Vote — approved

Steve Gallardo	yes
Bill Gates	abstain
Clint Hickman	abstain
and Clint Hickman	yes
Steve Chucri	yes

21.ESTABLISH ADMINISTRATIVE BANK ACCOUNTAuthorize establishment of a new Administrative Bank Account at Chase Bank for the purpose of expediting ACH transfers of Inmate Trust Account funds to cover amounts on pre-paid debit cards issued upon an Inmate’s release.MCSO became cashless in the jails in 2015 opting to use pre-paid debit cards in its inmate release process to return cash held in inmates’ names in the Inmate Trust Account. MCSO currently initiates a daily ACH transfer to reimburse the p

Item Text

21. ESTABLISH ADMINISTRATIVE BANK ACCOUNT Authorize establishment of a new Administrative Bank Account at Chase Bank for the purpose of expediting ACH transfers of Inmate Trust Account funds to cover amounts on pre-paid debit cards issued upon an Inmate’s release. MCSO became cashless in the jails in 2015 opting to use pre-paid debit cards in its inmate release process to return cash held in inmates’ names in the Inmate Trust Account. MCSO currently initiates a daily ACH transfer to reimburse the pre-paid card vendor for the previous days’ releases. This process takes more than the 24 to 48-hour standard acceptable processing time. Establishment of this new administrative account would expedite the process. This account would be funded with a standing balance of $50,000 to allow prompt reimbursement to the debit card vendor and minimize MCSO’s exposure to loss. MCSO is working cooperatively with the Treasurer’s Office and County Department of Finance for approval of the application. (C-50-19-057-2-00)

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