Assigning Funds as of December 31, 2013 and Amending the 2014 Budget for These Assignments

WHEREAS, certain accounts are required by Wisconsin State Statute, 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, and;

                WHEREAS, your Finance Committee does believe that the attached list of purposes and amounts shall be assigned from General Fund balance and within other funds balances for future use and/or reimbursement; such accounts and amounts as of December 31, 2013 preliminary unaudited financial statements; and,

WHEREAS, your Finance Committee further believes the following purposes and amounts are appropriate for re-appropriation in 2014.

                NOW, THEREFORE BE IT RESOLVED, by the Sauk County Board of Supervisors, met in regular session, that the above-described accounts, totaling $2,494,363 be and hereby are assigned as of December 31, 2013 for the above-described activities in accordance with Wis. Stats. s. 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’ 2014 budgets be amended to include the amended appropriations approved herein.

For consideration by the Sauk County Board of Supervisors on April 15, 2014.

SAUK COUNTY FINANCE COMMITTEE

TOMMY LEE BYCHINSKI, CHAIR                           JASON LANE

ANDREA LOMBARD                                                 WILLIAM F. WENZEL

JOAN FORDHAM

Fiscal Note:  The remaining General Fund Balance as of December 31, 2013 after the $2,026,423 assignment is well above the amount required by Sauk County’s working capital policy.  Of the $2,494,363 assigned, $270,810 was already included in the 2014 budget at its original adoption.

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 2013 or prior years.

Resolution _________ - 14   Assigning Funds as of December 31, 2013 and Amending the 2014 Budget for These Assignments

*Items previously approved for carryforward wholly or in part through the 2014 budget process