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HomeMy WebLinkAbout20A - AA - REAL ESTATE FRAUD FUNDINGREQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: AUGUST 20, 2012 TITLE: APPROPRIATION ADJUSTMENT ACCEPTING REAL ESTATE FRAUD TRUST FUNDING CITY MANAGER RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ? As Recommended ? As Amended ? Ordinance on 1st Reading ? Ordinance on 2Id Reading ? Implementing Resolution ? Set Public Hearing For_ CONTINUED TO FILE NUMBER Approve the Appropriation Adjustment recognizing Orange County Real Estate Fraud Trust funds of $18,000 into Police Special Revenue account (account no. 02414002-57400) and appropriate same into the Police Special Revenue - General expenditure account (account no. 02414400 61040) for the reimbursement of costs associated with investigating real estate fraud. DISCUSSION Pursuant to Government Code 27388, the Orange County Real Estate Fraud Trust Committee, in conjunction with the Orange County District Attorney's Office was created to administer funds to local cities to support their efforts to investigate real estate fraud crimes. Recently, the Santa Ana Police Department was awarded $18,000 to fund salary and overtime costs of investigators handling these cases. Under the terms of this award, the Police Department is required to provide detailed accounting of all funds and provide statistics on the number of investigations and arrests that resulted from the use of these funds. FISCAL IMPACT Approval of the appropriation adjustment with the acceptance of these funds will increase the City's Police Special Revenue Account (account #02414002-57400) in the amount of $18,000, and will increase the same into the Police Special Revenue - General overtime expenditure account (account no. 02414400 61040). APPROVED AS TO FUNDS AND ACCOUNTS: Carlos Rojas Deputy Chief Police Department Francisco Gutierrez Executive Director Finance & Mgmt Services Agency 20A-1 20A-2