Discussion and possible action to approve the following line item transfer:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
1001-3170-001-461000
Materials & Supplies
$562
$3,561.85
$2,999.85
To:
100-3170-001-443000-075
Repairs & Maint. Vehicles
$562
$0.00
$562
Issue: The following account #100-3170-001-443000-075 (Repairs & Maintenance Vehicles) requires additional funds to cover estimated future expenditures that are forecasted to occur for the remainder of the fiscal year.
Solution: A line item transfer will assist in account not reaching a deficit.
Result: The transfer of funds will cover any estimated future expenditures for the remainder fiscal year.