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: |
7200-7050-001-4456005 |
Repair & Main. Pumps & Motors |
$100,000 |
$45,000 |
$82,724 |
$37,724 |
| |
7200-7050-001-462605 |
Fuel & Lubricants |
$55,160 |
$29,000 |
$48,277 |
$19,277 |
| |
7200-7080-001-456005 |
Repair & Maint. Pumps & Motors |
$55,000 |
$30,000 |
$46,524 |
$16,524 |
| |
|
|
|
$104,000 |
|
|
| |
|
|
|
|
|
|
| To: |
7200-7050-001-443000-020 |
Repair & Maint. Building |
$42,750 |
$20,000 |
$27,344 |
$47,344 |
| |
7200-7050-001-443000-035 |
Repair & Maint. Equipment |
$52,100 |
$45,000 |
$2,260 |
$47,260 |
| |
7200-7050-001-432001 |
Professional Services |
$2,500 |
$5,000 |
$2,310 |
$7,310 |
| |
7200-7050-001-455000 |
Printing & Supplies |
$5,100 |
$3,000 |
$2,101 |
$5,101 |
| |
7200-7050-001-441001 |
Telephone |
$3,730 |
$1,000 |
$2,235 |
$3,235 |
| |
7200-7080-001-443000-035 |
Repair & Maint. Equipment |
$33,400 |
$30,000 |
$1,710 |
$31,710 |
| |
|
|
|
104,000 |
|
|
Issue: Projected low balances in operational accounts for end of FY. Repair and Maintenance needs regarding new projects such as the LED sign and Kiosk installation. Professional services required under rate study presentations.
Solution: Transfer of funds.
Result: Continue departments operation. |