PDF Return
C.57
To: Board of Supervisors
From: David Twa, County Administrator
Date: January  19, 2010
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: Authorize the Establishment of a New Budget Unit and Fund for Settlement Agreement between the County and Superior Court
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On:   01/19/2010
APPROVED AS RECOMMENDED OTHER
Clerks Notes:

VOTE OF SUPERVISORS

AYE:
John Gioia, District I Supervisor
Gayle B. Uilkema, District II Supervisor
Mary N. Piepho, District III Supervisor
Federal D. Glover, District V Supervisor
ABSENT:
Susan A. Bonilla, District IV Supervisor
Contact: Lisa Driscoll, County Finance Director (925) 335-1023
cc: Julie Enea, County Administration     Marie Rulloda, Special Accounting     Lisa Driscoll, County Finance Director    
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED:     January  19, 2010
David Twa,
 
BY: , Deputy

 

RECOMMENDATION(S):

DIRECT and AUTHORIZE the Auditor-Controller to establish a new budget unit and fund named Judicial Special Deposits Trust Fund (Fund No. 81100), separate and apart from the County General Fund, to receive and hold funds paid by the Contra Costa County Superior Court pursuant to a settlement agreement between the County and the Court regarding the County's remaining debt service obligations for the Family Law Center.  
  

  

FISCAL IMPACT:

None to the County General Fund. The fund will receive a deposit from the Contra Costa County Superior Court of $4,092,317 in restricted monies.
BACKGROUND:

The Judicial Special Deposits Trust Fund was established by the County Auditor-Controller's Office administratively, pending the execution of the Settlement Agreement between the County and the Contra Costa County Superior Court on the Family Law Center debt service dispute. This Board action formally recognizes the establishment of the fund. The deposit to the fund will be used to make annual debt service payments on the Family Law Center. Interest on fund balances will accrue to the General Fund.
CONSEQUENCE OF NEGATIVE ACTION:

  
CHILDREN'S IMPACT STATEMENT:

  

AgendaQuick©2005 - 2024 Destiny Software Inc., All Rights Reserved