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Clerk of the Board of Supervisors requesting the Board approve an amendment to the minutes for the June 9, 2009 Board of Supervisors meeting to clarify the action of the Board of Supervisors, to read as follows:(additional material italic)
Item #28: A motion was made by Supervisor Sweeney, seconded by Supervisor Santiago, to authorize the Auditor-Controller to post journal entry from Mental Health transferring General Fund contribution and Public Health Realignment as outlined in Option 3 of the Chief Administrative Officer’s memo dated June 8, 2009.
Option 3 is as follows:
Transfer 10 % of FY 2008-09 Public Health realignment revenues $328,787
Retain prior year advance as a "loan" on the books $3,319,000
Transfer from General Fund Contingency $3,060,643
$6,708,430
Steps:
-Transfer Public Health Realignment funds to Mental Health.
-Reduce General Fund Contingency (amount currently appropriated for Contingency is $5,458,878).
-Transfer $3,060,643 from General Fund as a "contribution" to Mental Health.
Impact:
-Restores Mental Health fund balance to $0 at fiscal year end.
-Reduces FY 2008-09 General Fund from $5,458,878 to $2,398,235.
-Transfers an additional $3,060,643 cash from the General Fund to Mental Health.
-Creates a positive cash balance in Mental Health sub fund 001 and begins to address ongoing cash requirements.
-Retains the FY 2007-08 "loan" of $3,319,000 on the books.
-Reduces FY 2008-09 carry over fund balance for FY 2009-10 Proposed Budget by $3,060,643 and requires a corresponding reduction to FY 2009-10 appropriations.
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There were questions regarding the motion as written in the minutes and after reviewing the video of the June 9, 2009 meeting, I would like to clarify the action taken by the Board of Supervisors. The motion stated in the approved minutes is as f...
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