ADOPTED - OCTOBER 27, 1998

Agenda Item No. 4

Introduced by the Finance Committee of the:

INGHAM COUNTY BOARD OF COMMISSIONERS

RESOLUTION AUTHORIZING ADJUSTMENTS TO THE 1998 INGHAM COUNTY BUDGET

RESOLUTION #98-240

WHEREAS, the Board of Commissioners adopted the 1998 Budget on October 28, 1997 and has authorized certain amendments since that time, and it is now necessary to make some adjustments as a result of updated revenue and expenditure projections, fund transfers, reappropriations, accounting and contractual changes, errors and omissions, and additional appropriation needs; and

WHEREAS, the Liaison Committees and the Finance Committee have reviewed the proposed budget adjustments prepared by the Controller's staff and have made adjustments where necessary.

THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners hereby directs the Controller to make the necessary transfers to adjust revenues and expenditures in the following funds, according to the attached schedules:

1998 BUDGET PROPOSED PROPOSED

FUND DESCRIPTION 9/01/98 CHANGES BUDGET

101* General Fund $56,052,679 $1,400 $56,054,079

208 Parks 1,141,194 5,200 1,146,394

257 Budget Stabilization 0 0 0

245 Public Improvements 1,159,945 (17,600) 1,142,345

292 Family Court/Child Care 3,933,183 0 3,933,183

636 MIS Fund 2,187,319 0 2,187,319

664 Office Equipment Pool 155,068 1,200 156,268

* Does not include funds associated with the sale of Ingham Medical Center.

FINANCE: Yeas: Goulet, Keefe, McDonald, Grebner, Czarnecki, Schafer

Nays: None Absent: Bernero Approved 10/21/98