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F, GOOK PAGE 33 7..1. MISCELLANEOUS BUDGET AMENDMENT #023 The Board reviewed a Memorandum of July 28, 1999: TO: Members of the Board Of County Commissioners DATE: July 28, 1999 SUBJECT: MISCELLANEOUS BUDGET AMENDMENT 023 CONSENT AGENDA THROUGH: Joseph A. Baird OMB Director FROM: Jason E. Brown Budget Analyst DESCRIPTION AND CONDITIONS The attached budget amendment is to appropriate funding for the following: 1. According to GASB accounting principles, capital leases must be recorded for the full amount of the lease in the first year. The attached entry is necessary for the fire pumpers obtained through capital leases in FY 1998/99. 2. The Self Insurance Fund revenues and expenses have been higher than anticipated. The attached entry appropriates funding. 3. Indian River County has received an excess distribution of documentary stamp collections for $249,704 from the Florida Housing Finance Corporation. These funds must be used for SHIP program expenditures. The attached entry appropriates these funds. 4. Indian River County Libraries have received donations totaling $21,441. The attached entry appropriates funding. 5. On July 27,1999, the Board of Commissioners approved prepaying for afire pumper for Station 11 in order to receive a discount. A budget amendment is necessary to move the funding for this purchase from FY 1999/2000 to the current year. 6. Youth Guidance has received additional donations to pay for a temporary clerk position through September 30, 1999. The attached entry appropriates these funds. RECOMMENDATION Staff recommends that the Board of County Commissioners approve the attached budget amendment. ON MOTION by Commissioner Adams, SECONDED by Commissioner Ginn, the Board unanimously approved Miscellaneous Budget Amendment #023, as recommended by staff. AUGUST 3, 1999 -32- •