HomeMy WebLinkAbout047 03
(t. W,' ') ~·/I·o~
,jMø..4,)
STATE OF WASHINGTON
County of Jefferson
In the matter of Providing a}
Positive Cash Balance for }
the Natural Resources Fund}
RESOLUTION NO 47-03
WHEREAS, the Natural Resources Fund was established in the 2003
budget as a fiduciary fund; and
WHEREAS, the Natural Resources receives funding from various sources
including grant funded reimbursements for expenses incurred; and
WHEREAS, due to the nature ofthe activities in this fund, the Natural
Resources Fund is short of cash to pay all of the expenses submitted even though those
expenses will be covered by revenues scheduled to be received before the end of 2003.
NOW, THEREFORE, BE IT RESOL VED, by the Board of County
Commissioners that it is in the best interest of Jefferson County that the County Treasurer
be and is hereby authorized to transfer funds from the General Fund in the amount of
$20,000.00 to the Natural Resources Fund (#128-000-010) to be held as a Restricted
Fund Balance.
BE IT FURTHER RESOL VED, that the Restricted Fund Balance shall be
used to provide funding to maintain a positive cash balance for said fund.
BE IT FINALL Y RESOL VED, that as the disclosure from transfer of such
funds shall be made as an Equity Transfer on the County's Annual Financial Statements.
'IÆ-
II dayof~~Ö03.
7
JEFFERSON COUNTY
BOARD 0 ,COMMISSIONERS
1.
Al!PRO:VE¡J,A,/,!D ADOPTED this
. J
'. ~".,.;' "
, . ... l, .
"'," j
"""-ft 0 \,
oj ,
SEAL:
I
I
I
¡
. ",' j'4 ~ .
. \..~,-- ".........; ,
:\'
\
Dan Titterness, Chairman
.1
ATTEST: .
£!:: 7?tll/~·~
Lorna DellUley, CMC ..
Clerk of the Board
.ß
Glen Huntingfor ,
'~~
di Mackey, Member D