Discussion and possible action to approve the following line item transfer:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
001-0201-5005
Part-time (Precinct 1)
$4,200
$14,614.38
$10,414.38
To:
001-6305-5005
Part-time (Rio Bravo Activity Center)
$4,200
$ -1,711.75
$2,488.25
Issue: There is currently a negative balance in the part-time payroll account for the Rio Bravo Activity Center.
Solution: Transfer part-time monies to make the funds available to cover payroll expenses for pay period ending August 4, 2016 and the remainder of the fiscal year.
Result: Assure payment to all employees for hours worked.