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HomeMy WebLinkAboutRes 019 - Transfer Appropr - General Fund❑amu#.t; -( 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 #2010-019, transfer of appropriation within the General Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2010-019, transfer of appropriation within the Deschutes County General Fund. Due to a shortfall in actual revenues, additional resources are required in the Video Lottery F and. A transfer of appropriation from General Fund Non -Departmental Contingency to General Fund Transfers Out is necessary. FISCAL IMPLICATIONS: Due to a shortfall in actual revenue, $30,000 of General Fund resources will be transferred to the Video Lottery Fund. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2010-019. ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 Dave Inbody, Board of County Commissioners 322-6797 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. 2010-019 Deschutes County Budget and Directing Entries * WHEREAS, attached is an e-mail from the Assistant to the County Administrator requesting, a transfer of appropriations, and WHEREAS it is necessary to transfer appropriations within the Deschutes County Budget :o 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 Non -Departmental. Contingency TO: 001-4500-491.96-80 Deschutes County Non -Departmental, Transfers Out, Video Lottery $30,000 $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. 2010-019 (3/24/10) Page 1 of 2 Lacy Nichols From: Dave Inbody Sent: Wednesday, February 10, 2010 4:09 PM To: Marty Wynne Cc: Lacy Nichols Subject: FW: General Fund Transfer Follow Up Flag: Follow up Flag Status: Red Attachments: Fund 165 Appropriation Transfer.xls; 2-8-10 Minutes of Work Session.doc Marty, At the Monday BOCC work session, the Board authorized the transfer of $30,000 from the General Fund to the Video Lottery Fund to be used for extending the Discretionary Grant Program. Can you please prepare a resolution for the appropriation transfer identified in the attached file. I have also attached a copy of the BOCC work session minutes in which the Board authorized this transfer (it was item #2). Let me know if you need any additional information from me. Thanks, Dave From: Jeanine Faria Sent: Wednesday, February 10, 2010 1:26 PM To: Dave Inbody Subject: RE: General Fund Transfer Here is the appropriation transfer worksheet. You can amend the explanation as you like. Send an email to Marty with the Excel file attached (please copy Lacy), requesting that Finance prepare a resolution for an appropriation transfer. The minutes of the Board's meeting can attached to that email. Jeanine From: Dave Inbody Sent: Wednesday, February 10, 2010 1:02 PM To: Jeanine Faria Subject: General Fund Transfer Jeanine, At the BOCC work session on Monday, the Board decided to transfer $30,000 from the General Fund to the Video Lottery Fund to use for Discretionary Grants. This was a consideration raised during a previous discussion with the Board. Can you provide me with the appropriate form to complete the transfer. I assume you would also like minutes from the meeting. Is there anything else I will need to provide? Let me know Thanks, Dave 2/10/2010 General Fund To a) E 0 a) 0 O z v 0 n C a) 0 0 0 N 0 N T a) a) C Q c z CD CO LI- 0 Q' Revised Budget 30,000 f 5,974,713 TOTAL 6,004,713 - 6,004,713 To (From) 0 0 0 0 CO (30,000) Current Budgeted Amount i M 0 O O Description (Element -Object, e.g. Time Mgmt, Temp Help, Computer Hardware) 1 Video Lottery 0 C N O) C C O 0 a" 0 0) a) 0 (Pers, M&S, Cap Out, Contingency) Transfers Out Contingency Project Code Line Number (HTE 14 digit code) 001-4500-491.96-80 001-4500-501.97-01 E N General Fund To a) E 0 a) 0 O z v 0 n C a) 0 0 0 N 0 N T a) a) C Q c z CD CO LI- 0 Q'