Discussion and possible action to approve the following budget amendment (line item transfers) within Water Utility funds:
| |
Acct. Number |
Acct. Name |
Adopted |
Request |
Current |
End Bal. |
| From: |
7200-7050-001-456205 |
Training & Education |
$30,000 |
$16,000 |
$18,653 |
$2,653 |
| |
7200-7060-001-443000-035 |
Repair & Maint. Equip. |
$25,000 |
$6,000 |
$9,005 |
$3,000 |
| |
|
|
|
$22,000 |
|
|
| To: |
7200-7050-001-456005 |
Postage & Courier Service |
$9,900 |
$1,500 |
$3,134 |
$4,634 |
| |
7200-7050-001-432001 |
Professional Services |
$2,550 |
$7,500 |
$195 |
$7,695 |
| |
7200-7050-001-443000-105 |
Repair & Maint. Equip. |
$51,000 |
$3,000 |
$280 |
$3,280 |
| |
7200-7060-001-441205 |
Utilities |
$65,450 |
$10,000 |
$8,552 |
$10,852 |
| |
|
|
|
$22,000 |
|
|
Issue: Transfer of funds to provide for end of year projected shortages.
Solution: Funds available under Training and Education due to benefit of reduced grant program by TCEQ. Savings from reduced repair needs under Colorado Acres Plant Operation. Required end of year funds for Postage due to increase mail out cost for letter sized bills; Rate Study update for professional service; Repair requirements for water line, and; water purchase for Colorado Acres Water Dispenser.
Result: Sufficient funds to complete year. |