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HomeMy WebLinkAboutRes 025 - Transfer Appropr - Fair-Expo 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 March 28, 2012 Please see directions for completing this document on the next page. DATE: March 21,2012 FROM: Marty Wynne Finance Phone # (541) 388-6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2012-025, transfer of appropriation in the Deschutes County Fair & Expo Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2012-025. Appropriation for the cost of deferred maintenance on the buildings and grounds at the Fair & Expo Center was not included in FY 2012 original budget. Many buildings were in need of painting and carpeting and, with occupancy at less than anticipated levels, there was an opportunity to complete these projects. Expenditures for electricity are projected to exceed the amount budgeted. Additional Materials & Services appropriation is required. FISCAL IMPLICATIONS: A transfer of appropriation from Contingency to Materials & Services for $155,000 is required. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2012-025 ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 Dan Despotopulos, Fair & Expo Director 548-2711 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 2011-2012 RESOLUTION NO. 2012-025 * Deschutes County Budget and Directing Entries * i I WHEREAS, attached is an e-mail from the Fair & Expo Director requesting a transfer of appropriations, and ! WHEREAS it is necessary to transfer appropriations within the Deschutes County Budget to accommodate the request; now therefore, I BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: I Section 1. That the following transfers of appropriations be made: I FROM: 618-9600-501.97-01 Deschutes County Fair & Expo Center, Contingency $ 155,000 I TO: 618-9600-453.43-20 Deschutes County Fair & Expo Center, Building/Grounds Repair & Maintenance $ 80,000 TO: 618-9600-453.43-30 Deschutes County Fair & Expo Center, Equipment Repair & Maintenance $ 25,000 TO: 618-9600-453.62-10 Deschutes County Fair & Expo Center, Electricity $ 50,000 PAGE I OF2·RESOLUTION NO. 2012·025 (03128/12) Section 2. That the Finance Director make the appropriate entries in the Deschutes County Budget document to show the above appropriations. DATED this _____~-day of March, 2012. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ANTHONY DEB ONE, Chair ~---------------------------ATTEST: ALAN UNGER, Vice-Chair Recording Secretary TAMMY BANEY, Commissioner PAGE 2 OF 2-RESOLI.JTfON NO. 2012-025 (03/28/12) Deschutes County Appropriation Transfer Request Line Number Category Description Current Item (HTE 14 digit code) 1 618-9600-453.43-20 2 618-9600-453.43-30 3 618-9600-453.62-10 4 618-9600-501.97-01 TOTAL (Pers, M&S, Cap Out, Contingency) Materials & Services Materials & Services Materials & Services Contingency (Element-Object, e.g. Time Mgmt, Temp Help, Computer Hardware) Bldg/Grounds Rep & Maintenance Equipment Repair & Maintenance Electricity Contingency Budgeted Amount 30,000 3,000 131,564 187,705 352,269 To (From) 80,000 25,000 50,000 (155,000) - Revised Budget 110,000 ' 28,000 181,564 32,705 352,269 A transfer of appropriation is required for the following reason and will be used for the following purpose: Appropriation for deferred maintenance on the buildings and grounds at the Fair & Expo Center was not included in FY 2012 original budget. Many buildings were in need of painting and carpeting and with occupancy at less than anticipated levels, there was an opportunity to complete these projects. Expenditures for electricity are projected to exceed the amount budgeted. Additional Materials & Services appropriation is required. Fund: Dept: Requested by: Date: Fair & Expo Center Fair & Expo Center Dan Despotopulos March 20,2012 ?filii¢)")J$(tif'i(lP',tIII!'IlIfIII"""'~!iM¥'''''''''¥1''''i\...·_%,!l!,I1I'''',\;;RI",:P "31,!,"* Ut;¢) ,J,*!'1!M!''I')!II'I'¥'hhJji/i1ii1F9W~~~~!,,''A'II$.Q,t; A'#MP"IIJ4,N.",r,,!t?,iji4),]$4i¥ ;;L;)ltI:1P_}./':l!~IIIA!'('Q ;:q:;;:g 1M 14M ta;iIl; 4 ,!P$ 'If,,..,, I ¢45!PW;;C %4# 49 ;; 4444 Judi Hasse From: Dan Despotopulos Sent: Wednesday, March 21, 2012 9:45 AM To: Marty Wynne Cc: Judi Hasse Subject: resolution Attachments: 20120321114800.pdf Marty: Attached is an approptiation transfer for fund #618. Please call if you have any questions. Thanks, Dan 1