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File #: 9500   
Type: Consent Status: Passed
File created: 1/29/2024 Department: Aging and Adult Services
On agenda: 2/6/2024 Final action: 2/6/2024
Subject: Establish Special Purpose Account with Wells Fargo Government and Institutional Banking for Older Americans Act Program Reimbursement Payments
Attachments: 1. Item # 6 Executed BAI
REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION

February 6, 2024

FROM
SHARON NEVINS, Department of Aging and Adult Services

SUBJECT
Title
Establish Special Purpose Account with Wells Fargo Government and Institutional Banking for Older Americans Act Program Reimbursement Payments
End

RECOMMENDATION(S)
Recommendation
1. Authorize the Department of Aging and Adult Services to utilize a special purpose account for reimbursement payments to contracted providers in the Title III B, Title III C, and Title III E Programs under the Older Americans Act.
2. Authorize the Auditor-Controller/Treasurer/Tax Collector to establish the special purpose bank account for the Department of Aging and Adult Services with Wells Fargo Government and Institutional Banking and make the necessary arrangements for direct deposit of reimbursement payments to contracted providers in the Title III B, Title III C, and Title III E Programs under the Older Americans Act.
(Presenter: Sharon Nevins, Director, 891-3917)
Body

COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Improve County Government Operations.
Operate in a Fiscally-Responsible and Business-Like Manner.

FINANCIAL IMPACT
This item does not require additional Discretionary General Funding (Net County Cost). The special purpose bank account will have an initial balance in an amount not to exceed $400,000 and will be funded by the Older Americans Act (OAA) Title III B, Title III C, and Title III E funds within the existing Net County Cost included in the current Department of Aging and Adult Services (DAAS) budget. Adequate appropriation and revenue have been included in the DAAS 2023-24 budget and will be included in future recommended budgets.

BACKGROUND INFORMATION
As the designated Area Agency on Aging, DAAS receives funding for a wide range of programs and supportive services with a mission to assist seniors and dependent adults in improving or ma...

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