Discussion and possible action to approve, by Order, a budget amendment in the amount of $3,106.00 (Head Start Only) for auction sale revenue received in accordance with the Texas State Local Government Code, Sub-Chapter C; Section 111.07075 (Special Budget for Revenue After Start of Fiscal Year) for the purpose of using proceeds towards the Head Start program. [Requested by Aliza Oliveros, Head Start Director]
Acct. Number
Acct. Name
Request
Current
End Bal.
From:
2357-1150-357420
Other Revenues
$1,056
$(1,056.00)
$0.00
2357-1150-392000
Sale of Equipment
$2,050
$(2,050.00
$0.00
$3,106
To:
2357-1150-531-431002
Administrative Expense
$3,106
$30.35
$3,136.35
Issue: Auction proceeds incurred were not anticipated before the adoption of the FY 2021 Budget.
Solution: Appropriate a portion of the proceeds to be used for the purpose of funding Head Start program expenditures.
Result: Finalize special budget using auction proceeds incurred for the intended purpose stated on this agenda item.