Discussion and possible action to ratify the following budget amendment (line item transfer) within the Golf Course Fund:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
7100-6110-001-461005-035
Merchandise- Equipment
$13,600
$2,500
$10,770
$8,270
To:
7100-6110-001-461005-030
Merchandise- Shoes
$0
$2,500
$0
$2,500
Issue:This line item transfer is to fund the Shoes cost of sales account – the golf course is having more success in shoe sales than originally anticipated.
Solution: Transfer as requested above.
Result: There will be sufficient funds in all budget line items to pay requested items.