Resolution No. 78

 

Supervisor ARGOTSINGER offered the following Resolution and moved its adoption:

RESOLUTION APPROPRIATING RESERVE FUNDS TO CERTAIN  2020 CAPITAL PROJECTS

WHEREAS, Resolution No. 175 of 2001 established Capital Reserve accounts for receipt of National Tobacco Settlement proceeds and/or County monies from other sources that would facilitate capital improvements or the purchase of capital equipment; and

WHEREAS, the 2020 Adopted Budget allocated $656,159.00 from said Capital Reserves to fund certain Capital Equipment and Improvement Projects; and

WHEREAS, the 2020 Adopted Budget allocated $177,000.00 from said Solid Waste Reserves to fund certain Capital Equipment Projects; and

WHEREAS, said allocation needs to be transferred into the appropriate projects; now, therefore be it

RESOLVED, That the County Treasurer be and hereby is directed to make the following transfers:

 

General Fund

From:   A-0883.0700 – Capital Equipment Reserve                           $   56,159.00

A-0883.0800 – Capital Improvements Reserve                     $ 600,000.00

To:       A-0909 – Unreserved Fund Balance                                                              $656,159.00

 

Solid Waste Fund

From:   CL-0898.0878 – CL Building – Equipment Depreciation     $   68,000.00

            CL-0898.0883 – Transfer Haul Equipment Reserve              $ 109,000.00

To:       CL-0909 – Unreserved Fund Balance                                                                        $177,000.00

 

an, be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer, Solid Waste Department, Budget Director/County Auditor and Administrative Officer/Clerk of the Board.

Seconded by Supervisor GROFF and adopted by the following vote:
Total:  Ayes: 20   Nays: 0

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