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HomeMy WebLinkAboutRes 028 - Transfer Appropr - Room Tax-Welcome CenterDeschutes 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 April 11, 2012 Please see directions for completing this document on the next page. DATE: April 4, 2012 FROM: Marty Wynne Finance Phone # (541) 388~6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2012-028, transfer of appropriation to the Transient Room Tax Fund and the Welcome Center Fund from General Fund Contingency. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2012-028. Room Tax collections are estimated to be higher than budgeted. The additional resources will be paid to COY A and to Law Enforcement District #2 (Rural) from the Transient Room Tax and Welcome Center Fund. Also, room tax audits planned for FY 2011 were not completed until FY 2012; therefore, additional appropriation is required. FISCAL IMPLICATIONS: A transfer of appropriation from General Fund Contingency to the Transient Room Tax Fund and the Welcome Center Fund for Materials & Services for $325,000 is necessary. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2012-028. ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department (541) 388-6559 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. 2012-028 * Deschutes County Budget and Directing Entries * 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 General Fund, Non-Departmental, Contingency $ 325,000 TO: 160-9400-465.70-35 Deschutes County Transient Room Tax Fund, COVA $ 55,000 TO: 160-9400-415.59-17 Deschutes County Transient Room Tax Fund, Law Enforcement District 2 $ 220,000 TO: 160-9400-415.33-20 Deschutes County Transient Room Tax Fund, Auditing! Acct Svcs $ 4,000 TO: 170-9400-465.33-20 Deschutes County Welcome Center Fund, Auditing! Acct Svcs $ 1,000 TO: 170-9400-465.70-35 Deschutes County Welcome Center Fund, COVA $ 45,000 PAGE 1 OF 2-REsOLUTION NO. 2012-028 (4/11112) 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 April, 2012. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ANTHONY DEBONE, Chair ATTEST: ALAN UNGER, Vice-Chair Recording Secretary TAMMY BANEY, Commissioner PAGE 2 OF2-REsOLUTION NO. 2012-028 (4/11/12) Judi Hasse From: Cheryl L Circle Sent: Thursday, March 29, 2012 10:48 AM To: Marty Wynne Cc: Judi Hasse Subject: Appropriation Transfer Request Room Tax Attachments: Appropriation_ Transfers.0312.est.xls Marty, As we discussed with room tax collections being higher than budgeted, please find attached the Appropriation Transfer Request. Cheryl 1 Deschutes County Appropriation Transfer Request Une Number Project Item (HTE 14 digit code) Code 1 160-9400-465.70-35 2 160-9400-415.59-17 3 160-9400-415.33-20 4 170-9400-465.33-20 5 170-9400-465.70-35 6 001-4500-501.97-01 TOTAL Category Description (Pers, M&S, Cap Out, (Element-Object, e.g. Time Mgmt, Contingency) Temp Help, Computer Hardware) Materials & Services CaVA Materials & Services law Enforcement District 2 Materials & Services Auditing/Acct Svcs Materials & Services Auditing/Acet Svcs Materials & Services CaVA Contingency Contingency Current Budgeted Revised Amount To (From) Bud[et 478,042 55,000 533,042 2,073,856 220,000 2,293,856 8,369 4,000 12,369 1,188 1,000 2,188 347,348 45,000 392,348 5,764,125 (325,000) 5,439,125 8.672.928 -8,672,928 A transfer of appropriation is required for the following reason and will be used for the following purpose: Room Tax collections are estimated to be higher than budget. The additional resources will be paid to CaVA and the transfer to the Sheriff's Fund from the room tax fund will increase. Also, room tax audits budgeted in FY11 were not completed until FY12; therefore, additional appropriation is required. Fund: Dept: Requested by: Date: Transient Room Tax & Welcome Center I Finance 3/29/2012 ..