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rp'-JUL 16 196 <br />BOOK 65 Fq.ui 6 <br />TO: Honorable Board of County DATE: July 8, 1986 FILE: <br />Commissioners <br />FROM: Josey A. Baird <br />OMB Director <br />ACCOUNT NUMBER <br />Revenue <br />391-000-361-010.00 <br />391-000-361-010.00 <br />Expense <br />391-906-523-033.19 <br />391-906-523-034.02 <br />391-906-523-066.51 <br />391-906-581-099.91 <br />EXPLANATION: <br />SUBJECT: Budget Amendment for <br />Minimum Security Facility <br />REFERENCES: <br />ACCOUNT NAME INCREASE <br />Interest Investments $ 50,000 <br />Debt Proceeds 1,300,000 <br />1,350,000 <br />Other Professional Srvcs. 108,707 <br />All Travel 1,639 <br />Construction in Progress 350,000 <br />Reserve for Contingency 889,654 <br />1,350,000 <br />DECREASE <br />Create the Minimum Security Facility budget for the 1985/86 fiscal year. <br />The Board had questions about the figures shown and noted <br />that $1,350,000 is what was in the bond issue. <br />Acting Administrator Thomas explained this is just the start <br />of the budget; the OMB Director has not put in all the items. <br />Chairman Scurlock felt maybe we ought to start talking about <br />where we can come up with the anticipated shortfall. <br />OMB Director Baird advised that the shortfall will be partly <br />funded from the excess money in the jail, about $400,000, and we <br />will have to borrow about one million. This is scheduled to be <br />brought up in the budget hearing on Monday, and he will present a <br />complete overview at that time. <br />Commissioner Bird hoped the Finance Advisory Committee has <br />had a chance to review all this as he felt we need some guidance, <br />and OMB Director Baird assured him that they will be involved. <br />22 <br />