To: Board of Supervisors
From: County Administrative Office
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
title
Authorize Execution of an Agreement with CliftonLarsonAllen LLC (CLA), to Conduct Policy Improvements and Reconciliation Work Related to the Financial Management of the Headwaters Fund and Carry Forward Supplemental Budget (4/5th Vote Required)
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Authorize the County Administrative Officer to execute a Scope of Work and subsequent agreements with CLA for services related to the improvement of policy, procedure, and fiscal management of the Headwaters Fund program and its various funds; and
2. Approve the attached supplemental budget in Fund 3232, Budget Unit 120200 - American Rescue Plan Act, to carry forward $91,575 of unspent funds from Fiscal Year (FY) 2022-23 to FY 2023-24 (4/5th Vote Required).
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SOURCE OF FUNDING:
American Rescue Plan Act (ARPA) - (3232-120200) carry forward from FY 2022-23
DISCUSSION:
The Headwaters Fund Board (HWFB) has recommended that staff seek authorization from your Board to engage with CliftonLarsonAllen LLP (CLA) to support reconciliation, corrective interfund journaling, process improvement and policy guidance related to the operations of the Headwaters Fund Program and its various funds. This recommendation was approved by the County of Humboldt Audit Committee on Aug. 23, 2023, and comes supported by resulting conversations with the Auditor-Controller, Treasurer-Tax Collector, and County Administrative Officer.
The Headwaters Fund is over twenty years old, and its practices must be updated to ensure that Headwater's activity remains relevant and responsive to current economic needs in the community. Engagement with CLA will allow HWFB staff to establish new and contemporary baselines for fund activity and guidance for the effective management of Headwater fund activities in accordance with the charter, local gove...
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