Discussion and possible action to approve the following line item transfers:
From:
001-6101-6205
Materials & Supplies
$400
001-6101-5601
Administrative Travel
$500
001-6101-6204
Fuels & Lubricants
$300
$1,200
To:
001-6101-6401
Repairs & Maint./Building
$900
001-6101-6403
Repairs & Maint./Vehicles
$300
$1,200
Issue: This center has roof damage which needs to be repaired and some of the damaged areas need painting as well. With regard to repairs and maintenance of vehicles, a center van was recently repaired and this fund is short over $83 to finish paying for these repairs. A little bit of extra money is added to make sure any other repairs needed before the end of the year can be covered.
Solution: These monies will be used to facilitate these repairs.
Result: These fund transfers would allow the necessary repairs without the line items going into a deficit.
Fiscal Impact
Budget Account Number:
001-6101
Funding Source:
5601
Balance:
$500.00
Financial Impact:
After the transfer of $500.00 the Admin. Travel account will be zeroed out.
Budget Account Number:
001-6101
Funding Source:
6204
Balance:
$1301.83
Financial Impact:
After the transfer from Fuel and Lubricants (6204) its balance should be reduced to $1001.83
Budget Account Number:
001-6101
Funding Source:
6205
Balance:
$2526.40
Financial Impact:
The Materials and Supplies line item after this transfer should have a balance of $2126.40.
Budget Account Number:
001-6101
Funding Source:
6401
Balance:
$294.49
Financial Impact:
After the two (2) transfers into this fund, the Repairs and Maintenance/Building fund should have a new balance of $1194.49.
Budget Account Number:
001-6101
Funding Source:
6403
Balance:
$1.98
Financial Impact:
After the transfer of monies into this account the balance will be $401.83.