Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) within grant funds. [Requested by Community Action Agency]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2530-6360-521-410000
Payroll
$96,000
$6,000
$25,360.56
$19,360.56
2530-6360-521-426000
Work Comp
$6,188
$2,000
$3,247.72
$1,247.72
$8,000
To:
2530-6360-521-421000
Health Life insurance
$25,844
8,000
$-1,065.27
$6,934.73
Issue: The Self-Help Center Health Life Insurance Account requires a line item transfer within grant funds in order to properly fund this account through the end of the current grant cycle.
Solution: Approve the requested line item transfer for the Health Life insurance Account to be sufficiently funded through the end of the current grant cycle.
Result: Health Life Insurance Account will be funded through the end of the current grant cycle (September 1, 2020).