Vote — approved

Steve Gallardo	yes
Jack Sellers	yes
Bill Gates	yes
Clint Hickman	yes
Steve Chucri	yes

36.ELECTRONIC FUNDS TRANSFER AUTHORIZATIONPursuant to the Electronic Fund Transfer Policy A2512, the Department of Finance is requesting authorization to have the Treasurer’s Office process Electronic Funds Transfers (wire transfers) due to the Trustee(s) for annual debt service payments for certificates of participation in the amount of $71,986,203, and other County business as necessary in Fiscal Year 2021. The payments have been budgeted. Department of Finance requests for authorization to th

Item Text

36. ELECTRONIC FUNDS TRANSFER AUTHORIZATION Pursuant to the Electronic Fund Transfer Policy A2512, the Department of Finance is requesting authorization to have the Treasurer’s Office process Electronic Funds Transfers (wire transfers) due to the Trustee(s) for annual debt service payments for certificates of participation in the amount of $71,986,203, and other County business as necessary in Fiscal Year 2021. The payments have been budgeted. Department of Finance requests for authorization to the Treasurer’s Office will come from the Chief Financial Officer, John Lewis, and Deputy Finance Director, Bridget Harper. Debt Service payments require guaranteed funds. The Department of Finance will prepare corresponding journal vouchers to record the EFT transactions on the County’s Financial (Accounting) System in the same accounting period as the EFT. Request the Board of Supervisors to approve and authorize the Department of Finance to initiate wire transfers for debt service transfers and other County business as necessary applicable to FY 2020-2021. (C-18-20-023-M-00)

Attachments (1)

Vote — approved

Steve Gallardo	yes
Jack Sellers	yes
Bill Gates	yes
Clint Hickman	yes
Steve Chucri	yes

70.ELECTRONIC FUNDS TRANSFER AUTHORIZATION Pursuant to the Electronic Fund Transfer Policy A2512, the Department of Finance is requesting authorization to have the Treasurer’s Office process Electronic Funds Transfers (wire transfers) due to the Trustee(s) for annual debt service payments for certificates of participation in the amount of $71,986,203, and other County business as necessary in Fiscal Year 2021. The payments have been budgeted. Department of Finance requests for authorization to t

Item Text

70. ELECTRONIC FUNDS TRANSFER AUTHORIZATION Pursuant to the Electronic Fund Transfer Policy A2512, the Department of Finance is requesting authorization to have the Treasurer’s Office process Electronic Funds Transfers (wire transfers) due to the Trustee(s) for annual debt service payments for certificates of participation in the amount of $71,986,203, and other County business as necessary in Fiscal Year 2021. The payments have been budgeted. Department of Finance requests for authorization to the Treasurer’s Office will come from the Chief Financial Officer, Cynthia Goelz, and Deputy Finance Director, Bridget Harper. Debt Service payments require guaranteed funds. The Department of Finance will prepare corresponding journal vouchers to record the EFT transactions on the County’s Financial (Accounting) System in the same accounting period as the EFT. This is an update to agenda item C-18-20-023-M-00 that was approved by the Board of Supervisors on June 10, 2020. (C-18-20-023-M-00)