Title
District Attorney's Office recommending the Board re-approve and authorize the Chair to sign the corrected FY 2020-21 budget transfer allowing the remaining fund balances for each Special Revenue Fund account to be transferred out, preceding the closure of each fund. (4/5 vote required)
FUNDING: Federal Equitable Sharing (Prior to 6/5/07) Fund, Multidisciplinary Center (MDIC) Fund, & Vehicle Theft 9250.14 Fund.
Body
DISCUSSION / BACKGROUND
On February 9, 2021, the Board approved the closure of the following District Attorney Special Revenue Funds due to inactivity:
a). Org: 2270701 - Federal Equitable Sharing (Prior to 6/5/07)
b). Org: 2270750 - Multidisciplinary Center (MDIC)
c). Org: 2270760 - Vehicle Theft 9250.14
Additionally, the Board approve and authorized the Chair to sign the corresponding budget transfer to journal out the remaining fund balances. The original budget transfer document contained a $1 error.
The budget transfer has since then been corrected and attached for re-approval.
ALTERNATIVES
Should the board opt not to approved and authorize the Chair to sign the corrected budget transfer, the inactive Special Revenue Funds will continue to earn interest and serve no benefit to the County.
PRIOR BOARD ACTION
Legistar 21-0081, February 9, 2021 - Board approved the closure of (3) District Attorney Special Revenue funds and approved/authorized the Chair to sign corresponding budget transfer.
OTHER DEPARTMENT / AGENCY INVOLVEMENT
Auditor’s Office
CAO RECOMMENDATION / COMMENTS
Approve as recommended.
FINANCIAL IMPACT
The closure of Special Revenue Funds and transfer of account balances has no impact to Net County Cost.
CLERK OF THE BOARD FOLLOW UP ACTIONS
Upon approval, Clerk of the Board to forward executed budget transfer to the Auditor Controller’s Office.
STRATEGIC PLAN COMPONENT
Public Safety
CONTACT
Vern Pierson