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HomeMy WebLinkAboutRes 117 - Transer Appropr - School 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 September 24, 2012 Please see directions for completing this document on the next page. DATE: September 11,2012 FROM: Marty Wynne Finance Phone # (541) 388-6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2012-117, transfer of appropriation in the County School Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2012-117. Forest receipts in excess of the amount estimated in the FY 2013 budget have been received and must be distributed to the School Districts. FISCAL IMPLICATIONS: A transfer of appropriation from the General Fund Contingency category to the County School Fund Materials & Service category in the amount of $360,000 is necessary. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2012-117. ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 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 2012-2013 RESOLUTION NO. 2012-117 * Deschutes County Budget and Directing Entries * WHEREAS, attached is an e-mail from the Finance Department 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 $360,000 TO: 145-5400-480.70-70 Deschutes County School, Intergovernmental Expenditures, School District $360,000 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 September, 2012. BOARD OF COUNTY COMMISSIONERS OF DESCHUTESCOUNTY,OREGON ANTHONY DEBONE, Chair ATTEST: ALAN UNGER, Vice-Chair Recording Secretary TAMMY BANEY, Commissioner PAGE I OF I-RESOLUTION NO. 2012-117 (09/24/[2)