Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) within the Water Utilities fund:
| |
Acct. Number |
Acct. Name |
Adopted |
Request |
Current |
End Bal. |
| From: |
7200-7050-001-456305 |
Uniforms |
$13,023 |
$2,000 |
$2,743.00 |
$743.00 |
| |
7200-7050-001-443000 |
Repair & Maint. Equip. |
$52,100 |
$15,000 |
$28,473.00 |
$13,473.00 |
| |
7200-7050-001-456205 |
Training & Education |
$25,000 |
$8,000 |
$8,489.00 |
$1,489.00 |
| |
7200-7050-001-461000 |
Materials & Supplies |
$32,000 |
$10,000 |
$17,573.00 |
$7,573.00 |
| |
7200-7080-001-443000-055 |
Repair & Sewer lines |
$13,500 |
$10,000 |
$10,665.00 |
$665.00 |
| |
7200-7080-001-443000-105 |
Repair & Maint. Water Lines |
$4,250 |
$3,000 |
$3,975.00 |
$975.00 |
| |
7200-7080-001-456205 |
Training & Education |
$4,500 |
$2,000 |
$2,053.00 |
$53.00 |
| |
7200-7080-001-432001-085 |
Professional Services & Lab Testing |
$15,800 |
$4,000 |
$5,597.00 |
$1,597.00 |
| |
|
|
|
$54,000 |
|
|
| To: |
7200-7050-001-441205 |
Utilities |
$112,200 |
$35,000 |
$3,564.00 |
$38,564.00 |
| |
7200-7080-001-441205 |
Utilities |
$71,500 |
$19,000 |
$744.23 |
$19,744.23 |
| |
|
|
|
$54,000 |
|
|
Issue: We were notified by the Business Office of outstanding invoices from Prior FY 2017-2018 budget of equaling to approximately $50,000 combined from all three Utility Funds (7050,7060, and 7080). These invoices were then paid with current Budget FY2018-2019 funds creating a significant funding deficiency to cover to end of year.
Solution: Transfer Funds from remaining positive account balances.
Result: Continue electrical service for Water Utilities. |