Commissioners Court Meeting

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Meeting Date:	04/08/2019
Capital Project Budget Adjustment
Submitted for:	Rafael Perez	Submitted By:	Lizette Torres
Department:	Auditor

Subject:

Discussion and possible action to amend the 2019 Capital Project budgets to the fiscal year end 2018 available balances by increasing the budget by $541,099.75 to accurately reflect the 2018 available balance. [Funds #3865-7420-001-474501-045 & 3865-7420-001-474501-050 (Campus Chiller Series 2016)]

Issue: Capital Project budgets require the correct available balances for 2019 and a payment in the amount of $541,099.75 was transferred from September 2018 to October 2018 and not reflected in the fund balance.

Solution: Correct the fund balance for Fund 3865 budget and have the appropriate funding to perform their intended purpose.

Result: With these budget amendments, the Capital Project budgets will have the correct available balances.

Background:

n/a

Previous Court Action:

n/a

Fiscal Impact

Budget Account Number:	3865-7420
Funding Source:	Series 2016 Fund 386
Balance:	n/a
Financial Impact:
none

Attachments
3865 BA