Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) within the General fund. [Requested by Rhonda Tiffin, Planning & Physical Development Director]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2007-7030-001-460105
Minor Tools & Apparatus
$8,500
$2,400
$6,735.02
$4,335.02
To:
2007-1070-001-462605
Fuel & Lubricants
$3,000
$1,200
$671.83
$1,871.83
2007-7030-001-462605
Fuel & Lubricants
$4,000
$1,200
$558.53
$1,758.53
$2,400
Issue: Due to the increase of fuel prices, we are experiencing a deficit in Fuel & Lubricants funds/are almost exhausted.
Solution: Approval of line item transfer will cover unexpected added expense for the remainder of the fiscal year.
Result: There will be sufficient funds to continue services for the remainder of the fiscal year.