2002-1411-Resolution No. 2002-115 Recorded 12/20/2002REVIEWED
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COMMISSIONERS' JOURNAL. 12/20/2002 12;55:17 PM
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BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
Resolution Transferring Appropriations
Within Various Funds of the 2002-2003 RESOLUTION NO. 2002-115
Deschutes County Budget and Directing Entries
WHEREAS, it is necessary to transfer appropriations within the Deschutes County Budget;
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. That the following transfers of appropriations be made:
FROM: 440-2700-501.97-01 Project Development Fund,
Contingency $89,250
TO: 440-2700-491.96-44 Project Development Fund,
New Neighborhood $89,250
DATED this 18th day of December, 2002.
ATTEST:
Recording Secretary
PAGE I OF l -RESOLUTION No. 2002-115 (12/18/02)
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTE COUNT)f, OREGON
TOM DEWOLF, Chai
DENNIS R. LUKE, Commissioner
M AEL . DALY ommissioner
Form No.
DESCHUTES COUNTY
INCREASE OR TRANSFER OF APPROPRIATIONS FORM
B.O.C.C. Meeting Date: December 18, 2002
Resolution No. 2002-110
Budget Prior
to this
Line -item Description Line -item Account Resolution Inc/(Dec) Revised
Resources
Total Resources
Requirements:
Project Development Fund, Contingency 440-2700-501.97-01 1,249,120 (89,250) 1,159,870
Project Development Fund, New Neighborhood 440-2700-491.96-44 117,425 89,250 206,675
Total Requirements 1,366,545 - 1,366,545
Judi Hasse
From:
Jeanine Faria
Sent:
Wednesday, December 04, 2002 4:46 PM
To:
Judi Hasse
Subject:
FW: Dry Canyon -New Neighborhood
We need to prepare a resolution to increase the transfer out in Fund 440 and decrease the contingency.
440-2700-501-97.01 - $89,250
440-2700-491-96-44 - $89,250
-----Original Message -----
From: Tom Anderson
Sent: Wednesday, December 04, 2002 4:40 PM
To: Jeanine Faria
Subject: RE: Dry Canyon -New Neighborhood
Thank you!
-----Original Message -----
From: Jeanine Faria
Sent: Wednesday, December 04, 2002 4:39 PM
To: Tom Anderson
Subject: RE: Dry Canyon -New Neighborhood
All we can transfer right now is the $117,425. What we need to do next is an appropriation transfer resolution
transferring an amount (probably $89,250) from Fund 440 contingency to Fund 440 Transfer Out line item.
Then, we can proceed with transferring the balance of the $123,192 and if and when any additional property is
sold in FY 02-03 we can transfer up to the original identified amount - the $648,000.
I will take the next step in preparing the resolution for the appropriation transfer in Fund 440
Jeanine
-----Original Message -----
From: Tom Anderson
Sent: Wednesday, December 04, 2002 4:29 PM
To: Jeanine Faria; Tammy Credicott
Subject: RE: Dry Canyon -New Neighborhood
The budgeted amount is incorrect. It should be $206,675. 1 thought more was going to come in before
the end of the fiscal year when I prepared the budget last spring.
What do we need to do to transfer the full $123,192 now, and an additional $83,483 later (if Tammy is
able to sell more Fremont Canyon land before the end of the fiscal year)?
-----Original Message -----
From: Jeanine Faria
Sent: Wednesday, December 04, 2002 4:22 PM
To: Tom Anderson; Tammy Credicott
Subject: Dry Canyon -New Neighborhood
Tom and Tammy:
Attached is a file recapping the budgeted amounts and the actual amounts received and
transferred from the sale of Dry Canyon properties to the New Neighborhood.
Seems to me there may be a problem with the amount budgeted in FY 02-03. If the original intent
was to transfer a total of $648,000 when the funds, through the sale of property became available,
then the amount budgeted is not sufficient to make this happen.
Last month proceeds in the amount of $123,192 were received. We are currently preparing the
"Cash Order", which needs to be submitted to the BOCC for approval, and have included the
amount to be transferred from Project Development Fund (Fund 440) to New Neighborhood
(Fund 411) in the amount of the budgeted transfer - $117,425.
Please advise.
Jeanine
<< File: Dry Canyon -New Neigh borhood.xls >>