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DISTRICT ATTORNEY - District Attorney Matthew Rogers
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Requested Action(s)
recommendation
a) TRANSFER OF FUNDS: DISTRICT ATTORNEY, B-104 - From Insurance Settlements (2013-471126) to Contingency (2002-59000), $22,696; and From Contingency (2002-59000) to Maintenance of Equipment (2013-53170), $22,696 (Requires a 4/5’s vote)
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Financial Impact:
Insurance settlement that will reimburse us for the repair cost that has already been paid.
Background Information:
One of our vehicles was involved in an accident which resulted in an unexpected expense to our Maintenance of Equipment account of $23,696 for the repair. We are expecting an insurance settlement in the near future from Trindel in the amount of $14,000 ($15,000 minus $1,000 deductible) and the remaining balance of $8,696 from PRISM (excess insurance).