Assigning Funds as of December 31, 2018 and Amending the 2019 Budget for These Assignments

Committee Status: 
Approved
Budget Status: 
Budgeted
Decision Impact: 
Routine
FTE Impact: 
No
Funding Source: 
Other (see budget status)

Purpose

Carry forward 2018 unspent appropriations into 2019

Resolution Files: 
File carryforwards18to19.docx
Budget Status (Other/External Sources): 

Background: Certain accounts are required by Wisconsin State Statute or Administrative Code, grant rules, or by action of the Sauk County Board or its committees, to be expended for specific purposes and any excess funds cannot lapse to fund balance at year-end for general County use.  Similarly, these types of accounts which may be in a deficit position at year-end because of the timing of the receipt of grant reimbursements, are not to receive transfers from the General Fund pending completion of the grant or activity.  The attached list of purposes and amounts as of December 31, 2018 shall be assigned from General Fund balance and within other funds balances for future use and/or reimbursement.

Resolution Body

           NOW, THEREFORE, BE IT RESOLVED, by the Sauk County Board of Supervisors met in regular session that the described accounts, totaling $4,851,565 be and hereby are assigned as of December 31, 2018 for the described activities in accordance with Wis. Stats. § 65.90(5); and,

            BE IT FURTHER RESOLVED that this be amended by annual audit adjustments, the addition of grants or other non-lapsing programs, the deletion of completed grants and programs, State Statutes, or by actions of the County Board; and,

            BE IT FURTHER RESOLVED that the affected departments’ 2019 budgets be amended to include the amended appropriations approved herein.

For consideration by the Sauk County Board of Supervisors on April 16, 2019.

Respectfully submitted:

SAUK COUNTY FINANCE COMMITTEE

 

______________________________            __________________________________

John Dietz, Chairperson                                  Thomas Kriegl

 

 

______________________________            __________________________________

Kevin Lins                                                      Kristin White Eagle

 

 

Fiscal Note:  The remaining General Fund Balance as of December 31, 2018 after the $4,185,459 assignment is well above the amount required by Sauk County’s working capital policy.  Of the $4,851,565 assigned, $1,029,271 was already included in the 2019 budget at its original adoption and $64,088 was already approved re-appropriation of Ho-Chunk funds received in prior years.

 

Information Systems Note:  Many of the above-described projects impact the MIS budget and staff.  These projects, however, are continuations of projects already started or planned for 2018 or prior years.

Requested Board Review Date: 
Tuesday, April 16, 2019
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