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File #: 10-0864    Version: 1
Type: Agenda Item Status: Approved
File created: 8/1/2010 In control: Board of Supervisors
On agenda: 8/10/2010 Final action: 8/10/2010
Title: District Attorney requesting the Board approve Budget Transfers increasing the Departments revenue and appropriations for Fiscal Year 09/10 to accommodate transfers from special revenue funds for respective programs within the Department. (4/5 vote required). FUNDING: Various Grants - Automobile Insurance Fraud Grant, Worker's Compensation Fraud Grant, Proposition 64 Grant, Real Estate Fraud Grant
Attachments: 1. BT#1 Auto Fraud, 2. BT#1 Prop 64, 3. BT#1 Workers Comp, 4. BT#1 Real Estate Fraud
Title
District Attorney requesting the Board approve Budget Transfers increasing the Departments revenue and appropriations for Fiscal Year 09/10 to accommodate transfers from special revenue funds for respective programs within the Department. (4/5 vote required).

FUNDING: Various Grants - Automobile Insurance Fraud Grant, Worker's Compensation Fraud Grant, Proposition 64 Grant, Real Estate Fraud Grant

Body
OriginalSUMMARY: Orignal Budget 09/10 Revised Budget 09/10

Automobile Insurance Fraud 265,597 300,427

Workers Compensation Fraud 275,000 275,146


Proposition 64 122,219 129,870

Real Estate Fraud 85,000 102,170



Reason for Recommendation: Each year the Department brings forth a budget to the Board of Supervisors with the anticipated revenue and appropriations for the various programs operated out of the Department. Following year end close the Department's actual expenditures exceeded the original targeted revenues resulting in the Departments request to increase the budget and appropriations so that funds can be transferred from special revenue accounts to the Departments budget.

Budget Adjustments are required to the following Grant budgets:

Automobile Insurance Fraud and Workers Compensation Insurance Fraud are funded through the Department of Insurance. The monies received are deposited into a special revenue fund and held until transferred via a journal entry. Actual expenditures have exceeded the original budget by $34,830 for Automobile Insurance Fraud and $146 for Workers Compensation Insurance Fraud.

Proposition 64 is funded through penalties and assessments. Monies are used to offset costs associated with the prosecution and investigation of consumer fraud. The original projected budget was $7,651 less than the year end actual.

Real Estate Fraud is funded through the $3.00 document recording fee. These funds are used to investigate and prosecute real estate fraud in El Dorado County. Due to the declining ...

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