HomeMy WebLinkAboutRes 012 - Transfer Appropr - County Fair 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 January 28, 2015
Please see directions for completing this document on the next page.
DATE: January 15,2015
FROM: Wayne Lowry Finance Phone # (541) 388-6559 1Jii(• I
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2015-012, transfer of appropriation in the Deschutes
County Fair Fund.
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2015-012. The net income from the 2014 Annual County Fair exceeded
the amount estimated for the FY 2015 budget. In order to transfer the resources from the County Fair
Fund (619) to the Fair & Expo Center Fund (618), it is necessary to increase the Transfer Out category.
FISCAL IMPLICATIONS:
A transfer of appropriation from Contingency to Transfers Out of $44,000 is necessary.
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RECOMMENDATION & ACTION REQUESTED: I
Approval and signature of Resolution #2015-012.
ATTENDANCE: Wayne Lowry I
DISTRIBUTION OF DOCUMENTS:
Wayne Lowry, Finance Department 388-6559
Dan Despotopu10s, Fair & Expo Center 548-2711
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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 2014-2015 RESOLUTION NO. 2015-012
*
Deschutes County Budget and Directing Entries *
WHEREAS, attached is a request from the Fair & Expo Center Director 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. That the following transfers of appropriations be made:
FROM: 619-9600-501.97-01 Deschutes County Fair,
Contingency $ 44,000
TO: 619-9600-491.96-48 Deschutes County Fair,
Transfers Out, Fair & Expo Center (618) $ 44,000
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 January, 2015.
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON
ANTHONY DEBONE, Chair
ATTEST: ALAN UNGER, Vice-Chair
Recording Secretary TAMMY BANEY, Commissioner
PAGE I OF ]·RESOLUTIONNO. 20JS·Ol2 (OI128/1S)
Lacy Nichols
From: Dan Despotopulos
Sent: Thursday. January 15, 20158:16 AM
To: Wayne Lowry
Cc: Lacy Nichols; Jeanine Faria
Subject: transfer
Attachments: 20150115111405.pdf
Wayne:
I am attaching an appropriation transfer, could you please prepare the resolution to transfer from contingency to
transfer out.
Thanks,
Dan
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Line Number
Item (HTE 14 digit code)
1 619-9600-491.96-48
2 619-9600-501-97.01
TOTAL
Deschutes County
Appropriation Transfer Request
Cat~ory
(Pers, M&S. Cap Out, Contingency)
Transfer Out
Contingency
Description
(Element-Object, e.g.
Time Mgmt. Temp Help.
Computer Hardware)
To F & E (Fund 618)
Contingency
Current
Budgeted
Amount
200.000
98,263
298,263
To (From)
44.000
(44.000)
-
Revised
Budget .
244,000
54,263
298,263
A transfer of appropriation is required for the following reason and will be used for the following purpose:
The net income from Fair 2014 exceeded the amount estimated for the FY 2015 budget. In order to transfer the resources from Fund 619 to
Fund 618, it is necessary to increase the Transfer Out category.
Fund:
Dept:
Requested by:
Annual County Fair
F&E
Dan Despotopulos ", ~
January 15. 2015 ,.--~-----'
"") "-'-2
Date: