Discussion and possible action to approve the following line item transfers:
From:
001-1100-5601
Administrative Travel
$29
001-1100-6004-2
Cell Phone Cost
$2,000
001-1100-6007
Dues & Memberships
$500
001-1100-6022
Professional Services
$4,000
$6,529
To:
001-1100-6205
Materials & Supplies
$2,729
001-1100-6402
Repairs & Maint. - Equip.
$2,000
001-1100-6403
Repairs & Maint.- Vehicle
$1,800
$6,529
Issue: The following accounts: Materials & Supplies, Repairs & Maintenance Equipment, Repairs & Maintenance Vehicle need funds to cover future expenditures that are forecasted for the remainder of the fiscal year.
Solution: The line item transfer will help the accounts not reach a deficit.
Result: The transfer of funds will cover future expenditures for the remainder of the fiscal year.