Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) within the Road & Bridge funds. [Requested by Jose Luis Neira, Road & Bridge Director]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2007-7150-001-443000-100
Repairs & Maint. Roads
$700,000
$18,000
$178,831.38
$160,831.38
To:
2007-7150-001-443000-035
Repairs & Maint. Equipment
$152,000
$18,000
-$221.92
$17,778.08
Issue: The Repair & Maintenance of Equipment account is in a negative balance. We have pending repairs to be done to our equipment due to the lack of funds.
Solution: Transfer funds as requested above.
Result: Funds will allow us to repair our equipment and to cover projected repairs, as well.