Discussion and possible action to approve the following line item transfer:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
1001-1130-001-441001
Telephone
$30,000
$158,253.47
$128,253.47
To:
1001-1130-001-441805
Internet Service
$30,000
$2.07
$30,002.07
Issue: The configuration of accounts has required line item transfers into the Internet Service line item. The amount of the previous budget amendment has been exhausted and additional funds are required for invoices pending to be paid.
Solution: Process line item transfer to ensure payment for services rendered.