HomeMy WebLinkAbout005 96STATE OF WASHINGTON
County of Jefferson
IN THE MATTER OF THE TRANSFER OF }
FUNDS FROM THE 1995 CURRENT EXPENSE }
BUDGET TO THE COUNTY CAPITAL }
IMPROVEMENT FUND }
RESOLUTION NO. 5-96
WHERFMS, Jefferson County received unanticipated revenue from several sources
in 1995 which were deposited in the Current Expense revenues; and,
WHEREAS, Jefferson County's needs for capital improvements do not have
funding sources to meet said needs; and,
WHEREAS, the Board of County Commissioners, in adopting budget objectives
for the 1996 budget, recognized this and adopted a policy to allocate excess funds received to
capital improvements; and
WHEREAS, the Board of Commissioners has the discretionary authority to
allocate said income to any County government purpose.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners
of Jefferson County that the County Treasurer be and is hereby directed to transfer $125,000.00
from the County General Fund into the County's Capital Improvement Fund.
Lorna Delaney, CMC
Clerk of the Board
BE ITFURTHER RESOLVED, that said funds will be retained in the Capital
Improvement Fund and not used for renovation or any other project until such time that the
County has developed, reviewed and approved a Capital Facilities Plan which will detail how the
funds are to be spent.
APPROVED AND ADOPTED this ~__~ day 0f~ .~--)~~/,A:996.
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