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:
2007-7150-001-443000-100
Repair & Maint. Roads
$250,000
$7,000
$43,594.39
$36,594.39
To:
2007-7150-001-443000-035
Repair & Maint. Equip.
$148,000
$7,000
$3,918.95
$10,918.95
Issue: The requested line item transfer is to fund the Repair & Maintenance of Equipment account, to cover pending equipment repairs and to close the FY.
Solution: Transfer as requested above.
Result: Funds will be available to cover pending equipment repairs and to close the FY.