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AI- 42802
Commissioners Court
Meeting Date: 03/06/2017  
FY2016 Budget Amendment and Revenue Estimate related to bond issue
Submitted For: Jeff May Submitted By: Holly Heldt
Department: Auditor  
Request Type: CONSENT Agenda Area: Budget Adj/Amend

Information
Department Action
Request Commissioners Court approval of an FY2016 budget amendment related to FY16 bond issue. Also attached is related revenue adjustment.
Purchasing Department Action
No action by Purchasing.
HR and/or IT Action
Budget Department Action
As per Auditor's attached FY 2016 budget amendment.
Auditor's Office Action

This budget adjustment is related to a journal entry required by our outside auditors.  It is increasing revenues and expenditures by the same amount in our debt service fund (net $0 to fund balance) to record the full amount paid to the bond refunding escrow trust fund.  The actual cash was never received by the county but was paid directly to the bond escrow trust when the bonds were issued. 

Commissioners Court
$1,466,487 for FY2016 Bond Issue, Auditor.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1: See attached BA
Fund Transfers
Remarks:
Attachments
Court Order
Memo
Budget Amendment
Revenue Estimate

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