HomeMy WebLinkAbout020 08
. . ce'. 'E~.~. J)< 31t"81oD
'PI\..,-<
\(ec6 .
P~) 4/~)oi
STATE OF WASHINGTON
County of Jefferson
In the Matter of Updating the Working }
Capital Reserve Requirement for Each County }
Fund For Years 2008 and 2009 }
RESOLUTION NO. 20-08
WHEREAS, it is critical to the adequate financial management of County Funds to
clearly define the working capital reserves required for each County Fund; and
WHEREAS, it is more effective to have a single document stipulating the reserve
requirements for all County Funds; and,
WHEREAS, the specific recommendations for the type and level of reserve for each
County Fund have been reviewed extensively by staff and elected officials; and,
WHEREAS, the County Administrator is supportive of these reserves,
THEREFORE BE IT RESOL VED, that the Board of Commissioners hereby repeals
and replaces these previous resolutions, 78-07, 39-07, 37-06, and 30-05.
BE IT FURTHER RESOLVED, that the Board of Commissioners hereby directs the
Department Heads and Elected officials to consider the reserve requirements as they
prepare their budgets during the annual budget preparation process and the preparation of
supplemental budget requests.
BE IT FURTHER RESOLVED, that the Board of Commissioners hereby directs the
County Administrator to consider the working capital reserves when preparing a balanced
budget proposal for the Board of Commissioners during the annual budget preparation
process and the preparation of supplemental budget requests.
APPROVED this 17thdayof March
,2008.
"
'\ 'y ~'v ~ "',
~ . ~ ";,,,,~, ~. r',
".....) ~._ j " ., ,~ "t "1
.~;~" ....-... ,,\
.-' ..,. ",-,,, J"
.'llI{'. ," ," \,-' '" .,j
,~,. 'I.' ~o,~f~ 1 \ ~ so
~ .." ., ~
'C) '. 7 "4.' . .
~'C~../)I, ~:J
.~'-;';",' /' I .. .','
.> .. ., . \ -"""
'~'~I" A -'. '."~ ~. j.... /
"--" ~~. " .
-., '" .
JEFFERSON COUNTY
BOARD OF COMMISSIONERS
I Jo son, CiJ,airman
/J ,,7 "
I! " ! ~"J
19 / ~/, h(~
/ ",I
Davi gum~an,' e~ber------
. \
"'(" .
ATTEST:
C)tA/J{ f1~ CmG
JUlie Matthes, CMC
Deputy Clerk of the Board
cr~ a:J:::
JOh~ustin, Member
co
o
~
o
-
'"
o
(])
Ul ()
f-O'l "
CO
Zo "
Wo :e
2N
Wo/I 0
cr:co ,
- 0 0
::::l0
ON (; c.9-,f-
Wcr: " Z<(Z
cr:<( 0 -f-W
WW :s ~-ll
>>- cr:tl.cr:
cr:f- " O<(W
'" $lltl.
WW (])
Ulc.9 cr:
Wo c.9-,Ul
cr:::::l cr: Z<(cr:
LJ..OJ -f-:5
Ocr: " ~-
'" cr:tl.-,
f-O 'in 0<(0
UlLJ.. CO $llO
:J OJ
a;
'5
z -'
<(llZ
6;llQ
c.90f-
-OJll
cr: <(
0
Z
o
F
tl.
i't:
II
Ul
W
o
-'
<(
f- . .
cr:cr: cr: cr:cr:cr: cr: cr:cr:~UlUl
WW W WWW W WW<(WW
c.9c.9 c.9 c.9c.9c.9 c.9 c.9c.9llUlUl
cr:cr: ~ ~~cr: ~ cr:cr:c.9ffiffi
:5:5 ~ ~~:5 ~ :5:56;~~
UlUl ~ ~~Ul ~ ~~~WW
cr: cr:cr:- cr: cr:cr:0c.9c.9
ffiffi ~ ~~ffi ~ WW$6;6;
-' >> -'W WW> -' W >>000
~ ~~ ~:c BB~ ~ ~ ~~ZSS
o llll ~~ -:c-:cll_ ~:c llllUlLJ..LJ..
