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HomeMy WebLinkAboutRes 087 - Transfer Appropr - Room Tax 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 June 23, 2010 Please see directions for completing this document on the next page. DATE: June 14, 2010 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2010-087, transfer of appropriation to the Deschutes County Transient Room Tax Fund & the Welcome Center Fund from the General Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2010-087. Transfers of approprations are required for the following reasons and will be used for the following purposes: The 2009-2010 room tax collections are estin.ated to be higher than budget. The additional resources are required to be paid to Central Oregon Visit( rs Assocation (COVA) and to Law Enforcement District #2 (Rural), therefore; additional appropriati Jn is required. The transfer out to the Sherriffs Office Fund needs to be increased for the same reason. FISCAL IMPLICATIONS: A transfer of appropriation of $376,000 from General Fund Non Departmental Contingency to th Transient Room Tax Fund and the Welcome Center Fund is required. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2010-087. 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. 2010-087 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 DESCHUT ES 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 TO: 160-9400-415.59-17 Deschutes County Transient Room Tax, Law Enf Dist 2 -Rural TO: 160-9400-480.70-35 Deschutes County Transient Room Tax, Central Oregon Visitors Assoc. TO: 170-9400-480.70-35 Deschutes County Welcome Center, Central Oregon Visitors Assoc. $376,0C $258,0( 0 $ 64,010 $ 54,0)0 Section 2, That the Finance Director make the appropriate entries in the Deschutes Cc unty Budget document to show the above appropriations. DATED this rd day of June, 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 I -RESOLUTION NO. 20104)87 (0/2311 0) Lacy Nichols From: Cheryl L Circle Sent: Monday, June 07, 2010 4:04 PM To: Marty Wynne Cc: Lacy Nichols Subject: Room Tax - Appropriation Transfer Attachments: Appropriation Tran sfers.0610.x... Appropriation_Transfers.0610.xls Marty, attached please find the appropriation transfer form regarding room tax collet tion estimates being higher than budget. Cheryl 1 C 7 0 cn0 w L cnU 0 .2- = 0 7 -0 O - c a) Q c O .o U 0 -a o o a) a-" �u c O en LE, CO -O § ca o o °n p a) 2 i Toa`) c 8 O 0) -0 co cn a) L m-0 c -o c m � � c x czL a)E mL O _a) cu O � � O EO O O OL a) (0 (0 - E11.2 ' a) N `) O 0) N `O O (0 F- c E O O J c Transient Room Tax & Welcome Center a) U (0 c LL a) c0 N ti Revised Budget cn t."-•cn h- ti CO 342,887 I (376,000) 1 1 TOTAL 2,485,497 - 2,485,4971 V' O N To (From) 64,000 258,000 54,000 (376,000) Current Budgeted Amount 409,773 1,786,837 CO CO cO CO N Description (Element -Object, e.g. Time Mgmt, Temp Help, Computer Hardware) [Law Enforcement Dist #2 (Rural) COVA 0 C (1) Q O 0) c o U U Category (Pers, M&S, Cap Out, Contingency) � Materials & Services Materials & Services Materials & Services [Contingency Project Code Line Number (HTE 14 digit code) 160-9400-480.70-35 1 160-9400-415.59-17 170-9400-480.70-35 1001-4500-501.97-01 N- N N CO .2- = 0 7 -0 O - c a) Q c O .o U 0 -a o o a) a-" �u c O en LE, CO -O § ca o o °n p a) 2 i Toa`) c 8 O 0) -0 co cn a) L m-0 c -o c m � � c x czL a)E mL O _a) cu O � � O EO O O OL a) (0 (0 - E11.2 ' a) N `) O 0) N `O O (0 F- c E O O J c Transient Room Tax & Welcome Center a) U (0 c LL a) c0 N ti