Commissioner Lawrence moved that the following Resolution be adopted:

BEFORE THE BOARD OF COUNTY COMMISSIONERS

OF THE COUNTY OF JEFFERSON

STATE OF COLORADO

RESOLUTION NO. CC00-381

RE: TREASURER - BUDGET - INTEREST ALLOCATION

Resolved that the Board of County Commissioners hereby approves the following method for the allocation of interest from the Pooled Equity Fund.

On a monthly basis, the Treasurer's Office shall continue to make manual allocations of interest to the following accounts within the Agency Fund: Public Trustee Excess Funds, E-911 Fund and Performance Escrows. The balance remaining after such allocation shall be transferred on a monthly basis to the General Fund.

The Accounting Department shall allocate interest transferred to the General Fund to each budgeted fund based upon the average daily cash balance during the month.

All policies and resolutions inconsistent with this Resolution, including Resolution No. CC94-947, are superceded to the extent of such inconsistency.

Commissioner Holloway seconded the adoption of the foregoing Resolution. The roll having been called, the vote was as follows:

Commissioner Michelle Lawrence Aye
Commissioner Patricia B. Holloway Aye
Commissioner Richard M. Sheehan, Chairman Aye

The Resolution was adopted by unanimous vote of the Board of County Commissioners of the County of Jefferson, State of Colorado.

Dated: July 11, 2000

Copyright © 2000, Jefferson County, Colorado.  All rights reserved. 

Send mail to jtownsen@jeffco.us with questions or comments about this web site.
Last modified: May 22, 2003