Agenda

Return

C. 65

To:	Board of Supervisors
From:	Monica Nino, County Administrator
Date:	March 2, 2021

Contra

Costa

County

Subject:

Request for Relief of Cash Shortage

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 03/02/2021

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:

Laura Strobel (925) 655-2058

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: March 2, 2021
,

BY:	, Deputy

RECOMMENDATION(S):

AUTHORIZE relief of cash shortage in the Treasurer-Tax Collector's Office in the amount of $2,825.30

FISCAL IMPACT:

Cash shortage in the amount of $2,825.30 will be funded 100% by the General Fund.

BACKGROUND:

In accordance with provisions of Administrative Bulletin 207.7, the Auditor-Controller has verified and concurs with the report of a total cash shortage in the amount of $2,825.30 in the Treasurer-Tax Collector's Office

BACKGROUND: (CONT'D)

The shortage occurred on January 18, 2019 when a warrant for a refund of a duplicate property tax payment was fraudulently redeemed. The taxpayer had paid a property tax installment twice (once personally and once by his mortgage company via escrow) and the refund was stolen from his mailbox and fraudulently cashed. A forged endorsement claim has been filed with Wells Fargo but they have denied it because it was not filed timely per the provisions of the Account Depositors Agreement. The taxpayer has completed and notarized, under penalty of perjury, a Lost-Destroyed Warrant Certificate and Forged Endorsement Certificate.

CONSEQUENCE OF NEGATIVE ACTION:

The shortage will not be relieved, cash will not be in balance.