Aa�oi* DATE sy9/fl7 Street(Hospital Fund 145000).
COUNTY A I ISTRATOR:
BYc l� , r DATES
AYES: Gioia, Uilkewa, Bonilla,
Glover and Piepho
NOES: None
ABSENT: None
ABSTAIN: None
A"W.FNI'vF91H If te SIU of S"108All 412712007
REVENUE ADJ.
RA00
BY: DATE �� ! JOURNAL NO. ✓`��8