~ -- :c --www
5 :c:c 5$ $$:C 5 $ :C:Ccr:cr:cr:
$$ c.90 _-5 0 $$5tl.tl.
~ 00 zo 0080 ~ 0 ro ooOzz
00 _0 moo 0 0 DOwoa
o 00 000 rioq a M N qq~oo
3 ~~ wUl3~ ~~~ 3 ~ ~ ~~oww
u ~~ zu~ ~0~ u ~ ~ ~~Z~~
X cr:cr: wXcr: cr:cr:cr: ~ cr: co cr:cr:~~~
W 00 tl.WO 000 0 > 00 __
c.96 c.9c.9c.9c.9c.9xw6c.9c.9 c.9c.9c.9 c.9c.96c.9 c.9c.9c.9> c.9c.9c.9~>->-
zz ZZZZZ ZZZ zzz>-~zzzz Zzzll zzz-'-'-'
00 ooooo~ooo ooo~zoooo ooo~ 000666
~~ ~~~~~>~~~ ~~~o~~~~~ ffi~~~ ~~~UlUlUl
tl.tl.otl.tl.tl.tl.tl.cr:tl.tl.tl.otl.tl.tl.OWtl.tl.tl.tl.otl.tl.tl.ootl.tl.tl.ttt
UlUlWUlUlUlUlUl~UlUlUlWUlUlUlZcr:UlUlUlUlWUlUlUlwwUlUlUlWWW
~~~~~~~~ ~~~~~~~~~~~~~OC~~~OCOC~~~~~~
~~5~~~~~~~~~5~~~~~~~~~5~~~55~~~~~~
oooooooowooooooOcr:OOOOOOOOOOOOOOtl.tl.tl.
f-f-Wf-f-f-f-f-Of-f-f-Wf-f-f-:cf-f-f-f-f-Wf-f-f-WWf-f-f--,-,-,
~~OC~~~~~~~~~OC~~~~~~~~~OC~~~OCOC~~~~~~
00wooooooOOOWOOOUlOOOOOWooowwOOOC00
~~z~~~~~~~~~z~~~~~~~~~z~~~zz~~~~ww
ooOoao~oooo~Oooo~oooooOoooooooo~~~
~~Z~~~N~~~~NZ~~~~N~~~~Z~~~zz~~~owoo
N
LJ..
o
~*~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
0000001.000001.00000000000000000000000
~~O~~~N~I.O~~ND~~~ON~~~~o~~~aa~~~ooa
~
W
c.9
<(
tl.
~~~~gg~~~~g~~rogg~~~~~~~g~~~~~gg~~~
ZZZZooZZZZoZZO'looZZZZZZZoZZZZZooZZZ
NO ro MOW ri ~~
M~ ~ LOOM l.O IDID
~~ ~ N~~ ~ ~~
U) ER-~ &'t
O'l
O'l
e:-
'"
co
o
,
~
~
~
o
..;.
co
'"
o
,
~
~
I'-
o
e:-
o
",-
co 0
O'l '
, I'-
I'- ...
o _
ONCOCONN
o,....omoo
cbd,~~MM
(00"","01'--1'--
NN
00
, ,
...'"
1'-1'-
'"
o
,
'"
o
o
~
rh
o
"'I'-N
000
J.JMM
"'01'-
'"
o
,
I'-
co
NaCO
000
, , ,
"'NN
I'-O'l~
I'-
o
..;.
'"
OJ<(Ul-Ulcr:cr:Ocr:cr:cr:cr:cr:cr:cr:cr:Ocr:cr:cr:cr:cr:Ocr:cr:cr:cr:cr:cr:cr:cr:cr:cr:cr:cr:cr:cr:cr:cr:
cr: f- ~ ~~~
~ Z f- LJ..-, ::::l WOW
<C W Z > 0<( LJ.. :;;cr:2 -' Ul
f- :;; ~ f- f-cr: cr:ll Z ~~tl. ~ tZf-
~ ~ W ffi ~~ ~~ Q 0-9 m2>- ZQffiUl
W II Z -' II :;; 2 UloW f- cr:cr:WW::::lo/lc.9 0f-2f-
~o~~~~~~Ul~~~ ~~~~Z~ ~ ~~~~~og F~~~~
Z~~~~~~~~~~~~~~~~~~~~~~~~~~ffi~~g~[~~
~cr:Ic.9~6;2>2222~:cOUl-,-,::::lzffiOOZf-~~WZtl.~~-,cr:
~Of-Z :cO 00f-~_ cr:-'<(<(LJ..-_llll::::lUlcr: f-<(cr:UlUl<(cr:
wccr:F' f-ZWllllzwUl~W<(f-f-c.9c.9-'-':J2W Ul cr:w~~-w
ZO::::l<(~::::l0~~~~f-Ul~~~ZZ::::l::::l$~m2cr:~~~~~cr:cr:~~
~~8g$~~5~~c.9~~I$~~~~~:5~~8~~~~~$~~~F
Oo~~b~~~~N~~~re~re~gM~~~;~~~~g~~g~~~~
zo~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
::::l
LJ..
