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Findings and Recommendations 8 findings
F1
The County of Napa has been very diligent in maintaining Fiscal Policies that achieved the highest possible Bond Rating from S&P.
No recommendations for this finding
F2
The BOS have established a series of Budget Policies that call for holding the line on spending and using a Fiscal Contingency Plan to prepare for the future. The BOS have consis- tently maintained the County of Napa budgeting and spending within the limits that were estab- lished in 2011.
No recommendations for this finding
F3
The Grand Jury finds that the financial documentation in the CAFR for “Aid from other governments” on the Budgetary Comparison Schedule is confusing. The schedule overstates “Inflow” and Capital Works Project anticipated expenditures.
Related Recommendations (1)
R1
As the result of F3, the Grand Jury recommends that Napa County institute a schedule in the Management’s Discussion and Analysis Section of the CAFR that explains the negative variance from “Actual Amount (Budgetary Basis)” and “Variance with Final Budget” in “Aid from other governments.” The Grand Jury believes that including the information outlined below will clarify the actual situation for the average citizen.
F4
The BOS has maintained an impressive position in Contingencies and Reserves that pro- vides the County of Napa with a healthy financial future.
No recommendations for this finding
F5
Napa County uses divisional “Goals” to support the request for funding on an annual basis. However, they have not require reporting divisions to provide progress or completion of “Ac- complishments” as follow-up in the next year.
Related Recommendations (1)
R3
As the result of F5, the Grand Jury recommends that the BOS and the CEO must require every division to report current status of every Goal that was prepared to support the previous years Recommended Budget. *This type of trust is authorized by Section 115 of the Internal Revenue Code solely for the purpose of funding post-employment benefit for workers and cannot be revoked by the employing agency. The timing of the utilization of funds is determined by the employing agency. 9
F6
The County Executive Office did not prepare on an annual basis a Five-Year Financial Forecast from 2012 to 2015. 8
No recommendations for this finding
F7
The County of Napa has maintained exceptional Financial Reporting (CAFR) as recog- nized by GFOA.
No recommendations for this finding
F8
The County of Napa has maintained the appropriate payments to CalPERS for the Pension Plan and OPEB, but has not taken advantage of using Fund Balances to pay down Unfunded Pension and OPEB obligations.
Related Recommendations (1)
R2
As the result of F8, the Grand Jury recommends that the BOS consider using some positive Fund Balances each year to begin to pay down the Unfunded Pension and OPEB by establishing an 115 Irrevocable Trust.*
No Responses Found 3
Government entities assigned to respond to this report. No response documents have been linked in our database.
Napa County
County
Napa County Auditor-Controller
Elected County Office
Napa County Board of Supervisors
Elected County Office