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HomeMy WebLinkAboutRes 068 - Transfer Appropr - Project Dev Fund0•cEs WgG 0 Deschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701 -1960 (541) 388 -6570 - Fax (541) 385 -3202 - www.deschutes.ora AGENDA REQUEST & STAFF REPORT For Board Business Meeting of June 24, 2009 Please see directions for completing this document on the next page. DATE: June 12, 2009 FROM: Marty Wynne Finance (541) 388 -6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2009 -068, transfer of appropriation in the Project Development & Debt Reserve Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2009 -068 transferring appropriation within the Project Development & Debt Reserve Fund. Unanticipated expenditures were necessary for the planning of the eventual sale; of County owned property in Redmond. Appropriation budgeted for Land Acquisition in Capital Outlay will not be expended this Fiscal Year; therefore a transfer of appropriation from Capital Outlay to Materials & Service will occur. FISCAL IMPLICATIONS: A transfer of appropriation from Capital Outlay to Materials & Service for $16,000 is required. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2009 -068. 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 2008 -2009 * RESOLUTION NO. 2009 -068 Deschutes County Budget and Directing Entries * WHEREAS, attached is a request 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 DESCHUTES COUNTY, OREGON, as follows: Section 1. FROM: TO: That the following transfers of appropriations be made: 140- 0800 - 419.91 -10 140- 0800 - 419.33 -85 Deschutes County Project Development & Debt Reserve, Land Acquisition $16,000 Deschutes County Project Development & Debt Reserve, Planning $16,000 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 June, 2009. ATTEST: Recording Secretary PAGE 1 OF 1- RESOLUTION NO, 2009 -068 (6/24/09) BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON TAMMY BANEY, Chair DENNIS R. LUKE, Vice -Chair ALAN UNGER, Commissioner Deschutes County Appropriation Transfer Request A transfer of appropriation is required for the following reason and will be used for the following purpose: Expenditures, properly classified in the Materials & Services category, are necessary to prepare County -owned land for subsequent sale. The extent of this activity was not considered at the time the original budget was prepared. Fund: Dept: Requested by: Date: Project Develop & Debt Res BOCC Marty Wynne 6/15/2009 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 1 140 - 0800 -419 -33.85 Materials & Services Planning - 16,000 16,000 2 140 - 0800 -419 -91.10 Capital Outlay Land 2,000,000 (16,000) 1,984,000 TOTAL 2,000,000 - 2,000,000 A transfer of appropriation is required for the following reason and will be used for the following purpose: Expenditures, properly classified in the Materials & Services category, are necessary to prepare County -owned land for subsequent sale. The extent of this activity was not considered at the time the original budget was prepared. Fund: Dept: Requested by: Date: Project Develop & Debt Res BOCC Marty Wynne 6/15/2009