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2019-145-Resolution No. 2019-011 Recorded 4/30/2019Recorded in Deschutes County CJ2019-145 Nancy Blankenship, County Clerk Commissioners' Journal 04/30/2019 1:54:30 PM 1111,iimumumumiuuii For Recording Stamp Only BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Increasing Resources & Appropriation Within the 2018-2019 * RESOLUTION NO. 2019-011 Deschutes County Budget * WHEREAS, Deschutes County's Finance Fund has requested additional appropriation in the Program Budget; and WHEREAS, ORS 294.463 allows the transfer of contingency within a fund when authorized by resolution of the governing body; now, therefore BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That the following adjustment to appropriation be made within the 2018-2019 County Budget: Finance Fund Program Budget Contingency $ 60,000 ($ 60,000) Section 2. That the Finance Director make the appropriate entries in the Deschutes County Financial System to show the above adjustment to appropriation. ATTEST: �. DATED this day of "'ecording Secretary PAGE 1 OF 1 -RESOLUTION NO. 2019-011 , 2019. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNT „'IR N 7‘) PI-�LIP G. H DERSON, Chair PATTI ADAIR, Vice -Chair ANTHONY DEBONE, Commissioner Z 0 i— Q E2 0 0 0 -J N 0 F 400 hours, including benefits The proposed increase in Personnel costs consists of a vaction buy-out for O CO O a) U (6 u - a) N a) c Q a a) u 0 C O Revised Budget 0) O Nt N- N- 200,837 CO 10 O CO- rO 94,625 100,282 mi llNE To (From) O N N CO O O co Lii O O L CV - 20,000 (60,000) Current Budgeted Amount 0) O N N .1' 195,537 70,553 74,625 N CO N O co Description (Element -Object, e.g. Time Mgmt, Temp Help, Computer Hardware) Time Management PERS FICA Auditing -Accounting Services >. 0 C (1) 0) C C 0 0 Category (Pers, M&S, Cap Out, Contingency) Personnel Personnel Personnel Materials & Services Contingency Project Code Line Number Munis (ORG-OBJ) 6301450-410401 6301450-420201 r O co O N V' O 10 d' o oo co O (— O co O CO d' O 10 d' co O 6301450-501971 E a) -J N 0 F 400 hours, including benefits The proposed increase in Personnel costs consists of a vaction buy-out for O CO O a) U (6 u - a) N a) c Q a a) u 0 C O 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 BOCC Wednesday Meeting of April 24, 2019 DATE: April 18, 2019 FROM: Wayne Lowry, Finance, 541-388-6559 TITLE OF AGENDA ITEM: Consideration of Board Signature of Resolution No. 2019-011, Budget Adjustment in the Finance Fund RECOMMENDATION & ACTION REQUESTED: Staff recommends approval of Resolution 2019-011 Increasing Appropriation in the Finance Fund Program Budget. BACKGROUND AND POLICY IMPLICATIONS: Two things contribute to the need for a budget adjustment for the Finance Department. The first is increased costs that will be incurred with the retirement of the Finance DirectorlTreasurer due to a vacation payout in the current fiscal year. The second is the cost of an actuarial study of the County's OPEB (other post -employment benefit) plan to be used during the FY 2019 financial statements preparation and the audit. This study is required to be completed every two years and the cost of $20,000 was inadvertently left out of the FY 2019 budget. FISCAL IMPLICATIONS: This budget adjustment authorizes an increase in Program Budget appropriation of $60,000 for Fiscal Year 2019. This increase in Program Budget appropriation is funded through a reduction in contingency appropriation. ATTENDANCE: Wayne Lowry, Finance Director/Treasurer