Commissioners Court Meeting
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Meeting Date:
02/08/2021
Submitted for:
Elizabeth Ortiz
Prepared by:
Elizabeth Ortiz
Department:
County Judge
Subject:
Discussion and possible action to ratify, by Order, the following budget amendment (line item transfer) in order to complete funding for the construction contract with Quantcorp Construction:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
3874-9080-001-485005
Interest Income Series 2019A
$0
$5,641
$26,495
$32,136
To
3871-3100-001-474501
Construction in Progress
$616,100
$5,641
$616,100
$621,741
Issue:
The original contract was approved by Commissioners Court on November 23, 2020, but the funding source was short the above said amount.
Solution:
Transferring funds from the interest income series will ensure adequate funding.
Result:
The construction company's contract wil be finalized.
Fiscal Impact
Budget Account Number:
N/A
Funding Source:
N/A
Balance:
N/A
Financial Impact:
N/A
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