HomeMy WebLinkAboutRes 095 - Transfer Appropr - CDD Fund°' �JK E 8 �,
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Deschutes 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 June 25, 2008
Please see directions for completing this document on the next page.
DATE: June 17, 2008
FROM: Marty Wynne Finance (541) 388-6559
TITLE OF AGENDA ITEM:
Consideration and signature of Resolution #2008-095 amending Resolution #2007-133 Transfer of
Appropriations affecting the CDD Reserve Funds and the General Fund.
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
Consideration of Resolution #2008-095. Resolution #2007-133 authorized the transfer of resources
among three CDD Reserve Funds. The appropriation required for such transfer should have been from
the General Fund, instead of CDD Reserve Funds, due to the "15% limitation of contingency transfer"
requirement. Resolution #2008-095 is limited to making this correction. Resolution #2008-095 makes
no changes to the amount of cash transferred nor to the funds paying or receiving the cash.
FISCAL IMPLICATIONS:
A transfer of appropriation from the General Fund Contingency to the CDD Reserve Funds Transfers
Out category.
RECOMMENDATION & ACTION REQUESTED:
Approval and signature of Resolution #2008-095.
ATTENDANCE: Marty Wynne
DISTRIBUTION OF DOCUMENTS:
Marty Wynne, Finance Department 388-6559
Tom Anderson, Community Development 385-1704
REVIEWED
LEGAL COUNSEL
For Recording Stamp Only
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Amending Resolution No. 2007-133
Which Transferred Appropriations Within the
Various Funds of the 2007-2008 * RESOLUTION NO. 2008-095
Deschutes County Budget and Directing Entries *
WHEREAS, the Community Development Director requested a transfer of appropriations, and
WHEREAS it is necessary to transfer appropriations within the Deschutes County Budget 10
accommodate the request; and,
WHEREAS an error was made in listing the account numbers from which appropriations were
to be trasferred;
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,
Contingency $436,179
TO: 300-3600-491.96-46 Deschutes County Community Development
Reserve Fund, Transfers Out -CDD Bldg
Reserve Fund (Fund 301) $436,179
FROM: 001-4500-501.97-01 Deschutes County General Fund,
Contingency $233,861
TO: 302-3600-491.96-19 Deschutes County CDD Electrical Program
Reserve Fund, Transfers Out -CDD Reserve
(Fund 300) $233,861
PAGE 1 OF 2-REsoLl1T10N NO. 2008-095 (6/25/08)
Section 2. Resoultion #2007-133, Section 1. is hereby superceded.
Section 3. 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
MICHAEL M. DALY, Chair
ATTEST: DENNIS R. LUKE, Vice -Chair
Recording Secretary TAMMY BANEY, Commissioner
PAGE 2 OF 2 -RESOLUTION NO. 2008-095 (6/25/08)
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Revised
Budget
436,179
829,795 I
233,861 I
595,934
TOTAL 2,095,769 - 2,095,769
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(436,179)
233,861
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Current
Budgeted
Amount
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829,795
Description
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Temp Help, Computer Hardware)
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Project
Code
Line Number
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300-3600-491.96-46
001-4500-501.97-01
302-3600-491.96-19
001-4500-501.97-01
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