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11.

Meeting Date:	12/14/2015
Unencumbering Funds from Special Accounts
Submitted for:	Rose Magana	Submitted By:	Rose Magana
Department:	Commissioners Court

Subject:

Discussion and possible action to review the current financial accounts with encumbered funds that have not been spent; with further action that those funds be unencumbered and allocated for debt service or another county purpose; and any other matters incident thereto.

Issue: On September 14, 2015, Commissioners Court approved the review of all special accounts that had encumbered funds that had not been spent over an extended period of time.

Solution: After reviewing these particular funds, it would be in the county’s best interest to unencumber these funds and allocate them for another county purpose.

Result: Redistributing funds will help alleviate the shortfall in other accounts with pending expenses.

Background:

n/a

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
n/a