HomeMy WebLinkAboutRes 018 - Transfer Appropr - County School FundNA° -c ES C
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Deschutes 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 24, 2010
Please see directions for completing this document on the next page.
DATE: March 8, 2010
FROM: Marty Wynne Finance Phone # (541) 388-6559
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2010-018, transfer of appropriation in the County School
Fund.
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2010-018, transfer of General Fund Non -Departmental appropriation to
the County School Fund. Resources in excess of the FY 2010 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 Fun,1
Materials & Service category in the amount of $30,000 is necessary.
RECOMMENDATION & ACTION REQUESTED:
Approval and signature of Resolution #2010-018.
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 2009-2010 * RESOLUTION NO. 2010-018
Deschutes County Budget and Directing Entries *
WHEREAS, attached is an e-mail from the Finance Department requesting a transfer if
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 DESCHUTI:S
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 $30,000
TO: 145-5400-480.70-70 Deschutes County School, Intergovernmental
Expenditures, School District $30,000
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 March. 2010.
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON
DENNIS R. LUKE, Chair
ATTEST: ALAN UNGER, Vice -Chair
Recording Secretary TAMMY BANEY, Commissioner
PAGE 1 OF 1 -RESOLUTION No. 2010-018 (3/24/10)
Lacy Nichols
From: Cheryl L Circle
Sent: Tuesday, January 19, 2010 12:05 PM
To: Marty Wynne
Cc: Lacy Nichols
Subject: Appropriation for County School Fund
Follow Up Flag:
Flag Status:
Attachments:
Follow up
Red
countyschool.appropriation.tf.0110.doc; County School Appropriation_Transfers.Jan 1010.xls
countyschool.appro County School
priation.tf.... Appropriation_Tr...
Marty,
Pursuant to our conversation this morning, please find attached the memo regarding the
request for additional appropriation in the County School Fund (145) and a Appropriat:.on
Transfer Request for your review.
If there is anything else I need to take care of just let me know.
Thanks,
Cheryl
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Revised
Budget
6,064,713
1,084,200'
TOTAL 7,148,913 - 7,148,913
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(30,000)
30,000
Current
Budgeted
Amount
6,094,713
1,054,200
Description
(Element -Object, e.g. Time Mgmt,
Temp Help, Computer Hardware)
Contingency
School District
Category
(Pers, M&S, Cap Out,
Contingency)
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School District
Project
Code
Line Number
(HTE 14 digit code)
001-4500-501.97-01
145-5400-480.70-70
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MEMORANDUM
Date: March 5, 2010
To: Marty Wynne, Tax Administrator
From: Cheryl Circle, Revenue Supervisor
Re: Additional Appropriation requested for County School Fund (145)
With the recent receipt of the Federal Forest Receipts and review of the County
School Fund (145), we do not have sufficient appropriation for distribution to the school
districts. It is estimated we will need an additional $30,000 of appropriation.
This is the result of more revenues being received than budgeted, in particular the
Tax on Electric Co-ops revenue received above budget by $29,158.26.
Thanks,