HomeMy WebLinkAboutBudget Transfer - AccountingGRANT COUNTY
COMMISSIONERS AGENDA MEETING REQUEST FORM
(Must be submitted to the Clerk of the Board by 12:00pm on Thursday)
REQUESTING DEPARTMENT:Auditor
REQUEST SUBMITTED BY:Emili Wash
CONTACT PERSON ATTENDING ROUNDTABLE:
CONFIDENTIAL INFORMATION: E]YES ®NO
DATE:
PHONE:
13"Ire-S IRU
If necessary, was this document reviewed by legal? 0 YES 0 NO ❑ N/A
DATE OF ACTION: 4.30 1-
q
APPROVE: DENIED ABSTAIN
D1:
D2:
D3:
4/23/24
DEFERRED OR CONTINUED TO:
U
----------
DAgreement / Contract
DAP Vouchers
DAppointment / Reappointment
FIARPA Related
D Bids / RFPs / Quotes Award
013id Opening Scheduled
0 Boards / Committees
0 Budget
DComputer Related
DCounty Code
D Emergency Purchase
El Employee Rel.
FlFacilities Related
FlFinancial
OFunds
ElHearing
D Invoices / Purchase Orders
FIGrants — Fed/State/County
01 -eases
EIMOA / MOU
DMinutes
00rdinances
D Out of State Travel
El Petty Cash
OPolicies
DProclamations
0 Request for Purchase
DResolution
DRecommendation
ElProfessional Serv/Consultant
DSupport Letter
DSurplus Req.
DTax Levies
ElThank You's
DTax Title Property
E1WSLCB
MC
Need review and approval for cash transfer for the
amount of $96,944 from Prop 1 Sales tc
New Jail Capital Replacement
13"Ire-S IRU
If necessary, was this document reviewed by legal? 0 YES 0 NO ❑ N/A
DATE OF ACTION: 4.30 1-
q
APPROVE: DENIED ABSTAIN
D1:
D2:
D3:
4/23/24
DEFERRED OR CONTINUED TO:
U
GRANT COUNTY
CASH TRANSFER REQUEST
DEPARTMENT:
AUDITOR
EFFECTIVE DATE:
04.23.2024
DESCRIPTION:
311 TRAN SO4.2024
REQUESTED BY:
EMILI WASH
ACCOUNTING JE NO. 955,584
TRANSFER DETAILS:
5% ALLOCATION OF PROP 1 SALES TAX (117)
REVENUE TRANSFER TO NEW JAIL CAPITAL
REPLACEMENT (311)
TREASURER GL NO.
TRANSFER TO TRANSFER FROM
fo .ice Xal-
SRI
.1 A,
CRIME JUST. CONST. SALES/USE TAX 117.000.00 0000 101000000
96,944.00
NEW JAIL CAPITAL REPLACEMENT 311.000.00 0000 101000000
961944.00
Completed By: Approved By:
$ 96,944.00 $ 96,944.00
TOTAL TO TOTAL FROM
k6eie tswi�h
System: 4/23/2024 8:38:58 AM County of Grant Page: 1
User Date: 4/23/2024 GENERAL TRANSACTION EDIT LIST User ID: eswash
General Ledger
# Intercompany Journal Entry
Batch ID: 311TRANS04.2024
Batch Comment:
Approved: No Batch Total Actual:
Approved By: Trx Total Actual:
Approval Date:
$387,776.00 Batch Total Control:
I Trx Total Control:
$387,776.00
0
Journal Transaction Transaction Reversing Source Transaction
Entry Type Date Date Document Reference
------------------------------------------------------------------------------------------------------------------------------------------
User-Defined 1 User -Defined 2
-------------------------------------------------------------------------------------------------------------------------------------------------------
955,584 Standard 4/23/2024 GJ 311TRANS04.2024
Account
Description
Debit
Credit
-------------------------
117.000.00.0000.597000011
----------------------------------------------- ----------------------
PROP I JAIL TRANSEF OUT MAINT. FUND
----------------------
$96,944.00
117.000.00.0000.101000000
CASH
$96,944.00
311.000.00.0000.101000000
CRIM. JUST. CONST, . . .CASH
$96,944.00
311.001.00.0000.397000011
CRIM. JUST. CONST. . . ,TRANSFER IN
$96,944,00
Total Distributions: 4
--------------------------------------------
Totals:
$193,888.00
$193,888.00
Total Journal Entries: 1
4-.0
WED
.REVIE
yr
40a'ii 20241
By -es wash.at8':
A P
R 0" VE D
By Katie, Smith' a','t,10, 2�t1'_'___2__ _77
Accounting has been instructed by the Board of County
Commissioners to allocate 5% of the annual tax revenues
generated from Prop 1 sales tax, after deducting annual bond
expenses, to fund 311 for New Jail Capital Replacement.
