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HomeMy WebLinkAboutRes 035 - Transfer Appropriations - Gen FundDeschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701-1960 (541) 388-6570 - Fax (541) 385-3202 - www.deschutes.orr, AGENDA REQUEST & STAFF REPORT For Board Business Meeting of April 27, 2011 Please see directions for completing this document on the next page. DATE: April 22, 2011 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2011-035, transfer of appropriations in the General Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2011-035. The General Fund has additional revenues which are available to transfer to the Administrative Services and Finance Internal Services Funds, and three Reserve funds, Assessment & Taxation Reserve, Fair & Expo Center Capital Reserve and General Capital Reserve. These one-time revenues were not anticipated at the time of the FY 2011 original budget. FISCAL IMPLICATIONS: A transfer of appropriation from Contingency to Transfers Out S963,000 is required. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2011-035. ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-65.59 > 7 O 0 N a) L U N a) 0 A transfer of appropriation is required for the following reason and will be used for the following purpose: c U 0 a) Q -a N (13 N c_ u (1) 0)-0 O 7 .� c N >, LL O (1) c D 7 O L 9- N N c -a co a) IL- 0- (1) :U L N c O Q) .(13 Q) Q O L U_ 0- L N a N C Q) 7 (1) a) > a') a) �- a) -a c a) cID c N o -a La-) N a) N .t.5_:° O (1) �+ N Zr) (6 -a C O Q) c c General Fund Dave Kanner April 22, 2011 Revised Budget 4,082,274 0 0 0 c 0 co 187,000 172,000 400,000 363,000 TOTAL 5,810,274 - 5,810,274 To (From) 0 0 0 cn- co O) 0 0 0 co 0 co 107,000 10,000 100,000 140,000 Current Budgeted Amount 5,045,274 ' o o O O co 162,000 300,000 223,000 Description (Element -Object, e.g. Time Mgmt, Temp Help, Computer Hardware) Contingency Reserve Fund (Gen Cap Res) A & T Reserve Administrative Services Fair & Expo Reserve Finance Category (Pers, M&S, Cap Out, Contingency) Contingency Transfers Out Transfers Out Transfers Out Transfers Out Transfers Out Line Number (HTE 14 digit code) 001-4500-501.97-01 001-4500-491.96-16 001-4500-491.96-23 001-4500-491.96-72 001-4500-491.96-84 001-4500-491.96-86 E ,— (NI C) L(} CO A transfer of appropriation is required for the following reason and will be used for the following purpose: c U 0 a) Q -a N (13 N c_ u (1) 0)-0 O 7 .� c N >, LL O (1) c D 7 O L 9- N N c -a co a) IL- 0- (1) :U L N c O Q) .(13 Q) Q O L U_ 0- L N a N C Q) 7 (1) a) > a') a) �- a) -a c a) cID c N o -a La-) N a) N .t.5_:° O (1) �+ N Zr) (6 -a C O Q) c c General Fund Dave Kanner April 22, 2011 REVIEWED LEGAL COCNSEL For Recording Stamp Only BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY. OREGON A Resolution Transferring Appropriations Within the Various Funds of the 2010-2011 Deschutes County Budget. and Directing Entries RESOLUTION NO. 2011-035 WHEREAS. the General Fund has additional revenues which are available to be transferred to Administrative Services and Finance Internal Service Funds. Fair & Expo Center Capital Reserve. Assessment & Taxation Capital Reserve and General Capital Reserve. 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 COMMISSIONER 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, Contingency S 963.000 TO: 001-4500-491.96-72 Deschutes County General Fund. Transfers Out — Admin Services S 10.000 T0: TO: TO: TO: 001-4500-491.96-56 Deschutes County General Fund, Transfers Out Finance 001-4500-491.96-S4 Deschutes County General Fund. Transfers Out.— Fair & Expo Reserve 001-4500-491.96-23 Deschutes County General Fund. Transfers Out A & T Reserve 001-4500-491.96-16 Deschutes County General Fund, Transfers Out General Capital Reserve PAGE 1 OF '_ -Resor_ [;ON 2)))! I-ri35!HH-1 27 I I i S 140.000 S 100.000 S 107,000 S 606,000 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. 2011. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY. OREGON TAMMY BANEY, Chair ATTEST: ANTHONY DEBONE, Vice -Chair Recording Secretary ALAN UNGER, Commissioner P v.GL 2 or 2-aLsr„