Snohomish Logo
File #: 2024-0533    Version: 1
Type: Motion Status: Approved
File created: 4/4/2024 In control: General Legislative Session
On agenda: 5/1/2024 Final action: 5/1/2024
Title: Motion 24-163, approving a budget transfer in Grant Fund 130 for funds received from the Department of Treasury Local Assistance and Tribal Consistency Fund
Attachments: 1. Motion 24-163, 2. Staff Report, 3. Motion Assignment Slip

 

 

Executive/Council Action Form (ECAF)

 

 

ITEM TITLE:

Title

Motion 24-163, approving a budget transfer in Grant Fund 130 for funds received from the Department of Treasury Local Assistance and Tribal Consistency Fund

body

DEPARTMENT:  Finance

 

ORIGINATOR:  Debbi Mock

 

EXECUTIVE RECOMMENDATION:  Ken Klein 4/7/24

 

PURPOSE: Transfer from Pending Grants to LATCF Grant withing fund 130.

 

BACKGROUND: The County was awarded grant funding from the Department of Treasury Local Assistance and Tribal Consistency Fund in 2023.  This transfer will allow expenditure of the remaining funds in 2024.

 

FISCAL IMPLICATIONS:

EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU

CURRENT YR

2ND YR

1ST 6 YRS

130 575161014101 Prof Services

$312,762

 

 

130 5164604982 Pending Op Transfer

($312,762)

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

 

REVENUE: FUND, AGY, ORG, REV, SOURCE

CURRENT YR

2ND YR

1ST 6 YRS

130 375161011032 ARPA LATCF

$312,762

 

 

130 3164606990 Misc. Revenue

($312,762)

 

 

 

 

 

 

 

 

 

 

TOTAL

-$0-

 

 

 

DEPARTMENT FISCAL IMPACT NOTES:  Click or tap here to enter text.

 

CONTRACT INFORMATION:

ORIGINAL

 

CONTRACT#

 

AMOUNT

 

AMENDMENT

 

CONTRACT#

 

AMOUNT

 

 

Contract Period

ORIGINAL

START

 

END

 

AMENDMENT

START

 

END

 

 

OTHER DEPARTMENTAL REVIEW/COMMENTS:  Reviewed/approved by:  Finance (Nathan Kennedy 4/5/24)