Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) within the General fund, effective date September 30, 2023, to eliminate deficits for CAA Meals on Wheels ($50,000), Texas Emergency Mortgage Assistance Program ($5,375), Emergency Food and Shelter ($2,500.00) and Election Service Contracts ($47,465):
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
1001-1130-001-431007-010
Operational Reserve
$105,340
To:
1001-1160-001-463902-020
Match-CAA MOW
$35,100.00
$50,000.00
$0.00
$136,359.54
2531-9080-391000
Transfers In
$0.00
$5,375.00
$0.00
$5,372.41
2473-9080-391000
Transfers In
$0.00
$2,500.00
$0.00
$2,500.00
2010-9080-391000
Election Service contracts
$150,000
$47,465.00
$150,000
$197,465
$105,340
Issue: Texas Emergency Mortgage Assistance Program, Emergency Food and Shelter Program and Election Service Contracts terminated with a deficit for FY 2022 audit and Meals on Wheel will end with a deficit for this FY 2023 audit.
Solution: Transfer from Operational Reserve to eliminate deficits.
Result: Funds will close the fiscal year September 30, 2023.