HomeMy WebLinkAboutResolutions - 1993.08.05 - 22099August 5, 1993
MISCELLANEOUS RESOLUTION #93133
BY: Finance Committee, John P. McCulloch, Chairperson
IN RE: DEPARTMENT OF MANAGEMENT & BUDGET/RECAPTURE OF UNSPENT
APPROPRIATIONS CARRIED FORWARD AND ENCUMBRANCES
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS the Oakland County Board of Commissioners adopted a
FISCAL POLICY MANUAL (Misc. Resolution #90095, May 24, 1990) which
specifies in Section III.C.(7) that ....encumbrances and carried
forwards require Board of Commissioners' approval to be included in
the subsequent year's budget....; and
WHEREAS a total of $1,978,040 of Appropriations Carried
Forward and Encumbrances were approved at the close of 1992 to be
carried into 1993 which, upon subsequent review, $168,958 has been
determined unnecessary and can be used to reduce estimated
Investment Earnings to help address the previously forecasted 1993
shortfall; and
NOW THEREFORE BE IT RESOLVED that the following list of
appropriations carried forward at the close of 1992 be used to
reduce estimated Investment Earnings to help address the previously
forecasted 1993 shortfall.
REVENUE
10100 -906-01-2233 Investment Income ($168,958.44)
EXPENSES
141-01-3752 Engineering 250.00
127-01-9998 Reimbursement Div. 723.00
191-01-9998 Economic Development 1,515.36
163-60-9998 Medical Care Facility 1,656.00
195-01-3128 Planning Division 80.00
347-01-6672 Probate Court 1,466.08
154-01-3582 Personnel 1,428.00
901-01-9121 Drain Commissioner 161,840.00
TOTAL $168,958.44
-0-
Mr. Chairperson, on behalf of the Finance Committee, I move
the adoption of the foregoing resolution.
FINANCE COMMITTEE
Resolution #93133 August 5, 1993
Moved by McCulloch supported by Schmid the resolution be adopted.
AYES: Crake, Douglas, Garfield, Gosling, Huntoon, Jensen, Johnson,
Kaczmar, Kingzett, Law, McCulloch, McPherson, Miltner, Moffitt, Oaks, Obrecht,
Pernick, Powers, Price, Schmid, Taub, Wolf. (22)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland, do hereby certify that the
foregoing resolution is a true and accurate copy of a resolution adopted by the
Oakland County Board of Commissioners on August 5, 1993 with the original record
thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the
County of Oakland at Pontiac, Michigan this 5th day of ALciHt 123. .
, D. Allen, County Clerk