Discussion and possible action to approve the following line item transfer:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
001-0200-6007
Dues & Memberships
$6,500
$13,705
$7,205
To:
001-0200-6205
Materials & Supplies
$6,500
$1,473
$7,973
Issue: The office is in need of several items (office chairs, workstation desk, laptop, and smart board) and there is a shortage in funds to complete the purchase of these items.
Solution: Transferring of these funds will complete the process of these pending purchases.
Result: Once these items have been purchased the office will run more effectively and no longer need to borrow items from other departments.