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HomeMy WebLinkAbout67-039RESOLUTION N0. 67-39 BOARD OF SUPERVISORS COUNTY OF BUTTE, STATE OF CALIFORNIA RESOLUTION ESTABLISHING ASSETS OF BUTTE COUNTY COMMUNITY HOSPITAL ENTERPRISE FUND. WHEREAS, the Board of Supervisors of the County of Butte did by Resolution No. 66-105, passed and adopted on July 5, 1966, establish. a "Community Hospital Enterprise Fund" to maintain fiscal control over the operations of the Butte County Community Hospital, and WHEREAS, it is the intent of the Board of Supervisors to trans- fer certain cash and other assets from the Butte County General Fund to the Community Hospital Enterprise Fund as a capital investment in said Enterprise Fund, and WHEREAS, Government Code Section 25261 grants authority to the Board of Supervisors to make available such amounts as are necessary to establish an Enterprise Fund, and WHEREAS, none of the assets to be transferred were initially acquired with restricted monies, NOW, THEREFORE BE IT RESOLVED, BY THE BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE, STATE OF CALIFORNIA, AS FOLLOWS: There is hereby transferred from the Butte County General Fund to the Community Hospital Enterprise Fund, certain cash and other assets, as set forth in Exhibit 1'A" attached, in the total value amount of $1,948,180.44. PASSED AND ADOPTED at a regular meeting of the Board of Super- Visors, County of Butte, State of California, held on the _],~„~day of .17arrh 1967, by the following vote: AYES: Supervisors TA.tnawa'~, Maxon, Pr~rde and Chairman Sinwsden NOES: None ABSENT: Supervisor McKi7.lop ATTEST : ~ ,_„_„_____ JESSIE ROGERS Arley H sden, Chairman County Clerk and ex-officio Board of Supervisors Clerk of the Board of Super- - visors of the County of Butte a BS' \- D ty Clerk EXHIBIT "A" RESOLUTION N0. 67-~~ Unaudited list of cash and other assets transferred from Butte County General Fund to Community Hospital Enterprise Fund, subject to re- determination of values: Cash (Petty cash fund) $ 50.00 Inventory (Materials and Supplies) (1) 40,171.83 Accounts Receivables (Prior) (2) 815,343.16 Land (23 acres) 23,000.00, Structures and Improvements (3) 875,757.20 Equipment (4) 193.858.25 TOTAL ~1,94$a180.44 (1) As set forth on supplies inventory maintained in Hospital accounts. (2) Accounts receivable covering Hospital services performed prior to June 30, 1966 less $102,767.58 reserve for General Fund. (3) Depreciated value of buildings and improvements as maintained in Hospital fixed asset accounts. (4) Equipment as listed on inventory on file with Auditor.