'"
o
o
'"
:;;'
UJ
5
UJ
'"
,
(f)
UJ
>
'"
UJ
(f)
UJ
'"
CfJ
1-",
Zo
WO
:::;N
wO/S
0:: <Xl
- 0
::lo
ON
Wo::
0::<(
WW
>>-
0::1-
ww
CfJe>
Wo
O::::l
l1.ll:J
00::
1-0
CfJl1.
::::;
<Xl
o
-
I'-
o
-
'"
o
'"
o
o
'"
;:.'
UJ
:>
UJ
'"
,
en
UJ
>
'"
UJ
en
UJ
'"
OJ
U
C
OJ
C
~
o
,
o
.-J-l....J...J -I...J..J ...J
~~~~ ~~ ~ ~
o::~~~~ ~~ ~ ~ 0::
W<(<(<(<( <(<( <( <( W
e>UUUU uu U wU e>
~ o::e>e>e>e> e>~ e> W~ ~~ I-
c0::5~~~~ ~~ ~ ~~ W,^ m
0.. Z ><:: ><:: ><:: ><:: ~ ~ ~ ><:: "'
<(O~o::o::o::o:: o::a:: 0:: ~o:::::;- :::;
UZo::OOOO 00 0 xO ~ffi 0..
W::lW~~~~ ~~ ~ W~::l> ::l
0l1.>0000 00 0 ~O~@W 0
3~~zzzz ZZ z ~Z~0::5 ~
Uo..UCfJCfJCfJCfJ CfJCfJ CfJ OCfJ~O~ 0
ZZ~WWWW WWCfJW ZW<(l1.> l1.
Z~O>~~~~ ~~I-~ 2~Uz> Z
00~>::l::l::l::l ::l::lZ::l W::lO'"OO- 0
~zwoOOOO 00(20 0:: z~o ~
~O~~~~~~ ~~~~ o..~O~~ ~
UOll:JWOOOOWOOOO ZO::lU~ U
CfJ~~~ZZZZ~ZZW>Z gzd~~ ~
WZ~o::::l::l::l::lW::l::l::l ::lXo..o:: 0..
0-ZOl1.l1.l1.l1.0..l1.l1.0l1. Wl1.WWO W
~0~~~~~XW~~[~~e>~~00~~~~0
W~Z....J..J..J..J ..J..J~..JZZm..JZOZZZZO
o..l-_ZZZZWZZ<(Z__ -Z-W----W
CfJUOOOOOUOO 000>-001-00001-
,"WZCfJCfJCfJCfJ->CfJCfJl1.0CfJZZ~zCfJZ<(ZZZZ<(
~,WI-I-I-I- 1-1- I-WW I-W~WWWW~
~Oo..uuuuffiuuzuo..o..OUo..::lo..o..o..o..::l
1-000CfJWWWWCfJWWOWCfJCfJWWCfJ:::;CfJCfJCfJCfJ:::;
~~..J~~" "-'..J..J~'..J~..J..J..J..J~
ffi>-<(OOOO~OO~O~~::lO~U~~~~U
o..Ubo::o::o::o::wo::a::OO::OOCfJO::OUOOOOU
Om~~~~~O~~~~~~g~~~~~~~~
l1.~l1.<(<(<(<(l1.<(<(O<(l1.l1.U<(l1."'l1.l1.l1.l1.'"
