HomeMy WebLinkAbout20-04 - Res. Amending Res. 62-03 County Code 3.10 Accrued Leave Fund 131 RESOLUTION NO . 20 - 04
AMENDING RESOLUTION NO . 62 -03 , MASON COUNTY CODE CHPT, 3 . 10
ACCRUED LEAVE FUND
FUND NUMBER 131 - 000- 000
WHEREAS, RCW 36 . 32 . 120, states, in part, 11 . . . the board of county commissioners . . .
have the care of the county property and the management of the county funds and
business . . . "; and
WHEREAS, the county established the Accrued Leave Fund , # 131 - 000 - 000, on June 10,
2003 ;
WHEREAS, the Commissioners may fund the Fund from current revenue, unencumbered
cash balances, revenue from the sale of assets or any other source they so designate ;
WHEREAS, the Resolution establishing the Fund needs to be amended to include
authorization for the Fund to pay for expenses in conjunction with properties which are
to be sold , where the residual proceeds of the sale are to be deposited in Fund 131 - 000-
000 .
NOW, THEREFORE, the Mason County Board of Commissioners hereby amends
Resolution No . 62- 03 , Mason County Code Chpt . 3 . 101 by adding item E . to Exhibit A .
APPROVED this 6th day Of Al2ril , 2004 .
BOARD OF COUNTY COMMISSIONERS
MASON COUNTY, WASHINGTON
ATTEST. Wesley E . Johnsdn, Chairperson
mqzA
eb cca S . Rogers, Clerk-of the Board
Herb Baze, Commissioner
AP C VE A F M :
i
Chief Deputy Prosecuting Attorney Jayni L. Kamin , Conimissioner
Michael Clift
c . Acctg ( 2 )
Budget & Finance
Treasurer
\\CLUSTERl_HOME_SERVER\HOME\CBCOMMON\RESOLUTE\2004\Amending Reserve for Accrued Leave Fund . doc
EXHIBIT A
RESERVE FOR ACCRUED LEAVE FUND
FUND NUMBER 131 - 000 - 000
A . Purpose . The Reserve for Accrued Leave Fund is established for the purpose of receiving funds and
paying costs of accrued leave for employees, within the Current Expense budget, who retire or
otherwise cease employment with the county .
Be Funding .
1 . By adoption of this resolution , the Fund shall be established .
2 . The following establishes a target schedule for maintaining the Fund in 2004 and future years in
conjunction with approval of the annual budget . However, the Commissioners shall , by majority
vote, determine the actual percentage of the Fund in any given year .
Budget Year Percent Accrued Leave Balance as of.
2004 45 12/31/02
2005 50 12/31/03
2006 55 12/31/04
2007 60 12/31/05
2008 65 12/31/06
2009 70 12/31/07
2010 75 12/31/08
2011 80 12/31/09
2012 85 12/31/ 10
2013 90 12/31/ 11
2014 95 12/31/ 12
2015 100 12/31/ 13
For all succeeding years the Fund shall be maintained at 100 percent of the balance of accrued
leave for the period ending two years prior to the budget year .
3 . The Board of County Commissioners may fund the Fund from current revenue, unencumbered
cash balances, revenue from the sale of assets or any other source they so designate .
4 . Interest on the Fund shall remain within the Fund , however, the Board of County Commissioners
may elect to withdraw funds from the Fund in the event the Fund balance exceeds the percent
required . Such funds withdrawn shall be placed in the Current Expense Fund .
C . Administration . The Fund shall be administered by the Director of Budget and Finance or as
determined by the Board of County Commissioners .
D . Payment Schedule . An individual payment schedule may be established upon approval of the Board
of County Commissioners .
E . Payment of Other Expenses . The Board of County Commissioners authorize the use of Fund 131 -
000- 000 to pay for expenses in conjunction with properties which are contemplated to be sold ,
where the residual proceeds of the sale are to be deposited in Fund 131 - 000- 000 . Such expenses
may include, but are not limited to, the cost of combining parcels, survey lots, perk tests, appraisals,
and listing fees .
\\CLUSTERIHOM ESE RVER\HOME\CBCOMMON\RESOLUTE\2004\Amended Acrrued Leave Fund Exhibit A. doc