Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) within the General fund. [Requested by Budget Officers]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
1001-1130-001-431007-010
Operational Reserve
$55,000
To:
1001-1130-001-432001
Professional Services
$400,000
$55,000
-$25,738.45
$29,261.55
Issue: Current funding for professional services has been depleted and in need of funding for a pending contractual obligation.
Solution: Approve line item transfer to have sufficient funding.
Result: Cleared current deficit and funding for pending invoice.