Loading...
2017-360-Resolution No. 2017-030 Recorded 7/3/2017REVIEWED LEGAL COUNSEL Recorded in Deschutes County CJ2017-360 Nancy Blankenship, County Clerk Commissioners'Journal 07/03/2017 1:24:04 PM BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Transferring Appropriations Within the Various Funds of the 2016-2017 * RESOLUTION NO. 2017-030 Deschutes County Budget and Directing Entries * WHEREAS, attached is an e-mail from Risk Management requesting a transfer of appropriation, and WHEREAS it is necessary to transfer appropriation within the Deschutes County Budget to accommodate the request; now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That the following transfer of appropriation be made: Insurance Fund Contingency Insurance Fund Program Budget ($ 500,000) $ 500,000 Section 2. That the Finance Director snake the appropriate entries in the Deschutes County Budget document to show the above appropriations. ATTEST: I Recori'ng Secret DATED this PAGE 1 OF 1 -RESOLUTION NO. 2017-030 (06/28/17) th day of June, 2017. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON 1(0" TAM AAKEY, C ANTHONY DEBONE, vic -C LzA.. s PHILIP G. H `i � DER ON, Commissioner Lacy Nichols From: Erik Kropp Sent: Monday, June 12, 2017 9:15 AM To: Wayne Lowry Cc: Lacy Nichols; Jeanine Faria Subject: Copy of Appropriation Transfer Fund 670 6-12-17.xls Attachments: Copy of Appropriation Transfer Fund 670 6-12-17.xls Wayne: Please have Finance prepare a resolution for the attached budget adjustment. Thanks, Erik Deschutes County Board of Commissioners 1300 NW Wall St, Bend, OR 97703 (541) 388-6570 — Fax (541) 385-3202 — https://www.deschutes.org/ AGENDA REQUEST & STAFF REPORT For Board of Commissioners Business Meeting of June 28, 2017 DATE: June 21, 2017 FROM: Wayne Lowry, Finance, 541-388-6559 TITLE OF AGENDA ITEM: Consideration of Signature of Resolution #2017-030, Transfer of Appropriation Within the Insurance Fund. PUBLIC HEARING ON THIS DATE?: No BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2017-030. The Insurance Fund needs additional appropriation in the Program Budget. Costs for settling liabilities will exceed the amount anticipated at the time the FY 2017 budget was adopted. FISCAL IMPLICATIONS: A transfer of appropriation from the Contingency category to the Program Budget for $500,000 is necessary. ATTENDANCE: Wayne Lowry, Finance Department 388-6559 Erik Kropp, Risk Management 388-6584 RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2017-030.