Title
Joint Resolution authorizing an emergency appropriation for the Public Works Fund, fund 610, in the amount $50,000 and Stormwater Management Commission Fund, fund 212, in the amount of $10,000 accompanied by an increase in the revenue in General Operating Expense of $60,000.
Staff Summary
• The County Board previously authorized the transfer of budget in the amount of $50,000 and $10,000 from Public Works and Stormwater Management Commission, respectively to General Operating Expense Water Supply Planning.
• It is now necessary to transfer funds from Public Works and Stormwater Management Commission to fund this increase in the GOE budget.
• Because these funds were previously budgeted in Public Works and Stormwater Management Commission there is sufficient revenue to cover these budget increases.
• Emergency appropriations in the amount of $50,000 in the Public Works Fund and in the amount of $10,000 in Stormwater Management Commission Fund accompanied by an increase in revenue in GOE Water Supply Planning is requested.
Body
WHEREAS, the County Board has authorized the transfer of budget in the amount of $50,000 and $10,000 from Public Works and Stormwater Management Commission, respectively to General Operating Expense Water Supply Planning; and
WHEREAS, it is now necessary to transfer funds from Public Works and Stormwater Management Commission to fund this increase in the GOE budget; and
WHEREAS, because these funds were previously budgeted in Public Works and Stormwater Management Commission there is sufficient revenue to cover these budget increases.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that emergency appropriations in the amount of $50,000 in the Public Works Fund and in the amount of $10,000 in Stormwater Management Commission Fund accompanied by an increase in revenue in GOE Water Supply Planning is hereby authorized as follows:
Amount Account Description
$50,000 610-4887799-79920 Interfund expense
$10,000 212-4201010-79920 Interfund expense
And
$60,000 101-1102040-49920-000-000-000-10110 Interfund revenue
DATED, at Waukegan, Lake County, Illinois on this 14th day of October, A.D., 2008.