Discussion and possible action to approve the following line item transfers, effective April 1, 2017:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
2357-5200-531-410000
Payroll
$50,000
$2,117,467
$2,067,467
To:
2357-5190-531-441001
Telephone
$10,000
$2,518
$12,518
2357-5190-531-460105
Minor Tools and Apparatus
$20,000
$23.56
$20,023.56
2357-5190-531-443000-020
Building Maintenance
$10,000
$20,443
$30,443
2357-5230-531-456205
Training and Education
$10,000
$0.00
$10,000
Issue: Due to payroll savings from leave without pay, vacant positions, employees on a baseline salary, FMLA, and the like, funds are available in the Payroll line item that will be returned to the Federal Government if not used for allowable grant expenses.
Solution: Approve Line Item Transfer request.
Result: The Head Start program will use all grant funds for allowable expenses.