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Agenda Item
ASR
Control 25-000645 |
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MEETING
DATE: |
09/23/25 |
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legal entity taking action: |
Board
of Supervisors |
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board of supervisors district(s): |
All
Districts |
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SUBMITTING Agency/Department: |
Auditor-Controller (Approved) |
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Department contact person(s): |
Andrew
N. Hamilton (714) 834-2457 |
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Salvador
Lopez (714) 834-2470 |
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Subject: Annual Report of Revolving Funds
for Fiscal Year 2024-25
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ceo CONCUR |
County Counsel Review |
Clerk of the Board |
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Concur |
No
Legal Objection |
Consent
Calendar |
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3
Votes Board Majority |
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Budgeted: N/A |
Current Year
Cost: N/A |
Annual Cost: N/A |
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Staffing Impact: |
No |
# of Positions: |
Sole Source: N/A |
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Current Fiscal Year Revenue: N/A
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Prior Board Action: 9/24/2024 #6 |
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RECOMMENDED
ACTION(S):
Receive and file the
Auditor-Controller Annual Report of Revolving Funds for FY 2024-25.
SUMMARY:
Filing the Annual Report of
Revolving Funds for the FY 2024-25 will fulfill the requirement of the
Auditor-Controller, pursuant to Government Code Section 29321.1.
BACKGROUND
INFORMATION:
Government Code Section 29321.1 requires
the Auditor-Controller to file an annual report with the County Board of
Supervisors (Board) listing Revolving Funds in existence during the fiscal
year, the amount of each Fund and the responsible County Officer. Revolving
Funds are established under Government Code Section 29320 through 29334 for the
purpose of making change, purchasing supplies and services or making cash
advances for travel. Attachment A provides a listing of revolving funds and
amounts by department. Some special Revolving Funds are established for
specific purposes, which are noted in Attachment A.
For
FY 2024-25, no audits of the Revolving Funds were conducted by the
Internal Audit Department.
Prior
Board Action:
On September 24, 2024, the Board
received and filed the Auditor-Controller Annual Report of Revolving Funds for
FY 2023-24.
FINANCIAL
IMPACT:
N/A
STAFFING
IMPACT:
N/A
REVIEWING
AGENCIES:
Internal
Audit Department
ATTACHMENT(S):
Attachment
A - Annual Report of Revolving Funds for FY 2024-25
Attachment B - California Government Code Sections 29320-29334 and 29460-29464
Attachment C - Board of Supervisors Resolution 09-050