HomeMy WebLinkAboutRes 041 - Transfer Appropr - PERS Reserve 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 April 9, 2008
Please see directions for completing this document on the next page.
DATE: April 2, 2008
FROM: Marty Wynne Finance (541) 388-6559
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2008-041, transfer of appropriation within the PERS
Reserve Fund.
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2008-041 transferring appropriation from Contigency to Materials &
Services within the PERS Reserve Fund. The amount required for payment of trustee fees on the
Pension Bonds was not appropriated in the FY 08 budget; therefore a transfer of appropriation from
Contingency to Materials & Services is required.
FISCAL IMPLICATIONS:
An appropriation transfer for the reclassification of Contingency to Materials & Services is required in
the amount of $750.
RECOMMENDATION & ACTION REQUESTED:
Approval and signature of Resolution #2008-041.
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 2007-2008 * RESOLUTION NO. 2008-041
Deschutes County Budget and Directing Entries
WHEREAS, attached is an appropriation transfer request from the Deschutes County Finarce
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 DESCHUT ES
COUNTY, OREGON, as follows:
Section 1.
That the following transfers of appropriations be made:
FROM: 135-0800-501.97-01
TO: 135-0800-415.50-50
Deschutes County PERS Reserve
Fund, Contingency $750
Deschutes County PERS Reserve
Fund, Materials & Services $750
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 April, 2008.
ATTEST:
Recording Secretary
PAGE 1 OF 1 -RESOLUTION NO. 2008-041 (4/09/08)
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON
DENNIS R. LUKE, Chair
TAMMY (BANEY) MELTON, Vice -Chair
MICHAEL M. DALY, Commissioner
PERS Reserve
U
U
0
Revised
Budget
6,374,050 1
O
TOTAL 6,374,900 - 6,374,900
To (From)
0
750
Current
Budgeted
Amount
6,374,800
O
O
Description
(Element -Object, e.g. Time Mgmt,
Temp Help, Computer Hardware)
IBank and Trustee Charges
Category
(Pers, M&S, Cap Out,
Contingency)
0
c
a)
0)
c
c
0
0
Materials & Services
Project
Code
Line Number _
(HTE 14 digit code)
[135-0800-501.97-01
135-0800-415.50-50
N
•-
N
PERS Reserve
U
U
0