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HomeMy WebLinkAboutRes 090 - Transfer Appropr - Gen Fund - Non-DeptDeschutes 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 27, 2012 Please see directions for completing this document on the next page. DATE: June 15,2012 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2012-090, transfer of appropriation within the General Fund Non-Departmental category. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2012-090. Additional resources are required in the Community Development Fund due to revenue shortfalls during FY 2012, therefore an increase in the General Fund's Transfer Out category is required. FISCAL IMPLICATIONS: A transfer of appropriation from General Fund Non-Departmental Contingency to Transfers Out­ Community Development for $120,000 is necessary. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2012-090. ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 Dave Inbody, Board of County Commissioners 322-7697 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. 2012-090 * Deschutes County Budget and Directing Entries * WHEREAS, attached is an e-mail from the Board of County Commissioners Office 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 $ 120,000 TO: 001-4500-491.96-41 Deschutes County Non-Departmental, Community Development $ 120,000 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 June, 2012. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ANTHONY DEBONE, Chair ATTEST: ALAN UNGER, Vice-Chair Recording Secretary TAMMY BANEY, Commissioner PAGE 1 OF !-RESOLUTIONNO. 2012-090 (06/27/12) Lacy Nichols From: Jeanine Faria Sent: Wednesday, June 06,20128:52 AM To: Marty Wynne Cc: Lacy Nichols Subject: Transfers Out -General Fund Attachments: Appropriation Transfer Fund 001 Dept 45.xls Marty, Attached is a worksheet showing the details of an increase in the General Fund's Transfers Out Category. A resolution will need to be prepared for the Board's approval on or before June 301 2012. Jeanine 1 Deschutes County Appropriation Transfer Request Item 1 2 Line Number (HTE 14 digit code) 001-4500-491.96-41 001-4500-501.97-01 Category (Pers, M&S, Cap Out, Contingency) Transfers Out Contingency Description (Element-Object, e.g. Time Mgmt, Temp Help, Computer Hardware) ToCDD Contingency Current Budgeted Amount 1,224,985 5,345,730 To (From) 120,000 (120,000) Revised Budget 1,344,985 5,225,730 TOTAL 6,570,715 -6,570,715 A transfer of appropriation is required for the following reason and will be used for the following purpose: Additional resources are required in the Community Development Fund due to revenue shortfalls during FY 2012, therefore an increase in the General Fund's Transfer Out Category is required Fund: Dept: Requested by: Date: General Fund Non-Departmental Marty Wynne June 6,2012 44u.!I!«l\,\IiI<i",Ul1.._.Mk ii, % Wii",,'''_''''' __