Discussion and possible action to ratify, by Order, the following ministerial budget amendment (line item transfer) within Road & Bridge Funds:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2007-7140-001-443000-035
Repairs & Maint. Equip.
$6,545
$6,545
$6,545
$0
To:
2007-7140-001-469001-005
Operating Lease Principal
$94,000
$6,545
-$2,437.38
$4,107.62
Issue: The line item transfer is to fund the Operating Lease Principal account to cover principal payment on leased vehicles for the Road & Bridge Dept.
Solution: Transfer as requested above.
Result: Funds will be available to cover outstanding payment on leased vehicles.