Proposal

Information

No budgetary impact as all cash will be returned to the account after fair.  This is revenue and expense neutral.

Type: Deliberation

Department: IS - Internal Services

Directors' Update: July 14, 2021

Business Meeting: July 20, 2021

Summary:

Allows a transfer of funds to the Southwest Washington Fair Office to be withdrawn in cash from the bank to use for change to facilitate in person cash fair ticket sales.

Publications:

Cover Letter To:

Additional Copies To:

Resolution

Wording/In the matter of:

FUNDS TRANSFER TO SOUTHWEST WASHINGTON FAIR OFFICE REVOLVING WORKING ACCOUNT

Resolution Number: 21-263

WHEREAS, the Southwest Washington Fair (SWWF) currently has in existence a daily Fair Office revolving fund in the amount of $300.00; and

WHEREAS, the SWWF has found this amount to be insufficient to prepare the change drawers prior to and during the Southwest Washington Fair and the Washington State Garlic Fest; and

WHEREAS, money for the SWWF Office change drawers is needed no later than July 30, 2021, as the Fair tickets go on sale; and

WHEREAS, money for the gate change drawers is needed by the SWWF Office no later than August 13, 2021.

NOW THEREFORE BE IT RESOLVED that the Board of County Commissioners authorizes two bank transfers from the Treasurer's Office to the working account at Security State Bank: one in the amount of $1,000 to be dispersed on or before July 30, 2021, to be used for Fair Office change drawers, and one for the fair gate change drawers in the amount of $25,000 to be dispersed on or before August 13, 2021; and

NOW THEREFORE BE IT FURTHER RESOLVED that said funds for the additional working account will be returned to the Treasurer's Office no later than September 30, 2021.

DONE IN OPEN SESSION this 20th day of July, 2021.