Supplemental Budget Amendment #112 - Sheriff's Auction of Older Vehicles
From:
Stephan Hall, Budget Manager
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #112 - Stephan Hall, Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #112, Local Option Sales Tax (LOST) Fund (352), in the amount of $145,570, to recognize proceeds from the sale/auction of older, high-mileage vehicles from the Sheriff's Office that were purchased with LOST, and to appropriate these funds back into the Sheriff's LOST allocation for future vehicle/equipment purchases.
BACKGROUND:
The Sheriff's Office has sold/auctioned off 53 vehicles originally purchased with LOST totaling $145,570. The proceeds from the auction of these older or high mileage vehicles will be placed back into the Sheriff's LOST allocation for future vehicle or equipment purchases.
BUDGETARY IMPACT:
This amendment will increase Fund 352 in the amount of $145,570.
LEGAL CONSIDERATIONS/SIGN-OFF:
N/A
PERSONNEL:
N/A
POLICY/REQUIREMENT FOR BOARD ACTION:
Board policy requires increases and decreases in revenue to be approved by the Board.