HomeMy WebLinkAboutRes 131 - Transfer Approp - No Co Bldg 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 November 12,2014
Please see directions for completing this document on the next page.
DATE: October 16,2014
FROM: Wayne Lowry ~~Finance (541) 388-6559
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2014-131, transferring appropriation from General Fund
Contingency and Transfers Out (North County Services Building) to Materials & Services and Capital
Outlay in the North County Services Building Fund.
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2014-131. Transfer of appropriations is necessary for the following:
1.) Due to the timing of the sale of County owned property in Redmond, the "Design Center",
resources from Project Development and the Debt Reserve Fund are required in the North County
Capital Projects Fund. 2.) The remodel of the "Unger Building", estimated at $755,000, was not
included in the FY 2015 budget. In order to expend these resources, appropriation needs to be
transferred from the General Fund to the North County Services Building Fund (462).3.) Resources are
required to pay off the note issued to purchase the "Antler Building". Proceeds from the sale of the
Design Center will be recorded in the Project Development and Debt Reserve Fund.
FISCAL IMPLICATIONS:
An additional $755,000 will be expended to upgrade the "Unger Building".
RECOMMENDATION & ACTION REQUESTED:
Approval and signature of Resolution #2014-131.
ATTENDANCE: Wayne Lowry
DISTRIBUTION OF DOCUMENTS:
Wayne Lowry, Finance Department 388-6559
FROM: 140-0800-419.92-30 Deschutes County Project Development & Debt Reserve,
Building $ 154,500
TO: 140-0800-491.96-89 Deschutes County Project Development & Debt Reserve,
Transfers Out (Fund 462) $ 154,500
Section 2. That the Finance Director make the appropriate entries in the Deschutes County
Budget document to show the above appropriations.
DATED this ____th day of November, 2014.
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON
TAMMY BANEY, Chair
ATTEST: ANTHONY DEBONE, Vice-Chair
Recording Secretary ALAN UNGER, Commissioner
PAGE 2 OF 2-RESOLUT10N NO. 2014-131 (11/12114)
Lacy Nichols
From: Susan Ross
Sent: Wednesday, October 15, 20144:51 PM
To: Wayne LOwry
Cc: Lacy Nichols
Subject: Appropriation Transfer
Attachments: Copy of Appropriation Transfer Fund 140 (For Fund 462).xls
Please see attached request.
Susan Ross I Director
Deschutes County Property & Facilities Department
PO Box 6005 I Bend, Oregon 97708
14 NW Kearney Avenue I Bend, Oregon 97701
susan.ross@deschutes.org Tel: (541) 383-6713 I Fax: (541) 317-3168
www.deschutes.org
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1
Deschutes County
Appropriation Transfer Request
Line Number
Item (HTE 14 digit code)
1 140-0800-491.96-89
2 140-0800-419-92.30
3 001-4500-501.97-01
4 462-0800-419.33-15
5 462-0800-419.33-55
6 462-0800-419.51-10
7 462-0800-419.44-60
8 462-0800-419.94-30
9 462-0800-419.92-10
10 140-0800-491.96-89
11 140-0800-419.92-30
TOTAL
Category Description
(Pers, M&S, Cap Out, (Element-Object, e.g. Time Mgmt,
Contingency) Temp Help, Computer Hardware)
Transfer Out Capital Project Fund (462)
Capital Outlay Building
Contingency Contingency
Materials & Services Architect
Materials & Services Engineering
Materials & Services Fees & Permits
Materials & Services Rental
Capital Outlay Furniture & Fixtures
Capital Outlay Building Remodel
Transfer Out Capital Project Fund (462)
Capital Outlay Building
Current
Budgeted
Amount To (From)
-755,000
980,422 (755,000)
8,037,394 (755,000)
40,000 35,000
-25,000
5,000 30,000
-15,000
-50,000
-600,000
-154,500
225,422 (154,500)
9,288,238 -
Revised
Budget
755,000
225,422
7,282,394
75,000
25,000
35,000
15,000
50,000
600,000
154,500
70,922
9,288,238
A transfer of appropriation is required for the following reason and will be used for the following purpose:
Due to the timing of the sale of County owned property in Redmond, the "Design Center", resources from Project
Development and Debt Reserve Fund are required in the North County Capital Projects Fund.
Lines 1 -9: The remodel of the "Unger Building", estimated at $755,000, was not included in the FY 2015 budget. In order
to expend these resources, appropriation needs to be transferred from the General Fund to the North County Svc Building Fund.
Lines 10-11: Resources are required to payoff the note, issued to purchase the "Antler Building".
Proceeds from the sale of the Design Center will be recorded in the Project Development & Debt Reserve Fund.
Fund:
Dept:
Requested by:
Date:
Proj Dev, General, N.County
BOCC
Susan Ross
10/15/2014