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2024-350-Resolution No. 2024-054 Recorded 12/30/2024Recorded in Deschutes County n REVIEWED Steve Dennison; County Clerk ���®Zeq +-���i Commissioners' Journal 12/30/2024 12:12:52 PM LEGAL COUNSEL II r � ;r C 2024-350 A «,„ BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE DESCHUTES EXTENSION AND 4-H SERVICE DISTRICT A Resolution to Increase Appropriations Within the 2024-25 Deschutes County Extension * RESOLUTION NO. 2024-054 And 4-H Service District Budget WHEREAS, the Deschutes County Finance department presented to the Board of County Commissioners on 12/18/24, with regards to increasing Beginning Working Capital and Appropriations within the Deschutes County Extension and 4-H Fund, and WHEREAS, ORS 294.471 allows a supplemental budget adjustment when authorized by resolution of the aoverninja body, and WHEREAS, it is necessary to increase appropriations to accommodate this request; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE DESCHUTES COUNTY EXTENSION AND 4-H SERVICE DISTRICT, as follows: Section 1. That Beginning Working Capital be recognized and the following revenue be increased in the 2024-25 Budget: (:enaral Fnnrl Beginning Working Capital $ 29,779 Total General Fund $ 29,779 Section 2. That the following expenditures be appropriated in the 2024-25 Budget: General Fund Contingency Total General Fund Page 1 OF 2-Resolution no. 2024-054 $ 29,779 $ 29,779 Section 3. That the Chief Financial Officer make the appropriate entries in the Deschutes County Financial System to show the above appropriations: DATED this ATTEST: Recording Secretary fday of December, 2024. Page 2 OF 2-Resolution no. 2024-054 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE DECHUTES COUNTY EXTENSION AND 4-H SERVICE DISTRICT i PATTI ADAM, Chair ANTHONY DEBONE, Vice -Chair PHIL CHANG, Commissioner 61 01 4+ M M M M GO Gp al 401 7 CY) 7 O p 00 M M m M M M O h H C! R tF, N V} fR n N n O N N O y N N F H n ol w C� C Ol Oj C y = N ry N d 3 iO t0 N y 7 h n f' bq O M M i bA O N N u m ¢ � m w w v w a a 2 a E i C C F 3 ru .O E O L .QO .Q Q bA �6 � 2 � G � Y CC O bA G y O U T u al c o b0 c Q Y u a O al Q o m on w O c I- U 0 v° FO U � � X � W CA Q U L C u CO � U a O I oM I I I I In- " O O 0 0 N N n T O ti V N u i N N N C O - a+ a+ O p v7 N N N cu E N W X a, v Ul 1n M N 'O 'O v O 0 o v -o Q c v o c D O LL K LU N a a - vT E S COG2a BOARD OF -•,,,,, COMMISSIONERS MEETING DATE: December 18, 2024 SUBJECT: Approval of Resolution 2024-054 adopting a supplemental budget which recognizes additional FY25 Beginning Working Capital and increases appropriations within the Deschutes County Extension and 4-H Service District RECOMMENDED MOTION: Move approval of Resolution 2024-054 recognizing additional Beginning Working Capital and increasing appropriations within the 2024-25 Deschutes County Extension and 4-H Service District Budget. BACKGROUND AND POLICY IMPLICATIONS: During the budgeting process, departments calculate an estimate of ending fund balances in February and March. These estimates are based on information known at the time, but often change given the timing and/or final cost of expenditures. The ending fund balance in the Deschutes County Extension and 4-H Service District Fund was greater than estimated; therefore, this is a budget adjustment to increase Beginning Working Capital by $29,779 and increase appropriations by the same amount within the Deschutes County Extension 4-H Service District Fund. Increasing Beginning Working Capital and requirements ensures the fund has appropriations for available resources. BUDGET IMPACTS: - Revenue o Recognizes $29,779 in additional Beginning Working Capital. Requirements o Increases Contingency by $29,779; revised Contingency is $301,903. Total increase in revenue and appropriations is $29,779 within the Deschutes County Extension 4-H Service District Fund. ATTENDANCE: Cam Sparks, Budget & Financial Planning Manager