HomeMy WebLinkAboutResolution 2016 (57) Resolution No. 57 (2016)
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, ��, UNTY RESOLUTION AMENDING 2016 BUDGET WITH FUND
BALANCE TRANSFERS
1 WHEREAS, the St. Croix County Board of Supervisors adopted the 2016 County
2 Budget on November 3, 2015; and
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4 WHEREAS, upon review of 2016 actual expenditures, Fund 720 Retirement Health
5 Savings had unexpectedly high expenses of$360,834.21 for 2016 and was budgeted at $150,000;
6 and
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8 WHEREAS, the Retirement Health Savings fund can fluctuate from year to year as
9 retirees long term sick leave is converted into ICMA health savings; and
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11 WHEREAS, upon review of the 2015 audit, Fund 625 St. Croix Industries had a
12 negative fund balance of$108,100.44 from residual expenses after St. Croix Industries was spun
13 off, and
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15 WHEREAS, the St. Croix County Board approved the CIP plan for 2017-2021 on
16 November 1, 2016 that included the use of$2.8 million in fund balance; and
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18 WHEREAS, the County Parks Fund has $76,000 excess in the Other Professional
19 Service expenses they would like to convert to a maintenance project in the parks.
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21 NOW, THEREFORE, BE IT RESOLVED THAT, the St. Croix County Board of
22 Supervisors does authorizes the amendment of the 2016 County Budget and to transfer funds for
23 the above stated purposes to the accounts listed below:
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26 Account Name Account Number Debit Credit
27 GF Fund Balance 100-000000-34000-0000-00000 $ 200,000.00
28 RHS Fund Balance 720-000000-34000-0000-00000 $ 200,000.00
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30 GF Fund Balance 100-000000-34000-0000-00000 $ 108,100.44
31 SCI Fund Balance 625-000000-34000-0000-00000 $ 108,100.44
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33 GF Fund Balance 100-000000-34000-0000-00000 $2,300,000.00
34 HHS Fund Balance 225-000000-34000-0000-00000 $ 500,000.00
35 Capital Fund Balance 400-000000-34000-0000-00000 $2,800,000.00
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37 Parks Fund 121-000000-34000-0000-00000 $ 76,000.00
38 Capital Project 400-000000-34000-0000-00000 $ 76,000.00
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40 2016 Budget Amendment
41 Capital Parks 400-000000-58417-0000-00000 $ 76,000.00
42 Other Prof. Srvcs 121-121000-55200-2190-00000 $ 76,000.00
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Resolution No. 57 (2016)
�
, ��, UNTY RESOLUTION AMENDING 2016 BUDGET WITH FUND
BALANCE TRANSFERS
Legal—Fiscal—Administrative Approvals:
Legal Note:
Fiscal Impact: Reduces the general fund undesignated fund balance by$2,608,100.44.
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11/16/16 Administration Committee APPROVED
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RESULT: APPROVED [UNANIMOUS]
MOVER: Ron Kiesler, Supervisor
SECONDER: Laurie Bergren, Supervisor
AYES: Sjoberg, Bergren, Berke, Kiesler, Leibfried
Vote Confirmation.
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Roy lob , ;, artilae M vis as 11/17/2016
SL Croix County Board of Supervisors Action:
Roll Call -Vote Requirement—Two-thirds Majority of Entire Membership (13)
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RESULT: ADOPTED [UNANIMOUS]
MOVER: Dave Ostness, Vice Chair
SECONDER: David Peterson, Supervisor
AYES: Sicard, Ring, Babbitt, Coulter, Sjoberg, Long, Bergren, Nelson, Berke, Ostness,
Larson, Hansen, Kiesler, Brinkman, Peterson, Anderson, Achterhof, Leibfried,
Peavey
This Resolution was Adopted by the St. Croix County Board of Supervisors on December 6, 2016
Cindy Campbell, County Clerk