Oo::OCCCCOCC~COO~CONOOOON
~W~~~~~~~~~~~~OO~~~~~~~~
~~~~~~~S<~Z<~~O<S~oooS~
NW~UOUU~UU~U~~~U~O~~~~O
N
l1.
o
N
W
~
<(
0..
~
o
c
.2
'5
o
'"
OJ
0::
0::
"
'"
'iij
OJ
ll:J
~~I-
z<(z
-I-w
><::-U
0::0..0::
O<(W
~Uo..
~~~~~~~~~~~~~~~~~~~~~~~
Ll)O 00 0 0 0 00 0 0 0 000 0 OlOOOOOLO
NO~OOOOLl)oooO~~OO~N~~~~N
~~CfJ
z<(o::
-1-<(
><::_~
O::ll-~
0<(0
~UO
~~g~~~~~~~ill~~~~~~~~~~~~
ZzoZZZZZZZ-ZZZZZZZZZZZZ
<Ii 0::
~ ::;:
CD
'0
Z ~
<(UZ
~UQ
~Ol-
-ll:JU
gs <(
W
'"
,
...
o
0:: 0:: a:: 0::0:: 0:: 0:: 0:: 0:: 0:: 0:: a:: a:: a:: 0:: 0::0:: 0:: 0::0::0:: 0::0::
ll:J<(CfJ-CfJ
~
I-~O
I-~Oo::w W CfJ CfJ
CfJZ:::;O::I-~I-W ~I-~ wWo ~
w~o::I-Zz>Z> I-CfJ::l o::o::Z ,nWCfJU
o::~ OOWO U- ::lll- "'>-
wwOU:::;o:: CfJI- CfJ ::l~l-wo::w>
W O~I-U zwo..><::::lCfJ::l 05l1.<(zO:: 0::0::
:::;CfJ~~~08~6~~~<(~ d@ffi~~~~~~
<(0<(0::<(:::;800/S0::Wll-<(~ZQwwW~O::WWO::WZ
Z >-:::;O::~~I-ll-CfJ~a:: I-I-I-I-W ~:::; Zo
~UCfJOl1.wU:::;::l5l1.5<(CfJCfJCfJCfJ~<(>-~W~
>-m~~5z~~~0::~U~~~~~~~g~~~
I-~~O wl-<(I-O::U~w o::~:::;o..~>-~
ZO::~OZUCfJI-O::<(::::;<(CfJOOO<(~ :::;CfJ~O::
::lWOO~::!Z~::lUll:Ja::Z::::;::::;::::;, ::l><::w::lll-O
O:::;<(~O::::lO<(O,::l::lOOOO~O~Z~:::;l1.Z
UWl1.l1.ll:JOUUUIll-O::UCfJCfJCfJl-wO::::l_W_
O~~Ll)ID~~NMvID~OO~NMLl)~NM~Ll)ID
000000000000000000000000000000
Z~~~~~~MMMMMMM~~VvLOLl)Ll)l{)Ll)Ll)
::l
l1.
".
, .
JEFFERSON COUNTY
BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
00 CONSENT AGENDA
o
REGULAR AGENDA
TO:
Board of County Commissioners
County Administrator
Allen R. Sartin, Central Services Director
March 17,2008
Resolution - Updating the Working Capital Reserves
FROM:
DATE:
SUBJECT:
a&
STATEMENT OF ISSUE:
The Auditor requested that the resolution be changed to emphasize the budget
management activities. There is also a need to add the Jeffcom Enhancement Fund.
STRATEGIC GOALS:
To improve the efficiency and effectiveness of financial administration.
ANALYSIS (PRO & CON):
Pro: provides a single reference document that lists the requirements for all County
Funds; previously, the requirements were listed in 25 different resolutions or
ordinances dated from 1996 thru present Provides continued evaluation of
working capital requirements for all Funds based on staff and management
analysis and review.
Con: None contemplated.
COST BENEFIT ANALYSIS:
Not Applicable
FISCAL IMPACT:
Not Applicable
Revenue Budget Line Item:
Expenditure Budget Line Item:
Gain or Loss (-):
REQUESTED ACTION:
Approve attached resolution.
REVIEWED BY:
Frank G. rd, County Administrator