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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 TOWN OF PAHRUMP RESOLUTION NO. 2018-02 A RESOLUTION TO AUGMENT AND AMEND THE 2017-2018 BUDGET OF THE TOWN OF PAHRUMP, COUNTY OF NYE, STATE OF NEVADA WHEREAS, certain unanticipated sources of revenue and fund balance previously unbudgeted have become available to the Town of Pahrump during the 2017-18 budget year as follows: fund No. Name Amount 25222 Pahrump 3/10 Tourism Room Tax Beginning Fund Balance (From FY17) $56,451 TOTAL ALL FUNDS $56,451 NOW, THEREFORE, this Board hereby resolves to augment the 2017-2018 Town of Pabrump budget by appropriating the amount referenced above and by making such other budget amendments as have been determined necessary and in accordance with NRS 354.598005. Said budget augmentation and appropriation, as well as budget amendments are reflected on the schedules attached to this resolution and by reference are made a part hereof. IT IS FURTHER RESOLVED, that the Nye County Clerk shall forward the necessary documents to the Department of Taxation, State of Nevada. PASSED, ADOPTED, AND APPROVED the 20th day of February, 2018. AYES: NAYES: KOENIG WI CFIMAN BORASKY COX Absent: Resolution 201 8-02 Augment the 2017-2018 Budget of the Town of Pahmmp 3/10 Tourism Room Tax Fund 25222 ---PAGE BREAK--- 1 NYE COUNTY ATTEST: BOARD OF COUNTY COMMISSIONERS: Jigman Clerk 4 And Ex-Officio Clerk of the Board 5 III 6 III 7 $ 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Resolution 2018-02 Augment the 2017-2018 Budget of the Town of Pahrump 3/10 Tourism Room Tax Fund 25222 ---PAGE BREAK--- MISCELLANEOUS Investment Income SUBTOTAL SU BTOTAL REVENUE ALL SOURCES OTHER FINANCING SOURCES 1,000 1.000 301,000 1,000 1.000 301,000 REVISED REVENUE REVENUES FINAL BUDGET REVISIONS RESOURCES TAXES: - Room Tax 300,000 - 300,000 SUBTOTAL 300,000 - 300,000 Charges for Services - - - SUBTOTAL - - SUBTOTAL OTHER FINANCING SOURCES - - BEGINNING FUND BALANCE Reserved - - Unreserved 97,165 56,451 153,616 TOTAL BEGINNING FUND BALANCE 97,165 56,451 153,616 Prior Period Adjustments - - Residual Equity Transfers - - TOTAL AVAILABLE RESOURCES 398,165 56,451 454,616 (Local Government) Town of Pahrump Schedule B - Special Revenue Fund Tourism Room Tax Fund 25222 REVISED REVENUE SCHEDULE Page 1 ---PAGE BREAK--- EXPENDITURE BY FUNCTION REVISED AND ACTIVITY FINAL BUDGET REVISIONS EXPENDITURES TOURISM: Salaries and Wanes 58,494 28,000 86,494 Employee Benefits 33,340 Services and Supplies 300,000 Capital Outlay 3,000 36,340 25,451 300,000 25,451 SUBTOTAL EXPENDITURES 391,834 56,451 448,285 Contingency (not to exceed 3% of total expenditures) Operating Transfers OTHER USES SUBTOTAL OTHER USES ENDING FUND BALANCE Reserved Unreserved 6,331 - 6,331 TOTAL ENDING FUND BALANCE 6,331 - 6,331 Prior_Period_Adjustments Residual_Equity Transfers TOTAL FUND COMMITMENTS AND FUND BALANCE 398,165 56,451 454,616 (Local Government) Town of Pahrump Schedule B - Special Revenue Fund Tourism Room Tax Fund 25222 REVISED EXPENDITURE SCHEDULE Page 2