Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) within Road & Bridge funds. [Requested by Jose Luis Neira, Road & Bridge Director]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2007-7140-001-469001
Operating Lease
$434,355
$67,000
$330,417.84
$263,417.84
To:
2007-7140-001-469001-005
Operating Lease Principal
$94,000
$67,000
$62.84
$67,062.84
Issue: Funds were depleted on the Operating Lease Principal account.
Solution: Transfer fund as indicated above.
Result: Funds will be available to process invoice payments, for the remainder of the Fiscal Year.