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HomeMy WebLinkAboutRes 067 - Transfer Appropr - Room Tax�J'C Es c. tit CI{ Deschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701-1960 (541) 388-6570 - Fax (541) 385-3202 - www.deschutes.or AGENDA REQUEST & STAFF REPORT For Board Business Meeting of June 25, 2008 Please see directions for completing this document on the next page. DATE: June 9, 2008 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2008-067, transfer of appropriation to the Deschutes County Transient Room Tax Fund & in the Welcome Center Fund from the General Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2008-067. Transfers of approprations are required for the following reasons and will be used for the following purposes: The 2007-08 room tax collections are estimated to be higher than budget. The additional resources are required to be paid to Central Oregon Visitors Assocation (COVA), therefore; additional appropriation is required. The transfer out to the Sherrifi's Office Fund needs to be increased for the same reason. FISCAL IMPLICATIONS: A transfer of appropriation of $200,000 from the General Fund, Non Departmental, Contingency 13 the Transient Room Tax Fund and the Welcome Center Fund is required. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2008-067. ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 Dave Inbody, Board of County Commissioners 322-7697 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. 2008-067 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 DESCHUTES COUNTY, OREGON, as follows: Section 1. That the following transfers of appropriations be made: FROM: 001-4500-501.97-01 Deschutes County General Fund, Non Departmental, Contingency TO: 160-9400-415.59-17 Deschutes County Transient Room Tax, Law Enf Dist 2 -Rural TO: 160-9400-480.70-35 Deschutes County Transient Room Tax, Central Oregon Visitors Assoc. TO: 170-9400-480.70-35 Deschutes County Welcome Center, Central Oregon Visitors Assoc. $200,000 $146,000 $ 37,260 $ 16,740 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, 2008. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON DENNIS R. LUKE, Chair ATTEST: TAMMY (BANEY) MELTON, Vice -Chair Recording Secretary MICHAEL M. DALY, Commissioner PAGE 1 OF 1-REsouu rJoN NO. 2008-067 (6/25/08) L� Nichols From: Cheryl L Circle Sent: Friday, June 06, 2008 1:16 PM To: Marty Wynne Cc: Lacy Nichols Subject: Room Tax - Appropriation Transfer Attachments: Appropriation_Transfers.0608.xis Appropriation_Tran sfers.0608.x... Marty, attached please find the appropriation transfer form regarding room tax collection estimates being higher than budget. Cheryl 1 2- _c £ 0 U /� E w .c / o E / L_ / co c 2k \ / c c \ Q _o : E / w TD _c /2 0 E• �k L• • kL- /� 0. (1) g o .g •- ca co / / / % E R 0 5 < \ WOMB Transient Room Tax & Welcome Center k c 0 k e k6 0 LL 3 ƒ Revised Budget L 579,617 2,430,753 387,083 (200,00011 TOTAL 3,197,453 - 3,197,453 To (From) 37,260 146,000 16,740 E 0 0 - Current Budgeted Amount 542,357 2,284,753 370,343 Description (Element -Object, e.g. Time Mgmt, Temp Help, Computer Hardware) $ 0 0 Shcriffs Fund 4 F ,>»!-1 COVA # 7, tZv Contingency Category (Pers, M&S, Cap Out, Contingency) Materials & Services Materials & Services Materials & Services Contingency Project Code Line Number (HTE 14 digit code) 160-9400-480.70-35 160-9400-415.59-17 170-9400-480.70-35 001-4500-501.97-01 § ,- q CO # 2- _c £ 0 U /� E w .c / o E / L_ / co c 2k \ / c c \ Q _o : E / w TD _c /2 0 E• �k L• • kL- /� 0. (1) g o .g •- ca co / / / % E R 0 5 < \ WOMB Transient Room Tax & Welcome Center k c 0 k e k6 0 LL 3 ƒ