AI- 56056
Budget and Management 16.A.
CC - REGULAR
- Meeting Date:
- 08/30/2016
- Submitted By:
- Debbie Tamez, BUDGET & MANAGEMENT
- Department:
- BUDGET & MANAGEMENT
Information
CAPTION
Juvenile Boot Camp (1295)/General Fund (1100):
Approval to close out Fund 1295 (Juvenile Boot Camp) and transfer monies into Fund 1100 (General Fund), effective September 1, 2016, in order to be in compliance with GASB 54 requirements.
Approval to close out Fund 1295 (Juvenile Boot Camp) and transfer monies into Fund 1100 (General Fund), effective September 1, 2016, in order to be in compliance with GASB 54 requirements.
BACKGROUND
In compliance with Governmental Accounting Standards Board (GASB) Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions, Fund 1295 (Juvenile Boot Camp) must be closed out to Fund 1100 (General Fund) since the sole source of funding for this fund comes from the General Fund. This change should be implemented by the end of the State fiscal year (August 31st).
Fiscal Impact
Attachments
No file(s) attached.
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Veronica Ortiz | 08/25/2016 03:18 PM |
| Final Approval | Monica Salinas | 08/26/2016 05:44 PM |
- Form Started By:
- Debbie Tamez
- Started On:
- 08/25/2016 03:02 PM
- Final Approval Date:
- 08/26/2016