ADOPTED - MARCH 27, 2007
Agenda Item No. 7
Introduced by the County Services and Finance Committees of the:
INGHAM COUNTY BOARD OF COMMISSIONERS
RESOLUTION TO APPROVE A DEFICIT ELIMINATION PLAN
FOR THE DRAIN GIS STUDY FUND
RESOLUTION #07-059
WHEREAS, an accounting deficit of $346,861 exists in the Drain GIS Study Fund as of December 31, 2006; and
WHEREAS, a Deficit Elimination Plan must be approved by the County Board of Commissioners and filed with the State of Michigan Local Audit Division.
THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners adopts the following as the Ingham County Drain GIS Fund Deficit Elimination Plan:
|
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
Fund Balance (Deficit) January 1 |
$(346,861) |
$(215,861) |
$(170,861) |
$(125,861) |
$(80,861) |
$(35,861) |
Special Assessment Revenues |
131,000 |
45,000 |
45,000 |
45,000 |
45,000 |
35,861 |
Fund Balance (Deficit) December 31 |
$(215,861) |
$(170,861) |
$(125,861) |
$(80,861) |
$(35,861) |
0 |
BE IT FURTHER RESOLVED, that the Ingham County Controller/Administrator will submit the Deficit Elimination Plan to the Department of Treasury for certification.
COUNTY SERVICES: Yeas: De Leon, Tennis, Copedge, Nolan, Severino
Nays: None Absent: Dougan Approved 3/20/07
FINANCE: Yeas: Grant, Hertel, Soule, Dougan
Nays: None Absent: Grebner, Celentino Approved 3/21/07