HomeMy WebLinkAboutRes 091 - Transfer Appropr - Beth Inn 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
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FISCAL IMPLICATIONS: An appropriation transfer from Non-Departmental General Fund I
Contingency to Non-Departmental Transfers Out-Miscellaneous Fund (128) is necessary.
RECOMMENDATION & ACTION REQUESTED:
AGENDA REQUEST & STAFF REPORT
For Board Business Meeting of June 16,2014
Please see directions for completing thij' document on the next page.
DATE: June 6, 2014
FROM: Wayne Lowry ~/ Finance (541) 388-6559
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2014-091, transfer of appropriation from the General Fund
Contingency to the General Fund Transfers Out-Miscellaneous Bethlehem Inn Fund (128).
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2014-091. The BOCC has agreed to transfer resources from the General
Fund -Operations Fund to the Bethlehem Inn Fund, a sub-Fund of the General Fund, to close the fund.
The Bethlehem Inn Fund will be inactivated effective June 30,2014.
Approval and signature of Resolution #2014-091.
ATTENDANCE: Wayne Lowry
DISTRIBUTION OF DOCUMENTS:
Wayne Lowry, Finance Department 388-6559
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REVIEWED
LEGAL COUNSEL
For Recording Stam Only
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Transferring Appropriations *
Within the Various Funds of the 2013-2014 >I< RESOLUTION NO. 2014-091
Deschutes County Budget and Directing Entries >I<
WHEREAS, attached is an e-mail 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: 001-4500-501.97-01 Deschutes County Non-Departmental,
Contingency $ 2.700.000
TO: 001-4500-491.96-10 Deschutes County Non-Departmental.
Transfers Out, Miscellaneous (Fund] 28) $ 2,700,000
Section? That the Finance Director make the appropriate entries in the Deschutes County
Budget document to show the above appropriations.
DATED this _____... day of June, 2014.
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON
TAMMY BANEY, Chair
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ATTEST: ANTHONY DEBONE, Vice-Chair I
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Recording Secretary ALAN UNGER, Commissioner
PAGE I OF I·RESOLt;TION NO 2014·091 (06/16114)
Lacy Nichols
From: Wayne Lowry
Sent: Friday, June 06, 2014 4:22 PM
To: Lacy Nichols; Jeanine Faria; Wayne Lowry
Subject: Budget Adjustment for Closing Bethlehem Inn Fund #128
Attachments: Bethlehem Inn Appropriation Transfer Fund 001 Dept 45c.xlsx
Please process a budget adjustment as set forth in the attachment for the Bethlehem Inn fund to allow its closure before
June 30, 2014.
Thanks
Wayne lowry, CPA I Finance Director
Deschutes County
1300 NW Wall St., Ste. 200 I Bend, Oregon 97701-1906
Office: (541) 388-6559 Cell: (541) 788-0093 Wayne.lowry@deschutes.org
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Deschutes County
Appropriation Transfer Request
Line Number Category Description
Current
(Pers, M&S, Cap Out, (Element-Object, e.g. Time Mgmt, Budgeted Revised
Item (HTE 14 digit code) Contingency) Temp Help, Computer Hardware) Amount To (From) Budget
1 001-4500-491.96-10 Transfers Out Transfer Out-Misc (Fund 128) -2,700,000 2,700,000
2 001-4500-501.97-01 Contingency Contingency 8,034,205 (2,700,000) 5,334,205
TOTAL 8,034,205 -8,034,205
A transfer of appropriation is required for the following reason and will be used for the following purpose:
As discussed with the Budget committee, it has been determined that for more accurate reporting, the Bethlehem Inn fund (#128)
,a sub fund of the general fund, should be eliminated and merged with the general fund prior to June 30, 2014. The FY 2015 budget
approved by the Budget Committee assumes the merging of this fund with the general fund in the estimate of general fund
be~ning \Norking capit.sL I() rn~rg~ th~ funds, the general fund transfer is int:r~Cls~d by $?,IOO,QQQ from contingency.
Fund:
Dept:
Requested by:
Date:
General Fund
Non-Departmental
LowryI Anderson
June 16, 2014
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