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AI- 6108   4. A. 5.    
Commissioners Court - Regular
Meeting Date: 03/18/2015  
Comptroller Capital Credits Participation
Submitted For: Tyner Little, Governmental Affairs/ADA Coordinator
Submitted By: Theresa McLemore, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Discuss and consider participation in the unclaimed capital credits received by the Texas Comptroller of Public Accounts from electric cooperatives under Section 74.602 of the Texas Property Code, and certify the purpose of the use of the funds in compliance with the provisions of Section 381.004 of the Texas Local Government Code.
BACKGROUND
The Comptroller has requested whether Nueces County would be participating in receiving unclaimed capital credits received from electric cooperatives.  This requires that the County certify that the funds will be spent in compliance with Local Government Code Section 381.004, which provides that the funding must be used for Community and Economic Development Programs.  The last time the Court accepted this funding, the money was placed in the Family Protection Fee Account and distributed to children's advocacy groups.  These included Court Appointed Special Advocates (CASA), Women's Shelter of South Texas, Nueces County Children's Advocacy Center, The Ark Assessment Center & Emergency Shelter, Family Counseling Service, and Nueces County CPS Community Partners Board.
DISCUSSION
Upon approval, a letter meeting the requirements of the Comptroller will be delivered requesting the funding.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
Texas Comptroller Letter Re: Unclaimed Capital Credits
Proposed Letter to Comptroller Claiming Funds

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