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2019-262-Resolution No. 2019-035 Recorded 6/28/2019Recorded in Deschutes County CJ2019-262 Nancy Blankenship, County Clerk Commissioners' Journal 06/28/2019 9:44:49 AM I BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Increasing Appropriation Within the 2018-2019 * RESOLUTION NO. 2019-035 Deschutes County Budget * WHEREAS, Deschutes County's Fair and Expo Center Fund has requested additional appropriations in their Program Budget; and WHEREAS, ORS 294.471 allows a supplemental budget adjustment 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: Fair and Expo Center Fund Program Budget Reserves for Future Expenditures $ 93,000 ($ 93,000) Section 2. That the Finance Director make the appropriate entries in the Deschutes County Financial System to show the above adjustment to appropriation. DATED this ...2 Ce day of , 2019. ording Secretar PAGE 1 OF 1 -RESOLUTION NO. 2019-035 BOARD OF COUNTY COMMISSIONERS OF DESCH1JTES COUNTY, OREGON ("N PLIP G. I;IpENDERSON, Chair PATTI ADAIR, Vice -Chair ONE, Commissioner z 0 a. 0 I a 0 e � c 9 o E / \ § 1 CD == CO 0 CICO_ E° CI- 10 \ mac °-- 20 2 E 0 • of 0° Ek£E E�/ k(\/ \ C / ` Q C •(0 0 E # » % §{ CO o 0 G 2aa0 w99 7c \�7 cLL 202= 2 k —.c amain E# m# 222 b_a\/ a c o 2.0f 2229 \ / k / _ (7)_ — > §2 0 /5k 0 () >, c /�k i§S E}\ $0> J x » \ \ � E x w.0 c3 ) \ ƒ 3 0 \ % § a) k c k 2)- 20ƒ0 Revised Budget 1,065,883 140,000 98,000 34,000 12,000 E (93,000) 52,000 28,000 / / 0 H Current Budgeted Amount 1,158, 883 88,000 70,000 28,000 k r Description (Element -Object, e.g. Time Mgmt, Temp Help, Computer Hardware) Reserves for Future Expenditures Temp Help Labor F & E Food & Beverage Resale F & E Alcohol for Resale F & E F&B Paper Products Category (Pers, M&S, Cap Out, Contingency) Reserves Materials and Services Materials and Services Materials and Services Materials and Services Project Code Line Number Munis (ORG-OBJ) 6179650-521851 6159652-430380 6159652-460011 6159652-460031 6159652-460041 E 0 a 0 e � c 9 o E / \ § 1 CD == CO 0 CICO_ E° CI- 10 \ mac °-- 20 2 E 0 • of 0° Ek£E E�/ k(\/ \ C / ` Q C •(0 0 E # » % §{ CO o 0 G 2aa0 w99 7c \�7 cLL 202= 2 k —.c amain E# m# 222 b_a\/ a c o 2.0f 2229 \ / k / _ (7)_ — > §2 0 /5k 0 () >, c /�k i§S E}\ $0> J x » \ \ � E x w.0 c3 ) \ ƒ 3 0 \ % § a) k c k 2)- 20ƒ0 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 June 26, 2019 DATE: June 20, 2019 FROM: Wayne Lowry, Finance, 541-388-6559 TITLE OF AGENDA ITEM: Consideration of Board Signature of Resolution No. 2019-035 Budget Adjustment in the Fair and Expo Center Fund. RECOMMENDATION & ACTION REQUESTED: Staff recommends approval of Resolution 2019-035 increasing Appropriations in the Fair and Expo Center Fund. BACKGROUND AND POLICY IMPLICATIONS: As we approach year end, funds are reviewed to ensure that no fund is likely to overspend its budget. In most cases, fund managers can control their budgets but in others, expenditures are driven more by business than by budgets. The Fair and Expo Center is a good example of this. We are currently projecting that Temporary Help, food and beverage costs and alcohol purchases will be greater than anticipated due to events late in the year and the upcoming preparations for the Fair itself. These changes are necessary to provide the budget authority to finish the year and were not anticipated in the prior budget adjustment in April. FISCAL IMPLICATIONS: This budget adjustment authorizes an increase in the Fair and Expo Fund Program Budget appropriation of $93,000 for Fiscal Year 2019. This increase in Program Budget appropriation is possible by a supplemental budget adjustment from Reserves. ATTENDANCE: Wayne Lowry, Finance Director