Discussion and possible action to approve the following line item transfers:
From:
001-6305-5601
Administrative Travel
$700
001-6305-6011
Training & Education
$500
$1,200
To:
001-6305-6205
Materials & Supplies
$700
001-6305-6401
Repairs & Maint.-Building
$300
001-6305-6502
Janitorial Supplies
$200
$1,200
Issue: The accounts (Materials & supplies, Repairs & Maint.-Building, Janitorial Supplies) needs funds in order to ensure that they do not go into a deficit.
Solution: The transferring of monies into these accounts will ensure that these accounts do not reach a deficit.
Result: The accounts will have sufficient money for future expenditures during the remainder of the fiscal year.
Fiscal Impact
Budget Account Number:
001-6305
Funding Source:
5601
Balance:
700.00
Financial Impact:
After these monies are transferred, the account will be zeroed out.
Budget Account Number:
001-6305
Funding Source:
6011
Balance:
500.00
Financial Impact:
After these monies are transferred out, the account will be zeroed out.
Budget Account Number:
001-6305
Funding Source:
6205
Balance:
$280.95
Financial Impact:
After the line item transfer, the balance for the account will be $980.95
Budget Account Number:
001-6305
Funding Source:
6401
Balance:
$25.95
Financial Impact:
After these line item transfers, the balance for this account will be $325.95.
Budget Account Number:
001-6305
Funding Source:
6502
Balance:
$342.91
Financial Impact:
After the transferring of these monies, the new balance will be $542.91.