Discussion and possible action to approve the following line item transfers:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
001-1102-5601
Administrative Travel
$500
$2,700
$2,200
001-1102-6022
Professional Services
$500
$2,991
$2,491
To:
001-1102-6010
Books & Subscriptions
$1,000
$1,992.85
$2,992.85
Issue: The books and subscriptions account has a balance of $1,992.85; however, extra monies are needed to cover future books and subscription expenses.
Solution: These funds will allow us to cover necessary expenses.
Result: Transfer of these funds will allow for our department to cover future expenses.