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Meeting Date: 05/09/2016  
Unencumbering Funds
Submitted for: Rose Magana Submitted By: Rose Magana
Department: Commissioners Court  

Subject:
Discussion and possible action to approve that funds available in Capital Outlay Fund #605-0202-8801 that have been encumbered but have not been spent, be reallocated for another county purpose. Additional action to transfer funds into new 605 sub-account and authorizing Auditors office to create said account; and any other matters incident thereto. 

Issue: Capital Outlay Fund 605 has over $28,450 that has been encumbered and unused since fiscal year 2014-2015.

Solution: These funds should be utilized for another county project that is in need of funds and not just rolled over from one fiscal year to the next.

Result: Unencumbering these funds will allow the monies to be utilized for another county purpose.
Background:
n/a
Previous Court Action:

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

    

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