Transfer will be completed in 2024.
2023 Calculation
Annual Prop 1 Tax Revenue 62741,146
Less: Annual Bond Expense 428022262
11938o884_
5% allocation for fund 311 963944
Transfer 96,944 from fund 117 to 311
County of Grant
117-000 Prop 1 Sales
For the Twelve Months Ending Sunday, December 31, 2023
MONTHLY REVENUE REPORT
TOTAL RECEIVED YEAR TO DATE UNCOLLECTED
Previous Year Previous Year
ACCOUNT #
ACCOUNT NAME
APPROPRIATION
THIS PERIOD
RECEIVED
BALANCE
%RECD This Period I o Uate
313150000
PROP 1 TAX
($6,000,000.00)
$845,888.46
$6,741,145.63
$741,145.63
112.35%
361110000
INVESTMENT INTEREST
25,834.34
60,034.81
607034.81
0.00%
388100000
PRIOR YEARS(S) CORRECTIONS
(9,821,056.00)
(9,821,056.00)
0.00%
397000000
OPER TRANSFERS IN
9,821,055.02
9,821,055.02
0.00%
TOTAL REVENUES
(15,821,056.00)
871,722.80
16,622,235.46
801,179.46
105.06%
1/25/2024
GCDEPTREV
4:02 PM
System:
3/22/2024 9:28:41 AM
County of Grant
Page: 1
User Date:
3/22/2024
SUMMARY INQUIRY FOR 2023
User ID: krsmith
General Ledger
Account:
211.000.00.0000.101000000
CRIM JUST. DEBT SRV CASH
Currency:
Period
------------------------------------------------------------------------------------------------------------------------------------
Debit
Credit
Net Change
Period Balance
Beginning
Balance
$0.00
$0.00
Period 1
$0.00
$0.00
Period 2
$0.00
$0.00
Period 3
$0.00
$0.00
Period 4
$0.00
$0.00
Period 5
$0.00
$0.00
Period 6
$1,958,331.25
$1,958,331.25
$0.00
$0.00
Period 7
$0.00
$0.00
Period 8
$599.04
$599.04
$0.00
$0.00
Period 9
$0.00
$0.00
Period 10
$0.00
$0.00
Period 11
$0.00
$0.00
Period 12
$2,843,331.25
-------------------------
$2,843,331.25
--------------------------------------------------
$0.00
$0.00
-------------------------
Totals:
$4,802,261.54
$4,8021261.54
$0.00
$0.00
1/2612024
GCDEPTEXP
8:18 AM
County of Grant
117-000 Prop 1 Sales
For the Twelve Months Ending Sunday, December 31, 2023
Monthly Expense Report
TOTAL
EXPENDITURES YEAR TO DATE UNENCUMBERED PREVIOUS YR PREVIOUS
ACCOUNT #
ACCOUNT NAME
APPROPRIATIOI\
THIS PERIOD EXPENDITURES BALANCE USED THIS PERIOD YTD
523601100
REG SALARIES & WAGES
$1,000,000.00
$11000,000.00 0.00%
597000000
OPER. TRANSFERS OUT
4,801,663.00
2,843,331.25 5,802,261.54 (1,000,598.54) 120.84%
TOTAL: OTHER NOT
5????00??
CLASSIFIED
4,801,663.00
21843,331.25 5,802,261.54 (1,000,598.54) 120.84%
5???? 1 ??? -
TOTAL: REG
5????12??
SALARIES/WAGES
110007000.00
1,000,000.00 0.00%
5????????
GRAND TOTAL:
5,801,663.00
2,843,331.25 5,802,261.54 (598.54) 100.01%
1/2612024
GCDEPTEXP
8:18 AM