Title
Adopt a Resolution to:
a. Direct and Authorize the Auditor-Controller Amend FY 2020-21 Adopted Budget increasing appropriations Clerk/Recorder (001-1180-8004-ACR002) by $89,425 to make an operating transfer from the General Fund to Clerk/Recorder restricted fund (027-1180-8004-ACR003), funded by a release of $89,425 from Electronic Recording Delivery System (ERDS) restricted fund (BSA 001-3041-ERDS); (4/5 vote) and
b. Direct and Authorize the Auditor-Controller to amend FY 2020-21 Adopted Budget by increasing appropriations Clerk/Recorder (027-1180-8004-ACR003) by $89,425, funded by a $89,425 operational transfer in from the General Fund Clerk/Recorder (001-1180-8004-ACR002) to pay Invoice No. 1 of the California Electronic Recording Transaction Network Authority (CERTNA). (4/5 vote)
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors approve this resolution to:
a. Direct and Authorize the Auditor-Controller Amend FY 2020-21 Adopted Budget increasing appropriations Clerk/Recorder (001-1180-8004-ACR002) by $89,425 to make an operating transfer from the General Fund to Clerk/Recorder restricted fund (027-1180-8004-ACR003), funded by a release of $89,425 from Electronic Recording Delivery System (ERDS) restricted fund (BSA 001-3041-ERDS); (4/5 vote) and
b. Direct and Authorize the Auditor-Controller to amend FY 2020-21 Adopted Budget by increasing appropriations Clerk/Recorder (027-1180-8004-ACR003) by $89,425, funded by a $89,425 operational transfer in from the General Fund Clerk/Recorder (001-1180-8004-ACR002) to pay Invoice No. 1 of the California Electronic Recording Transaction Network Authority (CERTNA). (4/5 vote)
SUMMARY/DISCUSSION:
CERTNA will no longer be using the San Bernardino County Employee Retirement Agency (SBCERA) to provide retirement coverage for its employees. On June 30, 2020 San Bernardino County Recorder withdrew from CERTNA and joined SECURE, the Statewide Electronic Courier Universal Recording Environment, to us...
Click here for full text