Discussion and possible action to approve the following budget amendment (line item transfers) within the General fund:
| |
Acct. Number |
Acct. Name |
Adopted |
Request |
Current |
End Bal. |
| From: |
1001-1320-001-441035 |
Cell Phones OPF |
$1,800 |
$1,124.00 |
$1,124.46 |
$0.46 |
| From: |
1001-1320-001-444500 |
Equipment Rental |
$31,000 |
$7,196.00 |
$7,196.98 |
$0.98 |
| From: |
1001-1320-001-461000 |
Materials & Supplies |
$35,000 |
$174.00 |
$3,627.37 |
$3,453.37 |
| From: |
1001-1320-001-456205 |
Training & Education |
$3,000 |
$355.00 |
$2,700.00 |
$2,345.00 |
| |
|
Total |
|
$8,849.00 |
|
|
| To: |
1001-1320-001-443000-075 |
Repair & Maintenance Vehicles |
$500 |
$600.00 |
$22.58 |
$622.58 |
| To: |
1001-1320-001-464005 |
Books & Subscriptions |
$4,000 |
$2,700.00 |
$4.00 |
$2,704.00 |
| To: |
1001-1320-001-432001 |
Professional Services |
$1 |
$174.00 |
$1.00 |
$175.00 |
| To: |
1001-1320-001-460105 |
Minor Tools & Apparatus |
$5,950 |
$5,375.00 |
$1,621.08 |
$6,996.08 |
| |
|
Total |
|
$8,849.00 |
|
|
Issue: The Repair & Maintenance Vehicles, Books & Subscriptions, Professional Services, and Minor Tools & Apparatus accounts all had unforeseen expenses. Repair & Maintenance Vehicles funds were depleted when one of the vehicles needed extensive repairs. Books & Subscriptions funds were also depleted when additional users were added to the LexisNexis, Accurint, program. Professional Services funds are needed to pay an invoice to International Bank of Commerce for research they conducted on the bank accounts of the previous administration. Minor Tools & Apparatus funds are needed to pay an invoice to Hamer Enterprises for teller scanners. The line item transfers are needed on all accounts to avoid shortfalls for the remainder of the fiscal year.
Solution: Approve the line item transfers.
Result: All accounts will have sufficient funds for the remainder of the fiscal year. |