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HomeMy WebLinkAboutRes 023 - Transfer Appropr - Park FundDeschutes County Board of Commissioner, 1300 NW Wall St., Suite 200, Bend, OR 97701 -196( (541) 388 -6570 - Fax (541) 385 -3202 - www.deschutes.orl., AGENDA REQUEST & STAFF REPORT For Board Business Meeting of March 25, 2009 Please see directions for completing this document on the next page. DATE: March 5, 2009 FROM: Marty Wynne Finance Phone # (541) 388 -6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2009 -023, transfer of appropriation in the Park Acquisi ion & Development Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2009 -023, transfer of appropriation in the Park Acquisition & Development Fund. Additional appropriation is necessary in order to transfer an additional $100,0(10 cash to the RV Park Fund. The RV Park Fund did not receive as much revenue as originally anticipated and will therefore be unable to meet debt service without the additional cash transfer. FISCAL IMPLICATIONS: A transfer of appropriation from Contingency and Materials & Service to Transfers Out for $100,0 )0 is necessary. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2009 -023. ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388 -6559 Susan Ross, Property & Facilities 383 -6713 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 2008 -2009 * RESOLUTION NO. 2009 -023 Deschutes County Budget and Directing Entries * WHEREAS, attached is an e-mail from the Property & Facilities Director requesting a transf ,r 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: FROM: FROM: FROM: FROM: TO: 130 - 0800 - 501.97 -01 130- 0800 - 452.33 -55 130 - 0800 - 452.33 -85 130 - 0800 - 452.42 -95 130- 0800 - 452.43 -20 130- 0800 - 491.96 -75 PAGE 1 OF 2- RESOLUTION NO. 2009-023 (3/25/09) Deschutes County Park Acquisition & Development, Contingency $ 57,900 Deschutes County Park Acquisition & Development, Professional Services, Engineering $ 10,000 Deschutes County Park Acquisition & Development, Professional Services, Planning $ 10,000 Deschutes County Park Acquisition & Development, Cleaning Services, County Park Maint $ 20,000 Deschutes County Park Acquisition & Development, Repairs & Maint, Building /Grounds $ 2,100 Deschutes County Park Acquisition & Development, Transfers Out, RV Park (601) $100,000 Section 2. That the Finance Director make the appropriate entries in the Deschutes Count y Budget document to show the above appropriations. DATED this th day of March, 2009. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON TAMMY BANEY, Chair ATTEST: DENNIS R. LUKE, Vice -Chair Recording Secretary ALAN UNGER, Commissioner PAGE 2 OF 2- RESOLUTION NO. 2009 -023 (3/25/09) Deschutes County Appropriation Transfer Request A transfer of appropriation is required for the following reason and will be used for the following purpose: Additional appropriation is necessary in order to transfer an additional $100,000 cash to the RV Park Fund. The RV Park Fund did not receive as much revenue as originally anticipated and will therefore be unable to meet debt service without the additional cash transfer. Fund: Dept: Requested by: Date: 130 Park Acquisition & Development Susan Ross 2/10/2009 Line Number Category Description Item (HTE 14 digit code) Project Code (Pers, M &S, Cap Out, Contingency) (Element- Object, e.g. Time Mgmt, Temp Help, Computer Hardware) Current Budgeted Amount To (From) Revised Budget 1 130 - 0800 - 491.96 -75 Transfers Out RV Park Fund (601) 185,000 100,000 285,000 2 130 - 0800 - 452.33 -55 M &S Engineering 10,000 (10,000) - 3 130 - 0800 - 452.33 -85 M &S Planning 10,000 (10,000) - 4 130 - 0800 - 452.42 -95 M &S County Park Maintenance 20,000 (20,000) - 5 130 - 0800 - 452.43 -20 M &S Bldg Grounds Repair& Maint 10,000 (2,100) 7,900 2 130 - 0800 - 501.97 -01 Contingency Contingency 57,900 (57,900) - TOTAL 292,900 - 292,900 A transfer of appropriation is required for the following reason and will be used for the following purpose: Additional appropriation is necessary in order to transfer an additional $100,000 cash to the RV Park Fund. The RV Park Fund did not receive as much revenue as originally anticipated and will therefore be unable to meet debt service without the additional cash transfer. Fund: Dept: Requested by: Date: 130 Park Acquisition & Development Susan Ross 2/10/2009 Page 1 o '1 Lacy Nichols From: Marty Wynne Sent: Wednesday, February 11, 2009 8:47 AM To: Lacy Nichols Subject: FW: Appropriations Transfers Attachments: Fund 601 and 618 Appropriation Transfer.xls; Fund 130 Appropriation Transfer.xls F.Y.I. From: Susan Ross Sent: Tuesday, February 10, 2009 5:23 PM To: Marty Wynne Cc: Judi Hasse Subject: Appropriations Transfers Marty, attached are requests for appropriations transfers. The first request involves funds 601 (RV Park Fund) and 618 (Fair & Expo Fund). The debt service amounts had been allocated incorrectly between the two funds, so we are just cleaning this up. The second request is necessary to increase appropriation in a transfer out line in Fund 130, Park Acquisition and Development, in order to transfer additional cash to the RV Park Fund. The need for this additional cash is explained in the attached spreadsheet. Please let me know if you have any questions. Thanks. Susan Ross Deschutes County Property & Facilities Director 541 - 383 -6713 541- 317 -3168 fax 3/4/2009