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Item B3 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: December 7.2005 Division: Budget & Finance Bulk Item: Yes..l.L. No Department: OMB Department Contact: Tina Boan AGENDA ITEM WORDING: Approval of a resolution for the transfer of funds and approval of a resolution for unanticipated funds. ITEM BACKGROUND: As a result of the 2005/2006 hurricanes the cash in the grant fund has been depleted. Until FEMA reimburses the county for eligible costs the funds will be borrowed from the available monies in the One Cent Infrastructure Sales Tax Fund. PREVIOUS RELEVANT BOCC ACTION: N/A CONTRACT/AGREEMENT CHANGES: N/A ST AFF RECOMMENDATIONS: Approval TOTAL COST: COST TO COUNTY: N/A N/A BUDGETED: Yes SOURCE OF FUNDS: No N/A REVENUE PRODUCING: Yes NoX AMOUNTPERMONTH_ Year APPROVED BY: County Atty _ OMB/Purchasing _ Risk Management _ DIVISION DIRECTOR APPROVAL: ~4~~ii'~ /" S~vatQ .. . Z'ppulla r' "''-"____ DOCUMENTATION: Included X To Follow_ Not Required_ DISPOSITION: Revised 1103 AGENDA ITEM #_ 83 Resolution No. - 2005 A RESOLUTION CONCERNING THE TRANSFER OF FUNDS WHEREAS, it is necessary for the Board of County Commissioners of Monroe County, Florida, to make budgeted transfers in the Monroe County Budget for the Fiscal Year 2006, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that there shall be transfers of amounts previously set up in the Monroe County Budget for the Fiscal Year 2006 as, hereinafter set forth to and from the following accounts: Fund #304 One Cent Infrastructure Sales Tax From: 304-5810-86502-590207 Transfer to fund 207 Cost Center # 86502 Budgeted Transfers fund 304 For the Amount: $2,000,000 To: 304-5810-86502-590125 Transfer to fund 125 Cost Center #86502 Budgeted Transfers fund 304 BE IT FURTHER RESOLVED BY SAID BOARD, that the Clerk of said Board, upon receipt of the above, is hercby authorized and directed to make the necessary changes of said items, as set forth above. PASSED AND ADOPTED by the Board of County Commissioncrs of Monroe County, Florida, at a special meeting of said Board held on the ih day of December AD 2005. Mayor McCoy Mayor Pro Tern Nelson Commissioner Neugent Commissioner Spehar Commissioner Rice BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor/Chairman ( Seal) Attest: DANNY L. KOLHAGE, Clerk Resolution No. - 2005 A RESOLUTION CONCERNING THE RECEIPT OF UNANTICIPATED FUNDS WHEREAS, it is necessary for the Board of County Commissioners of Monroe County, Florida, to increase items to account for the rollover of unanticipated funds in the Monroe County Budget for Fiscal Year 2006, now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that the following accounts of the Monroe County Budget for the Fiscal Year 2006, be and the same is hereby increased by the amount hereinafter set forth: Revenue: 125-381304GT Transfer From Fund 304 $2,000,000.00 Total Revenue $2,000,000.00 Appropriations: 125-5810-86512-590304 Budgeted Transfers $2,000,000.00 Total Appropriations: $2,000,000.00 BE IT FURTHER RESOLVED BY SAID BOARD, that the Clerk of said Board, upon receipt of the above unanticipated funds. is hereby authorized and directed to place funds in said items, as set forth above. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a special meeting of said Board held on the fh day of December AD 2005. Mayor McCoy Mayor Pro Tern Nelson Commissioner Neugent Commissioner Spehar Commissioner Rice BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor/Chairman (Seal) Attest: DANNY L. KOLHAGE, Clerk