Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) within the General fund.
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
1001-1130-001-431007-010
Operational Reserve
$200,000
To:
1001-1130-001-432001
Professional Services
$1,700,000
$200,000
$68,963.68
$268,963.68
Issue: Amount within professional services is soon to be depleted and there are pending items scheduled to be expensed from the professional services line item.
Solution: Transfer monies to have sufficient funds for the remainder of the fiscal year.
Result: Funds available for professional service needs.