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HomeMy WebLinkAboutRes 034 - Transfer Appropr - Solid WasteDeschutes 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 29, 2015 Please see directions for completing this document on the next page. DATE: April 16,2015 FROM: Wayne Lowry ~~ Finance Phone # (541) 388-6559 TITLE OF AGENDA ITEM: Consideration and signature of Resolution #2015-034, transfer of appropriation within the Deschutes County Solid Waste Fund and Deschutes County Solid Waste Capital Projects Fund. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution #2015-034. Projections for FY 2015 indicate that resources will be available in the Solid Waste Operating Fund (610); therefore, an additional $700,000 will be transferred to the Solid Waste Capital Projects Fund (613). An appropriation transfer from the Solid Waste Operating Fund and Solid Waste Capital Projects Fund Contingency category to the Transfers Out category in Fund 610 is required. FISCAL IMPLICATIONS: A transfer of appropriation from Contingency to Transfers Out for $700,000 is necessary. RECOMMENDATION & ACTION REQUESTED: Approval and signature of Resolution #2015-034. ATTENDANCE: Wayne Lowry DISTRIBUTION OF DOCUMENTS: Wayne Lowry, Finance Department 388-6559 Timm Schimke, Solid Waste Department 317-3177 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. 2015-034 * Deschutes County Budget and Directing Entries * WHEREAS, attached is a request from the Solid Waste 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: 613-6200-501.97-01 Deschutes County Solid Waste Capital Projects, Contingency $ 165244 FROM: 610-6200-501.97-01 Deschutes County Solid Waste Department, Contingency $ 534,756 TO: 610-6200-491.96-29 Deschutes County Solid Waste Department, Transfers Out (Fund 613) $ 700,000 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 April. 2014. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ANTHONY DEBONE, Chair ATTEST: ALAN UNGER, Vice-Chair Recording Secretary TAMMY BANEY, Commissioner PAGE 1OF I-RESOLUTlONNO. 2015-034 (04/29/15) Deschutes County Appropriation Transfer Request Line Number Category Description Current (Pers, M&S, Cap Out, {Element-Object, e.g. Time Mgmt, Budgeted Revised Item (HTE 14 digit code) Contingency) Temp Help, Computer Hardware) Amount To (From) Budget 1 613-6200-501.97-01 2 610-6200-501.97-01 3 610-6200-491.96-29 Contingency Contingency Contingency Contingency Transfers Out Transfers to Fund 613 514,848 (165,244) 534,756 (534,756) 1,100,000 700,000 349,604 - 1,800,000 TOTAL 2,149,604 . 2,149,604 A transfer of appropriation is required for the following reason and will be used for the following purpose: Projections for FY 2015 indicate that resources will be available in the Solid Waste Operations Fund (610) to transfer an additional $700,000 to the Solid Waste Capital Project Reserve Fund (613). The Transfer Out category will be increased by transferring appropriation (authority to expend) from Fund 610 and Fund 613 Contingency to the Transfer Out category. Fund: Dept: Requested by: Solid Waste Solid Waste Timm Schimke April 7, 2015 ::/f Date: