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2019-301-Resolution No. 2019-033 Recorded 7/12/2019Recorded in Deschutes County CJ2019-301 REVIEWED Nancy Blankenship, County Clerk MR Commissioners' Journal 07/12/2019 4:29:58 PM LEGAL COUNSELII � I I II II I'II II I (' I II I I II II (III �uTES co 2019-301 r ui ivcwi umg a Lawp viuy BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Creating a change fund for the gate activity and increasing the change fund * RESOLUTION NO. 2019-033 and the Imprest checking account for the food & beverage activity and petty cash fund for the duration of the Annual County Fair WHEREAS, the Deschutes County Fair & Expo Center needs a change fund in the amount of $130,000 to facilitate the ticket sales activity during the Annual County Fair; and, WHEREAS, the Deschutes County Fair & Expo Center needs to increase its Change Fund for its Food & Beverage activity during the Annual County Fair from $6,000 to $35,000; and, WHEREAS, the Deschutes County Fair & Expo Center needs to increase its Imprest Checking Account for its Food & Beverage activity during the Annual County Fair from $10,000 to $50,000; and, WHEREAS, the Deschutes County Fair & Expo Center needs to increase its Petty Cash Fund for its Fair activity during the Annual County Fair from $700 to $1,500; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That checks totaling $199,800 be drawn to create such accounts. Section 2. That the change funds be deposited to the County's General Deposit bank account not more than two (2) business days after the conclusion of the Annual County Fair. Section 3. That an accounting of the disbursements made from the Imprest Checking Account be prepared and forwarded to the Finance Department not more than two (2) business days after the conclusion of the Annual County Fair. PAGE I of 2 — RESOLUTION NO. 2019-033 Section 4. That the reconciled balance in the Imprest Checking Account be reduced to $10,000 by depositing a check into the County's General Deposit bank account not more than two (2) business days after the conclusion of the Annual County Fair. Section 5. That the reconciled balance in the Petty Cash Fund be reduced to $700 by depositing a check into the County's General Deposit bank account not more than two (2) business days after the conclusion of the Annual County Fair. DATED this f day o 2019. BOARD OF JUNTY COMMISSIONERS OF DESCHUTES COUNTY, PHILIP G.IHENDERSON, Chair ATTEST• PATTI ADAIR, Vice -Chair cording Secretary ANTHONY DEBONE, Commissioner PAGE 2 OF 2 -RESOLUTION NO. 2019-033 E S CSG �� a 2 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 July 10, 2019 DATE: July 3, 2019 FROM: Greg Munn, Finance, 541-388-6559 TITLE OF AGENDA ITEM: Consideration of Board Signature of Resolution No. 2019-033, Creating a Change Fund for the Gate Activity, Increasing the Change Fund, Increasing the Imprest Checking Account for the Food & Beverage Activity and Increasing the Petty Cash Fund for the Duration of the Annual County Fair. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2019-033 BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2019-033 to establish a change fund in the amount of $130,000 to facilitate ticket sales activity, increase the change fund for the food & beverage activity from $6,000 to $35,000, increase the imprest checking account for food & beverage activity from $10,000 to $50,000, and increase the petty cash fund from $700 to $1,500 for the 2019 Annual County Fair. FISCAL IMPLICATIONS: None. ATTENDANCE: Greg Munn, Chief Financial Officer