Title
Auditor-Controller recommending the Board authorize the transfer of $2,969.85 accumulated from Fiscal Year 2015/16 from the County's Cash Overage Fund to the General Fund.
FUNDING: Overpayments of Funds owed to the County.
Body
DEPARTMENT RECOMMENDATION
The Auditor-Controller recommends that the Board of Supervisors authorize the transfer of $2,969.85 accumulated from FY 2015/16 from the County's Cash Overage Fund to the General Fund.
DISCUSSION / BACKGROUND
Government Code section 29380 requires that the Board of Supervisors annually approve the transfer of the balance from the County's Cash Overage Fund to the General Fund. The Cash Overage Fund is a cumulative account for payments for services received that exceed the required fees. For example, when someone wants a document recorded and they mail a check for recording fees, if the amount received is in excess of the fees charged, the County has no mechanism to "refund" these fees. Therefore the excess proceeds are placed in the Cash Overage Fund and transferred to the General Fund annually.
ALTERNATIVES
NA
OTHER DEPARTMENT / AGENCY INVOLVEMENT
NA
CAO RECOMMENDATION
Chief Administrative Office concurs with the department recommendation.
FINANCIAL IMPACT
There is no fiscal impact. These funds were included in the FY 2016-17 budget.
FOLLOW UP ACTIONS
Authorize Auditor-Controller to transfer the amount of $2,969.85 from the County's Cash Overage Fund to the General Fund.
STRATEGIC PLAN COMPONENT
Good Governance
CONTACT
Joe Harn
Auditor-Controller