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Item C1 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: August 17,2001 Division: Management Services Bulk Item: Yes No X Department: Administrative Services AGENDA ITEM WORDING: Discussion of Trauma District Fund Balance. ITEM BACKGROUND: The BOCC asked that the discussion of fund balance in this fund be held until the special meeting on the Trauma District. PREVIOUS REVELANT BOCC ACTION: At the June 20, 2001 and the July 20, 2001 meetings the board adopted policy's on fund balances for all funds except the trauma district fund. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: N/A BUDGETED: Yes No COST TO COUNTY: N/A REVENUE PRODUCING: Yes No X AMOUNT PER MONTH Year APPROVED BY: County Atty _ OMBlPurchasing ~ Risk Management _ DMSIONDIRECfORAPPROVAL: J/r - J---='s;:2QIl ( James L. Roberts DOCUMENTATION: Included X To Follow Not Required_ AGENDA ITEM # J - C / DISPOSITION: Revised 2/27/01 Non Ad Valorem Funds - Fund Balance Discussion Fund 144 October I, 2000 October I, 1999 October I, 1998 October I, 1997 October I, 1996 Upper Keys Trauma Care District . No longer taxing · Fund Balance is residual from taxes previously collected · Uses of funds are limited by county ordinance · Interest on money funds operations · $440,000 due to Islamorada may reduce this fund balance Actual Fund Balance $3,559,662 $3,779,926 $3,791,011 $3,785,535 $3,715,766 Budget-Fund Balance $2,399,236 $2,600,000 $2,700,000 $3,150,000 $3,300,000 Adopted Budget $2,494,236 $2,695,000 $2,795,000 $3,300,000 $3,400,000 Staff Recommendation #8: Appropriate 70% of estimated Fund Balance. *Includes operating transfers to other funds " Actual Expenditures. $450,318 $205,809 $223,996 $143,067