Agenda

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AI- 44188

Commissioners Court

Meeting Date:	12/11/2017
Budget Adjustment to Transfer Funds Deposited in Fund Balance (revenue) for Public Transportation
Submitted For:	Clarence Daugherty	Submitted By:	Teresa Nelson
Department:	Engineering
Request Type:	CONSENT	Agenda Area:	Budget Adj/Amend

Information

Department Action

It was recently discovered that two different project accounts had funds deposited into a revenue account of the Fund Balance for Public Transportation.

In October 2011, the Grand Heritage Municipal Utility District paid the City of Lavon who in turn paid the County $13,501 and $25,999 for their 10% portion of ROW acquisition for the SH78 project (070011) with TxDOT. And in June 2017, the City of Lucas paid the County $300,000 towards the land purchase at the intersection of FM1378 and FM 3286 (070052). These funds were deposited in the fund balance. Per the Budget and Auditor’s office a budget adjustment from the fund balance account is necessary to make these funds available for expenditures relating to Public Transportation.

We seek Commissioners Court approval of the following budget adjustment from Fund Balance account (public transportation) into the appropriate 2007 bond project accounts for future use:

From: Fund Balance
427-0000-251-0000 $13,501
428-0000-251-0000 $25,999
440-0000-251-0000 $300,000

To:
427-7530-680-8801 / 070000 $13,501
428-7530-680-8801 / 070000 $25,999
440-7530-680-9682 / 070052 $300,000

To:
427-7530-680-8801 / 070000 $13,501
428-7530-680-8801 / 070000 $25,999
440-7530-680-9682 / 070052 $300,000

Purchasing Department Action

No action by Purchasing.

HR and/or IT Action

Budget Department Action

Funding available in bond funds 440, 427 and 428 for the Budget Amendments totaling $339,500 to re-budget the revenues from the Grand Heritage Municipal Utility District and the City of Lucas for their portions of right of way aquisitions. See fiscal impact tab for details.

Auditor's Office Action

Tax note and bond funds available. Budget amendment will be processed upon approval.

Commissioners Court

Budget amendment in the amount of $339,500 to reallocate revenues into the appropriate project codes, Engineering.

Budget Information

Information about available funds

Budgeted:

Funds Available:

Adjustment:

Amount Available:

$339,500

Unbudgeted:

Funds NOT Available:

Amendment:

Account Code(s) for Available Funds
1:	440-7530-680.96-82/070052
2:	427-7530-680.88-01/070000
3:	428-7530-680.88-01/070000

Fund Transfers

Trans Amt:

$300,000

From:

440-0000-251.00-00

To:

440-7530-680.96-82 / 070052

Dept. Name:

Additional Line Items:

Remarks:

Trans Amt:

$13,501

From:

427-0000-251.00-00

To:

427-7530-680.88-01 / 070000

Dept. Name:

Additional Line Items:

Remarks:

Trans Amt:

$25,999

From:

428-0000-251.00-00

To:

428-7530-680.88-01 / 070000

Dept. Name:

Additional Line Items:

Remarks:

FY 2018 Budget Amendments Totaling $339,500.

Attachments
Court Order
agenda memo