Consent 5.
Regular Board of Supervisors Meeting
County Sheriff
- Meeting Date:
- 12/06/2016
- Title:
- Financial Crimes Unit
- Submitted By:
- Thad Smith, County Sheriff
- Department:
- County Sheriff
Presentation:
No A/V Presentation
Recommendation:
Approve
Document Signatures:
BOS Signature NOT Required
# of ORIGINALS
Submitted for Signature:
Submitted for Signature:
0
NAME
of PRESENTER:
of PRESENTER:
Thad J. Smith
TITLE
of PRESENTER:
of PRESENTER:
Chief
Mandated Function?:
Not Mandated
Source of Mandate
or Basis for Support?:
or Basis for Support?:
You will use this Agenda Item template if your item involves a Grant (whether a new or renewal grant). You also must attach the Grant Approval Form to the item before Finance will approve it. Select the SPECIAL LINKS on your left-hand menu and Click on "Grant Approval Form". Then complete the form, save it and attach it to your item (on the Attachments tab).
Information
Agenda Item Text:
Accept and authorize expenditure of additional funds donated by the Howard G. Buffet (HGB) Foundation to the Cochise County Sheriff's Office Financial Crimes Unit in the amount of 388,267.12 to include an additional position and related equipment.
Background:
2015, HGB foundation donated 1,043,747.97 to fully fund the Sheriff's Office newly created Financial Crimes Investigations Unit for three years. The BOS approved the acceptance of the funding and in January 2016 the FCU was initiated. The FCU has been quite successful and thus far exceeds initial expectations. Due to the volume of work and complexity of investigations performed, the HGB foundation has graciously offered to fully fund an additional investigator and all associated expenses (annual operating and capital expenses) for two years. This additional funding coincides with the remaining two years of funding on the original grant.
These funds are to be used to hire an additional financial crimes investigator, and are sufficient to pay two years of salary, ERE, health, and all annual operating expenses in full. Additionally, funds cover all necessary capital expenses.
Annual operating expense: 171,768.56 (wages, ERE, health, O.T., vehicle operation, training/certifications)
Capital expenses: 44,730.00 (vehicle, computers/docking stations)
Year One - 216,498.56
Year Two - 171,768.56
Total - 388,267.12
Person(s) employed with these funds will be informed and acknowledge with their signature employment is contingent on availability of grant funds, and should those funds no longer be available employment with Cochise County may be discontinued.
These funds are to be used to hire an additional financial crimes investigator, and are sufficient to pay two years of salary, ERE, health, and all annual operating expenses in full. Additionally, funds cover all necessary capital expenses.
Annual operating expense: 171,768.56 (wages, ERE, health, O.T., vehicle operation, training/certifications)
Capital expenses: 44,730.00 (vehicle, computers/docking stations)
Year One - 216,498.56
Year Two - 171,768.56
Total - 388,267.12
Person(s) employed with these funds will be informed and acknowledge with their signature employment is contingent on availability of grant funds, and should those funds no longer be available employment with Cochise County may be discontinued.
Department's Next Steps (if approved):
If approved, CCSO will initiate the process to hire a special investigator having extensive experience, knowledge, and training in investigating financial crimes and money laundering.
Impact of NOT Approving/Alternatives:
If not approved, the current FCU investigators will continue performing investigations with the resources and time limitations they currently have.
To BOS Staff: Document Disposition/Follow-Up:
Upon receipt of HGB check in the amount of 388,267.12, sign and deposit in County bank account.
Fiscal Impact
Attachments
No file(s) attached.