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File #: 13-1134    Version:
Type: Agenda Item Status: Approved
File created: 9/5/2013 In control: Board of Supervisors
On agenda: 7/25/2017 Final action: 7/25/2017
Title: District Attorney recommending the Board receive and file the Eleventh Annual Report on Real Estate Fraud for Fiscal Year 2016/17. FUNDING: Real Estate Fraud Prosecution Trust.
Attachments: 1. 5A - FY 16-17 Real Estate Fraud Report 7-17-17, 2. 4A - FY 15-16 Real Estate Fraud Report 8-2-16, 3. 4B - FY 15-16 Budget Transfer 8-2-16, 4. 3A - Real Estate Fraud Report 8-11-15, 5. 2A - Real Estate Fraud Report 8/12/13, 6. A - Real Estate Fraud Report 10/1/13.pdf
Related files: 18-1062

Title

District Attorney recommending the Board receive and file the Eleventh Annual Report on Real Estate Fraud for Fiscal Year 2016/17.

 

FUNDING:  Real Estate Fraud Prosecution Trust.

Body

 

DEPARTMENT RECOMMENDATION

District Attorney recommending the Board receive and file the Eleventh Annual Report on Real Estate Fraud for Fiscal Year 2016/17.

 

DISCUSSION / BACKGROUND

In accordance with Government Code Section 27388(d), the Board of Supervisors is required to annually review the effectiveness of the District Attorney in deterring, investigating and prosecuting real estate fraud crime based upon information provided by the District Attorney in an annual report. 

 

ALTERNATIVES

N/A

 

OTHER DEPARTMENT / AGENCY INVOLVEMENT

Real Estate Fraud Committee

 

CAO RECOMMENDATION

Receive and file.

 

FINANCIAL IMPACT

The trust fund beginning balance as of July 1, 2016 was $205,358.84.  The FY 2016/17 revenue received, including interest, totals $140,286.23, leaving an unadjusted ending balance as of June 30, 2017 in the amount of $345,645.07. 

 

The total FY 16/17 investigation and prosecution expenditures for the Real Estate Fraud Program are estimated at $45,597.08.  The FY 16/17 estimated ending fund balance is $300,048.

 

There is no Net County Cost for this program.

 

CLERK OF THE BOARD FOLLOW UP ACTIONS

N/A

 

STRATEGIC PLAN COMPONENT

Public Safety

 

CONTACT

Megan Arevalo