Discussion and possible action to approve the following line item transfers:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
001-2060-6023
Contracted Services
$54,932
$434,501
$379,569
To:
001-2001-6014
Equipment Rental
$1,200
$768.31
$1,968.31
001-2060-6014
Equipment Rental
$200
-0-
$200
001-2001-6401
Repair Maint-Building
$10,000
-$12.94
$9,987.06
001-2060-6401
Repair Maint-Building
$8,068
$1,150
$9,218
001-2001-5003-B
Overtime CBA
$9,860
-$4,859.37
$5,000.63
001-2060-5003-B
Overtime CBA
$6,965
-$1,964.95
$5,000.05
001-2060-5012
Retirement Sick Leave Buy Back
$6,466
-$6,465.60
$0.40
001-2061-5003-C
Overtime Nurses
$12,143
-$7,142.42
$5,000.58
$54,932
Issue: The afore-listed accounts (Equipment Rental, Rental Maint-Building) require a transfer of funds to cover estimated future expenditures that are forecasted to occur for the remainder of the fiscal year. The other accounts require a transfer of funds to cover current deficits.
Solution: Utilize the savings from Contracted Services to cover future expenses and cover current deficits in other accounts.
Result: The requested line item transfer of funds will cover the deficit accounts and estimated future expenditures. Furthermore, Webb County will be in compliance with both Department of Labor standards and contractual stipulations of the Collective Bargaining Agreement.
Fiscal Impact
Budget Account Number:
001-2060-6023
Funding Source:
General Funds
Balance:
$434,501
Financial Impact:
Webb County will be in compliance with both Department of Labor standards and contractual stipulations of the Collective Bargaining Agreement.