1997-23703-Resolution No. 97-078 Recorded 6/30/1997EWED
0162-0710
97-23703
LEGAL COUNSEL
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Authorizing the Borrowing
of $7,000 By the Support Enforcement
a�
Fund From the General Fund, Providing
for Repayment, and Directing the County * -
Treasurer to Make Appropriate Entries
RESOLUTION NO. 97-078
WHEREAS, it is necessary that the Support Enforcement Fund borrow $7,000 to -m t
necessary expenses for June 1997; and
WHEREAS, the General Fund has sufficient resources to meet said payments in the
Support Enforcement Fund; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. That the Deschutes County Treasurer is hereby authorized to transfer funds,
the aggregate not to exceed SEVEN THOUSAND ($7,000) from the General Fund to the
Support Enforcement Fund, to be used for expenses for June 1997.
Section 2. Said loan is to be repaid to the General Fund in fiscal year 1997-98,
immediately upon receipt of sufficient cash within the Support Enforcement Fund to allow
repayment.
Section 3. That the Treasurer is hereby directed to make such entries in the records of the
County for the fiscal year 1996/97 as are necessary to reflect these transactions.
DATED this 30th day of June, 1997.
7TI,
:
Recording Secretary
1 - RESOLUTION NO. 97-078
ARD OFUNTY COVMISSIONERS
DESCH T S COUNT)V, OREGON
ANj E �CHLANG 1, Chair
L. NIPPER, ComWssioner
LINDA L. SWEARINGEN, Commissioner
1:fYPU �c�
.=fit._ 1997
0162-0'711
Memo
Date:06/23/97
To: Mike Maier
CC: Helen Rastovich, ty Wynne, Mike Dugan, Neil Bregenzer
From: MIKE GERDAU
RE: CASH TRANSFER FROM GENERAL FUND
Request a cash transfer of $7,000.00, from the General Fund
into the Support Enforcement Fund (Fund 48). This transfer is
necessary to meet payroll for this month.
Fund 48 needs about $15,754.10, to meet payroll. Now there is
about $10,0361.00, to pay payroll and additional expenditures.
There is an incentive check coming in the amount of $5,600.00,
from the State. We should receive that check no later than
Friday, June 27, 1997. There is also a $9,800.00, check
coming from the Feds. But we don't know when we will receive
that check.
The cash shortage comes from a variety of reasons. First, we
are dealing with federal fiscal years. Second, is Ms Wedel's
payroll, which was not in the FY96-97 budget. Third, is the
5% lead pay to Mr. Bregenzer, which also, was not in the FY96-
97 budget.
v
06/23/97