Proposal

Information

Type: Deliberation

Department: AUD - Auditor

Directors' Update: Oct. 4, 2023

Business Meeting: Oct. 10, 2023

Summary:

Establish a new capital projects fund - Homeless Shelter Capital Fund No. 3500 

Publications:

Cover Letter To:

Additional Copies To:

Resolution

Wording/In the matter of:

ESTABLISH A NEW CAPITAL PROJECTS FUND: HOMELESS SHELTER CAPITAL FUND NO. 3500

Resolution Number: 23-322

WHEREAS, Lewis County received a state direct appropriation of $2.5 million, through the Washington State Department of Commerce - Housing Trust Fund, to renovate two existing county-owned office buildings into an interim and final homeless shelter; and

WHEREAS, it appears to be in the best interest of the County to establish a Capital Projects Fund to account for financial activities related to homeless shelter capital expenditures.

NOW THEREFORE BE IT RESOLVED that the capital projects fund to be known as Homeless Shelter Capital Fund No. 3500 is hereby established to account for and report financial resources that are restricted for capital expenditures.

DONE IN OPEN SESSION this 10th day of October, 2023.