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STATE OF WASHINGTON
County of Jefferson
In the Matter of Providing a Positive
Cash Balance for the Jefferson County
Grant Management Fund
RESOLUTION NO 66-00
WHEREAS, the Jefferson County Grant Management Fund will be
administering a CDBG grant to build a Mental Health Facility; and,
WHEREAS, the services provided by the Jefferson County Grant
Management rely on state and federal funds that may take up to two (2) months to be
reimbursed;
NOW, THEREFORE, BE IT RESOLVED, that the County Treasurer be
and is hereby authorized to transfer funds from the General Fund in the amount of
$100,000.00 to the Grant Management Fund to be held as a Restricted Fund Balance.
BE IT FURTHER RESOLVED, that the Restricted Fund balance shall
be used to provide funding during the year to maintain a positive cash balance for
said fund.
IT IS FURTHER RESOLVED, that the disclosure for transfer of such
funds shall be made as a Residual Equity Transfer on the County's Annual Financial
Statements.
APPRO VED AND ADOPTED this ;2 4 th- day of J: J 'j-' 200_.
A TrEST:
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Clerk of the Board G
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