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HomeMy WebLinkAbout067 04Ce' %e rig -195 C-5 STATE OF WASHINGTON County of Jefferson In the Matter of Maintaining a Positive } Cash Balance for the } RESOLUTION NO. 67-04 Animal Services Fund (129) } WHEREAS, the Animal Services Fund received $36,000 in cash to provide adequate cash balances per resolution 73-02; and WHEREAS, the 2004 Animal Services revenues are now estimated to be about $12,000 lower than expected; and, WHEREAS, the 2004 Animal Services expenditures cannot be adjusted adequately to compensate for the lost revenue. NOW THEREFORE BE IT RESOLVED, that the County Treasurer be and is hereby authorized to transfer monies from the General Fund (001) in the amount of $12,000 to the Animal Services Fund (129) to replace the shortage in the restricted reserve which will be caused by the revenue shortfall BE IT FURTHER RESOLVED, that the Restricted Fund Balance shall be used to provide funding to maintain a positive cash balance for said Fund. ITIS FURTHER RESOLVED, that the disclosure for transfer of such monies shall be made as an equity Transfer on the County's Annual Financial Statements. APPROVED this 6th day of December 2004. Jr 4 K .n ATTEST: lie Matthes, CMC Deputy Clerk of the Board JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST ❑X CONSENT AGENDA ❑ REGULAR AGENDA TO: Board of County Commissioners County Administrator FROM: Allen R. Sartin, Central Services Director DATE: December 6, 2004 SUBJECT: In the Matter of Maintaining a Positive Cash Balance for the Animal Services Fund STATEMENT OF ISSUE: As a result of revenue being lower than expected the restricted cash balance needs to be replenished in the amount of $12,000. STRATEGIC GOALS: Effectiveness and efficiency of government. ANALYSIS (PRO & CON): Not Applicable COST BENEFIT ANALYSIS: Not Applicable FISCAL IMPACT: Not Applicable Revenue Budget Line Item: Expenditure Budget Line Item: Gain or Loss (-): REQUESTED ACTION: Approve & sign proposed resolution. REVIEWED BY: .1L'%. '-�-� /Z/ t) ohn Fischbach, County Administrator Date 9