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File #: 17-0387    Version: 1
Type: Agenda Item Status: Approved
File created: 3/31/2017 In control: Board of Supervisors
On agenda: 4/18/2017 Final action: 4/18/2017
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.
Attachments: 1. A - Cash Overage JHarn Ltr 03-24-17 BOS 4-18-17

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