Tompkins County
New York

Resolution
2017-140

2017 Budget-Neutral Adjustment for Contribution to D-Fund

Information

Department:County AdministrationSponsors:
Category:Fiscal (Budget)Functions:Fiscal (Budget), Transfers and Adjustments

Attachments

  1. Printout

Resolution/Document Body

WHEREAS, pursuant to Administrative Manual Policy 05-02, budget adjustments exceeding $5,000 require Legislative approval, and

 

WHEREAS, an Over-Target Request (OTR No. 30) for an increase of $125,000 in Target spending authority for the Highway Division to apply savings from Town snow plowing to the purchase of highway materials was approved and included as part of the 2017 Tompkins County Budget adopted by the Tompkins County Legislature on November 15, 2016 (Resolution No. 2016-236), and

 

WHEREAS, OTR No. 30 inadvertently omitted the necessary, corresponding $125,000 increases to both the Highway Division’s Interfund Revenue account and to the expenditure account for Contributions to the D-Fund, through which the Highway Division receives appropriations from the General Fund, and

 

WHEREAS, the correction of these omissions in the 2017 Budget is budget neutral in its net effect, now therefore be it

 

RESOLVED, on recommendation of the Facilities and Infrastructure and the Budget, Capital, and Personnel Committees, That the Finance Director be and hereby is directed to make the following budget adjustment

 

Revenue:                            5110.42801 Interfund Revenues                                                        $125,000

Expenditure:                            9522.54400 Program Expense                                                        $125,000

 

RESOLVED, further, That the spending target for the Interfund Contribution to the D-Fund and the corresponding Highway Division Interfund Revenue account for purposes of the 2018 annual budget be increased by $125,000 to match the ongoing increase in target spending authority for highway materials granted to the Highway Division in the 2017 Budget.

SEQR ACTION:  TYPE II-20

Meeting History

Jul 10, 2017 4:00 PM  Budget, Capital and Personnel Committee Regular Meeting
RESULT:RECOMMENDED [UNANIMOUS]
MOVER:Glenn Morey, Member
SECONDER:Michael Sigler, Vice Chair
AYES:James Dennis, Michael Sigler, Leslyn McBean-Clairborne, Glenn Morey, Daniel Klein
Jul 11, 2017 3:00 PM  Facilities and Infrastructure Committee Regular Meeting

Mr. McGuire explained this resolution was to correct an omission in the 2017 Budget and was a correction to complete a transfer of funds for the Highway Department. He stated this is a budget neutral transfer.

RESULT:RECOMMENDED [UNANIMOUS]
MOVER:Michael Sigler, Member
SECONDER:Peter Stein, Member
AYES:David McKenna, Michael Sigler, Peter Stein
EXCUSED:Glenn Morey, Daniel Klein
Jul 18, 2017 5:30 PM Media Tompkins County Legislature Regular Meeting
RESULT:ADOPTED [UNANIMOUS]
MOVER:David McKenna, Member
SECONDER:Dooley Kiefer, Member
AYES:Will Burbank, James Dennis, Rich John, Anna Kelles, Dooley Kiefer, Daniel Klein, Michael Lane, Leslyn McBean-Clairborne, David McKenna, Glenn Morey, Michael Sigler, Peter Stein
EXCUSED:Carol Chock, Martha Robertson