Agenda

Return

C.54

To:	Board of Supervisors
From:	Finance Committee
Date:	February 3, 2009

Contra

Costa

County

Subject:

2008 YEAR-END REPORT FOR THE FINANCE COMMITTEE

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 02/03/2009

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
Susan A. Bonilla, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

Lisa Driscolll (925) 335-1023

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: February 3, 2009
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

1. ACKNOWLEDGE that in 2008 the Finance Committee received annual reports concerning Community Development Block Grant Funds and the County’s Single Audit;
2. ACKNOWLEDGE that the in 2008 the Finance Committee also received reports on Board legislative options for allocating money on an on-going basis for Other Post Employment Benefit Funding, the Rule 20A Underground Utility Program Project Priority List, and the FY 2008/09 budget; and

3. ACKNOWLEDGE that the Finance Committee currently has pending issues related to a Countywide Facilities Lifecycle Investment Program (FLIP), maximizing revenues, Proposition 90, and strategic priorities to guide the budget development process.

FISCAL IMPACT:

No fisca impact. This is an informational report only.

BACKGROUND:

In 2008, the Finance Committee received reports and made recommendations to the Board of Supervisors concerning issues related to the:

• FY 2008/09 Community Development Block Grant Funds for economic development and infrastructure/public facilities;
• Board of Supervisors Legislative options for allocating money on an on-going basis for Other Post Employment Benefit funding;
• Single Audit;
• Rule 20A Underground Utility Program Project priority list; and
• County’s FY 2008/09 budget

At year end, the Finance Committee had pending referrals on:

• Planning implementation and design of a Countywide Facilities Lifecycle Investment Program (FLIP);
• Maximizing revenues;
• Reevaluating possible implementation of Proposition 90; and
• Developing strategic priorities to guide the budget development process

Additionally, on January 6, 2009, the Board of supervisors merged the Capital Facilities Committee and the Finance Committee. Future Finance Committee meetings will cover reports concerning capital facilities planning and projects.