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C. 31
To: Board of Supervisors
From: Monica Nino, County Administrator
Date: January  11, 2022
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: Technical Adjustment to Appropriation Adjustment No. 5012 and 5021

APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE

Action of Board On:   01/11/2022
APPROVED AS RECOMMENDED OTHER
Clerks Notes:

VOTE OF SUPERVISORS

AYE:
John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor
Contact: Lisa Driscoll, County Finance Director (925) 665-2047
cc: Robert Campbell, Auditor-Controller    
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  11, 2022
Monica Nino, County Administrator
 
BY: , Deputy

 

RECOMMENDATION(S):

APPROVE Revenue Adjustment No. 5023 in the amount of $273,846,200, to increase accuracy of tracking, by moving the revenue from the Sales and Use Taxes account and Department 0013 to a new account called Sales Tax Measure X in Department 0005.

FISCAL IMPACT:

No fiscal impact, the adjustment is for tracking purposes only.

BACKGROUND:

On November 16, 2021 and December 14, 2021, the Board of Supervisors adopted revenue adjustments RA0005012 and RAOO5021 respectively, to support appropriation adustments for Measure X. Since that time, the Auditor-Controller has been able to establish a unique revenue code to track Measure X Revenues. The attached revenue adjustment (RAOO5023) corrects adjustments RA0005012 and RAOO5021 to use the new account entitled "Sales Tax Measure X". The revenue will continue to be deposited into Department 0005 - General Purpose Revenue. Appropriations and expenditures will continue to be tracked in Department 0013 - Measure X General Purpose Allocations. This action is administrative and has a net zero impact.


CONSEQUENCE OF NEGATIVE ACTION:

If the adjustment is not approved, Measure X revenues will be more difficult to track.

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