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2020-346-Resolution No. 2020-060 Recorded 10/6/2020REVIEWED am LEGAL COUNSEL Recorded in Deschutes County CJ2020-346 Nancy Blankenship, County Clerk Commissioners' Journal 10/06/2020 8:45:55 AM a 2020-346 For Recordin BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution to Approve a Supplemental Budget Within the 2020-21 Deschutes County Budget RESOLUTION NO. 2020-060 WHEREAS, Deschutes County's Fair and Expo Capital Reserve Fund had originally budgeted for a LED lighting upgrade in FY 2019-20. Due to COVID-19 and unforeseen supply chain issues the project was delayed, and now is being moved into FY 2020-21, and WHEREAS, ORS 294.471 allows a supplemental budget adjustment when authorized by resolution of the governing body, and WHEREAS, it is necessary to appropriate $66,940 in Program Expense from Reserves in the Fair and Expo Capital Reserve fund; now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That the following transfer of appropriation be made: Fair and Expo Capital Reserve Fund Reserves Program Expense ($ 66,940) $ 66,940 Section 2. That the Chief Financial Officer make the appropriate entries in the Deschutes County Financial System to show the above appropriations. DATED this ?��day of September, 2020. ATTEST: - V, Recording Secreta BOARD OF COUNTY COMMISSIONERS OF DESQ1UTES COUNTY, OREGON PATTI ADAIR, Chair a4l yw�___ ANTHONY DEBONE, Vice Chair PHILIP G. HE DERSON, Commissioner PAGE 1 OF 1-RESOLUTION NO. 2020-060 RFVFNI IF Line Number Item Fund Org Object Category Description Current Budgeted Amount To (From) Revised Budget TOTAL Line Number Category Description Item Fund Org Object (Pecs, M&S, Cap Out, Contingency) (Element -Object, e.g. Time Mgmt, Temp Help, Computer Hardware) Current Budgeted Amount To (From) Revised Budget 617 6179650 490445 Capital Outlay Technology Improvements 66,940.00 66,940.00 617 6179650 521851 Reserves Reserve for Future Expenditure 1,075,382.00 (66,940.00) 1,008,442.00 TOTAL $ 1,075,382.00 $ 66,940.00 $ 1,075,382.00 The LED lighting upgrade for the Event Center was originally budgeted to be completed in the FY20. The LED project was delayed due to supply chain issues in obtaining the necessary supplies, including LED lighting fixtures due to COVID-19. Fair & Expo worked with facilities on this project, and it is currently extended into FY21. Fund: 617 Dept: Fair and Expo Capital Reserve Requested by: Daniel Emerson Date: 9/21/2020 01 E s coG� 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 September 30, 2020 DATE: September 21, 2020 FROM: Dan Emerson, Finance, TITLE OF AGENDA ITEM: Consideration of Board Signature of Resolution No. 2020-060, to Approve a Supplemental Budget Increase in the 2020-21 Deschutes County Budget RECOMMENDATION & ACTION REQUESTED: Staff recommends approval of Resolution 2020-060 Increasing the FY 2020-21 budget appropriations in the Fair and Expo Capital Reserve Fund by $66,940. BACKGROUND AND POLICY IMPLICATIONS: The LED lighting upgrade for the Event Center was originally budgeted and planned to be completed in FY 2019-20. Initially delayed from late summer of 2020, this project was further set back due to supply chain issues in obtaining the necessary supplies, including LED lighting fixtures due to COVID-19. Fair & Expo worked with facilities on this project, this will now be extended into FY 2020-21. FISCAL IMPLICATIONS: This budget adjustment authorizes an increase in budget appropriations in the Fair and Expo Capital Reserve Fund by transferring $66,940 from Reserves to Program Expense. ATTENDANCE: Geoff Hines, Director, Fair and Expo, Dan Emerson, Budget Manager