Discussion and possible action to approve the following line item transfers:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
2865-5410-001-410000
Payroll
$3,750
$11,096.71
$7,346.71
To:
2865-5410-001-444200
Vehicle Rental
$2,214
$16,86.00
$3,900.00
2865-5410-001-462605
Fuel & Lubricants
$1,536
$116.97
$1,652.97
$3,750
Issue: Funds in Vehicle Rental and Fuel & Lube accounts are low. Veteran's Transportation Grant will end June 30, 2017 and excess funds will be left under payroll account that need to be used by set date.
Solution: Transfer funds from payroll accounts to accounts that need it most.
Result: The transfer of these funds will allow for payment of fuel and payment of pick-up fee from vehicle rental by the end of the grant period.