HomeMy WebLinkAboutRes 081 - Transfer Appropr - Insurance-Risk FundDeschutes County Board of Commissioners
1300 NW Wall St., Suite 200, Bend, OR 97701-1960
(541) 388-6570 -Fax (541) 385-3202 -www.deschutes.org
AGENDA REQUEST & STAFF REPORT
For Board Business Meeting of June 16,2014
Please see directions for completing this document on the next page.
DATE: June 3, 2014
FROM: Wayne Lowry yJ~ Finance Phone # (541) 388-6559
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2014-081, transfer of appropriation in the Insurance/Risk
Management Fund.
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2014-081. Liability losses are higher than anticipated due to a trailer
catching fire at the Transfer Station in August 2013. The fire caused $92,000 in damage, $82,000 of
which the County was able to recover through its property insurance.
FISCAL IMPLICATIONS:
A transfer of appropriation from Contingency to Materials & Services for $150,000 is necessary.
RECOMMENDATION & ACTION REQUESTED:
Approval and signature of Resolution #2014-081.
ATTENDANCE: Wayne Lowry
DISTRIBUTION OF DOCUMENTS:
Wayne Lowry, Finance Department 388-6559
Erik Kropp, BOCC 388-6584
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REVIEWED
LEGAL COUNSEL
For Recording Stamp Only
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Transferring Appropriations *
Within the Various Funds of the 2013-2014 RESOLUTION NO. 2014-081 *
Deschutes County Budget and Directing Entries *
WHEREAS, attached is an e-mail from the Risk Management Department requesting a transfer
of appropriations, and
WHEREAS it is necessary to transfer appropriations within the Deschutes County Budget to
accommodate the request; now therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. That the following transfers of appropriations be made:
FROM: 670-7100-501-97 -01 Deschutes County Insurance Fund,
Risk Management, Contingency $ 150,000
TO: 670-7] 00-415.52-11 Deschutes County Insurance Fund.
Risk Management. Liability Losses $ 150,000
Section 2. That the Finance Director make the appropriate entries in the Deschutes County
Budget document to show the above appropriations.
DA TED this ___~_th day of June, 2014.
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON
TAMMY BANEY, Chair
ATTEST: ANTHONY DEBONE. Vice-Chair
Recording Secretary ALAN UNGER, Commissioner
PAGE 1OF I·RESOLlT10N NO, 2014·081 (06/16i14)
Lacy Nichols
From: Erik Kropp
Sent: Tuesday, May 27,20149:27 AM
To: Wayne Lowry; Teri Maerki; Jeanine Faria; Lacy Nichols
Subject: Appr Transfer Request Fund 670 FY 2014 may 2014.xlsx
Follow Up Flag: Follow up
Flag Status: Flagged
Please process the attached appropriation transfer request.
Thanks,
Erik
Appr Transfer
Request Fund 67. , .
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Line Number Item
(HTE 14 digit code) Item
670-7100-415.52-111
670-7100-501.97-012
TOTAL
Deschutes County
Appropriation Transfer Request
Cate~qry
(Pers, M&S, Cap Out,
Contingency)
Materials& Services
Contingency
Description
(Element-Object, e.g. Time Mgmt,
Temp Help, Computer Hardware)
Liabil~ Losses
Contingency
Current
Budgeted
Amount
400,000
2,871,279
3,271,279
To (From)
150,000
(150,000)
-
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Revised
Budget
550,000
2,721,279 !
-
-I
-
3,271,279
A transfer of appropriation is required for the following reason and will be used for the following purpose:
Liability losses are running higher than anticipated due to a fire in a trailer that was in the Transfer Station August 2013. The fire
caused $92,000 in damage, the County was able to recover $82,000 from its property insurance.
Fund:
Dept:
Requested by:
Date:
Risk Management
670-7100
Erik Kropp
5/22/2014