Discussion and possible action to approve the following line item transfers:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
1001-3050-001-456205
Training & Education
$2,000
$2,000
$-0-
1001-3050-001-456305
Uniforms
$2,000
$2,000
$-0-
1001-3050-001-464010
Dues & Memberships
$225
$225
$-0-
1001-3190-001-458000
Administrative Travel
$1,500
$1,500
$-0-
1001-4070-001-456305
Uniforms
$32,000
$73,255
$41,255.00
1001-3010-001-443000-110
Repairs & Maint. Software
$11,775
$26,600
$14,825.00
1001-4070-001-413000-005
Overtime Holiday CBA
$30,000
$76,443
$46,443
$79,500
To:
1001-3010-001-461006
Canine Expenditures
$7,000
$354
$7,354.00
1001-4070-001-443000-020
Repairs Maintenance Buildings
$10,000
$-0-
$10,000.00
1001-4070-001-458040
Special Travel
$28,000
$500
$28,500.00
1001-4070-001-432001-005
Prof. Service Pre/Post Employees Test
$4,500
$59.00
$4559.00
1001-4070-001-414070
Retirement Buy Back
$30,000
-$14,321.00
$15,679.00
$79,500
Issue: The following accounts: Canine Expenditures, Repair Maintenance Buildings, Special Travel, Professional Service Pre/Post Employees Test and Retirement Buy Back accounts need funds to cover estimated expenditures that are forecasted for the remainder of the fiscal year.
Solution: A Line Item Transfer will help the accounts not reach a deficit and clear account under deficit status.
Result: The transfer of funds will cover the estimated expenditures for the remainder of the fiscal year.