Information

Type: Deliberation

Department: AUD - Auditor

Directors' Update: May 25, 2022

Business Meeting: May 31, 2022

Summary:

Establish a new special revenue fund - Animal Shelter Donation Fund No. 1520

Publications:

Cover Letter To:

Additional Copies To: JP Anderson, Becky Butler, Bryan Hall, Meja Handlen, John Abplanalp, Doug Carey

Resolution

WHEREAS, in accordance with RCW 43.09.200, all local governments shall use the uniform accounting and financial reporting manual prescribed by the State Auditor; and

WHEREAS, in the Budgeting, Accounting and Reporting System Manual, special revenue funds are permitted to be used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditure for specific purpose; and

WHEREAS, restricted revenues are resources externally restricted by creditors, grantors, contributors or laws or regulations of other governments or restricted by law through constitutional provisions or enabling legislation. This classification includes donations, grants, and bequests that may be restricted by external parties; and

WHEREAS, to facilitate the tracking of revenue collected from external donors, establishment of a new special revenue fund appears to be in the best interest of the County.

NOW THEREFORE BE IT RESOLVED that the special revenue fund to be known as Animal Shelter Donation Fund No. 1520 is hereby established to account for and report financial resources that are restricted or committed.

DONE IN OPEN SESSION this 31st day of May, 2022.