HomeMy WebLinkAboutRes 131 - Transfer Appropr - LID FundDeschutes County Board of Commissioner.
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(541) 388 -6570 - Fax (541) 385 -3202 - www.deschutes.ork;
AGENDA REQUEST & STAFF REPORT
For Board Business Meeting of December 2, 2009
Please see directions for completing this document on the next page.
DATE: November 13, 2009
FROM: Marty Wynne Finance Phone # (541) 388 -6559
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2009 -131, transfer of appropriation in the Local
Improvement District 2003 (BOTC) Fund.
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2009 -131, transfer of appropriation in the Local Improvement District
2003 (BOTC) Fund. The debt has been paid off and the resources remaining in the debt service fund
(nearly $2,600) need to be transferred to the LID Fund (Fund 430), requiring an increase in the
appropration category Transfers Out.
FISCAL IMPLICATIONS:
A transfer of appropriation from Contingency to Transfers Out in the amount of $2,600 is necessary.
RECOMMENDATION & ACTION REQUESTED:
Approval and signature of Resolution #2009 -131.
ATTENDANCE: Marty Wynne
DISTRIBUTION OF DOCUMENTS:
Marty Wynne, Finance Department 388 -6559
REVIEWED
LEGAL COUNSEL
For Recordin Stam . Onl
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Transferring Appropriations
Within the Various Funds of the 2009 -2010 * RESOLUTION NO. 2009 -131
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: 522 - 5000 - 501.97 -01 Deschutes County LID 2003 (BOTC),
Contingency $ 2,600
TO: 522 -5000- 491.96 -22 Deschutes County LID 2003 (BOTC),
Transfers Out, LID $ 2,600
Section 2. That the Finance Director make the appropriate entries in the Deschutes Cot my
Budget document to show the above appropriations.
DATED this nd day of December, 2009.
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON
TAMMY BANEY, Chair
ATTEST: DENNIS R. LUKE, Vice -Chair
Recording Secretary ALAN UNGER, Commissioner
PAGE 1 OF 1- RESOLUTION NO. 2009-131 (12/02/09)
Lacy Nichols
From:
Sent:
To:
Cc:
Subject:
Attachments:
Jeanine Faria
Thursday, October 29, 2009 8:58 AM
Marty Wynne
Lacy Nichols
Appropriation Transfer
Fund 522 Appropriation Transfer.xls
Fund 522
)propriation Transfe
The Transfers Out category for Fund 522 - LID 2003 (BOTC) needs to increz,:sed
so that the resources remaining can be transferred to Local Improvement District (Fund
430). The final debt service payment made on this LID financing was made in July 20(9.
Please prepare a resolution authorizing an appropriation transfer from Contingency tc
Transfers Out.
Thank you.
Jeanine
1
Deschutes County
Appropriation Transfer Request
on -', is es urred for the -folk
r Y t>t.t on the bray
Fund:
Dept:
Requested by:
Date:
LID 2003 (BOTC)
Road
Jeanine Faria
October 29, 2009
Line Number
Category
Description
Item
(HTE 14 digit code)
Project
Code
(Resources, Pers,
M &S, Cap Out,
Contingency)
(Element- Object, e.g. Time Mgmt,
Temp Help, Computer Hardware)
Current
Budgeted
Amount
To (From)
Revised
Budget
1
522 - 5000 - 491.96 -22
Transfers Out
To LID (Fund 430
100
2,600
2,700
2
522 - 5000 - 501.97 -01
Contingency
Contingency
8,310
(2,600)
5,710
Total
8,410
-
8,410
on -', is es urred for the -folk
r Y t>t.t on the bray
Fund:
Dept:
Requested by:
Date:
LID 2003 (BOTC)
Road
Jeanine Faria
October 29, 2009