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HomeMy WebLinkAbout38-12 - Res. Defining and Adopting all County Funds for Accounting Standard GASB 54Resolution No. 12_ Defining and adopting all county funds for accounting standard GASB 5` ' W!-``!Ess ,;vAS, the Governmental Accounting Standards Board (GASB) statement number 54 has redefined when the county can report governmental funds outside of the general fund, WHEREAS, to prevent the county from having to consolidate funds into the general fund, all governmental funds not otherwise restricted by an outside source such as state law, contract, or grant, must be committed by the county legislative authority, `;'AIErREAS, it is in the interest of the county to have all county funds listed in a common section of the county code, Chapter 3.01, NOW, THEREFORE, L_>E f h ,E3Y RESOLVED, that the following funds be redefined and reorganized in county code, and committed to purposes described as follows: Fund # Fund Tide 001 General Fund (Current Expense) Special Re` sieiriue FLEnr 103 Rural Sales & Use Tax 104 105 106 109 110 111 116 117 118 119 120 127 130 131 131 Auditor's O&M County Roads Paths & Trails Election Equipment & Holding Crime Victims Compensation Victim Witness Preservation Historical Preservation Affordable Housing Abaternent/Repair & Demolition 'eserve for Technology Treasurer's REET Electronic Tech Cumulative Reserve: Ins Deduct Reserve Legal #2 Reserve for Accrued Leave National Forest Safety Net Fund Description Use of revenue is generally unassigned and may be used for Mason County's general expenses. Use of revenue is restricted per RCW 82.14.370 Use of revenue is restricted per RCW 36.22.170 Use of revenue is restricted per RCW 36.82.010 Use of revenue is restricted per RCW 47.30 Use of revenue is committed per Resolution // 1270 Use of revenue is restricted per RCW 7.68.035 Use of revenue is committed per Resolution I/ 100-06 Use of revenue is restricted per RCW 36.22.170 Use of revenue is restricted per RCW 36.22 Use of revenue is committed per Resolution //67-09 Use of revenue is committed per Resolution /167-10 Use of revenue is restricted per RCW 82.45.180 Use of revenue is committed per Resolution 48-89 Use of revenue is committed per Resolution 471-09 Use of revenue is committed per Resolution 1170-04 Use of revenue is restricted per Public Law 106-393 Page DJ. Special Revenue Funds: 135 Trial Court Improvement 138 Family Law Facilitator 140 Sheriff Special Funds 145 Oakland Bay Shellfish Protection 150 Public Health Services 160 Law Library 163 Lodging (Motel/Hotel) Tax 164 Mental Health 180 Treasurer M&O 190 Veterans Assistance 192 Skokomish Flood Zone 194 Mason Lake Management Dist #2 199 Island Lake Management Dist #2 Capital Project Funds: 350 Real Estate Excise Tax 1 351 Real Estate Excise Tax 2 Enterprise Funds: 402 Landfill/Solid Waste 403 North Bay Case Inlet 405 Wastewater System Development 406 Combined Utility Administration U se of revenue is U se of revenue is U se of revenue is U se of revenue is U se of revenue is U se of revenue is Use of revenue is Use of revenue is Use of revenue is U se of revenue is U se of revenue is U se of revenue is Use of revenue is restricted per RCW 3.58.060 restricted per RCW 26.12.240 restricted per RCW 88.02.650 committed per Resolution #37-08 restricted restricted restricted restricted restricted restricted per RCW's 70.01 — 70.290 per RCW 27.24.010 & .070 per RCW 67.28.080 per RCW 82.14.460 per RCW 84.56.020 per RCW 73.08.080 committed per Resolution #15-81 committed per Resolution #121-08 committed per Resolution #18-98 and separately adopted Ordinance #44-98 Use of revenue is restricted by RCW 82.46.010 U se of revenue is restricted by RCW 82.46.035 U se of revenue accounts for the operation of the solid waste department which provides solid waste management to the residents, litter and illegal dump to residents, litter and illegal dump clean up landfill closure and managing transfer stations U se of revenue accounts for the operation of the North Bay Case Inlet wastewater facility and repay bond/loan payments for project. Use of revenue accounts for the financing of study, design and coordination of construction of the County's wastewater systems and wastewater facilities supply. Resolution #61-11 (revises #139-04) U se of revenue accounts for administrative costs for all utility funds operated by the county Page 2 of 3 Enterprise Fun i s, cult° 411 Rustlewood Sewer & Water 412 Beards Cove Water Use of revenue accounts for the operation of the Rustlewood Sewer & Water facility. Use of revenue accounts for the operation of the Beards Cove Water facility. 413 Belfair Wastewater & Water Reclamation Use of revenue is accounts for the design, development and construction the new Belfair wastewater and water reclamation utility facility and the cost of operations of the facility. Resolution #118-07 480 Storm Drainage System InternaU Service of Bali 501 Equipment Rental & Revolving 502 Unemployment ATTEST: e APPROVE Use of revenue for payment to update storm water policies and regulations and developing storm water management plans. Resolution #30-07 Use of revenue is restricted per RCW 36.33A.010-060 Use of revenue for equipment, computer and phone systems for all funds operated by the County Use of revenue for payment of unemployment payments claims of all county department employees this 1St day of Shannon Goudy, Clerk of the Board APPROVED AS TO FORM Prosecuting Attorney 2012. BOARD OF COUNTY COMMISSIONERS MASON COUNTY, WASHINGTON LyrtdWRing Erickson, Chair 2 Steve Bloomfield, Commissioner Tim Sheldon, Commissioner Page 3 of •