Discussion and possible action to approve the following budget amendment (line item transfers); and any other matters incident thereto. [Grant Fund #2593 (JAG 2015)]
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
2593-3010-001-410000
Payroll
$5,285.02
$5285.02
-0-
2593-3010-001-421000
Health Ins.
$772.89
$772.89
-0-
2593-3010-001-422000
FICA/Medi
$516.55
$516.55
-0-
2593-3010-001-423000
Retirement
$783.30
$783.36
$0.06
2593-3010-001-425000
Unemployment
$73.89
$73.89
-0-
2593-3010-001-421004
Worker's Comp.
$158.35
$158.35
-0-
Total
$7,590
To:
2593-3010-001-460105-015
Minor Tools/Apparatus
$138
($136.42)
$1.58
2593-3010-001-470000
Capital Outlay
$6,119
-0-
$6,119
2593-3010-001-460105
Minor Tools/Apparatus
$1,333
-0-
$1,333
Total
$7,590
Issue: Funding was required for the purchase of needed patrol equipment.
Solution: Utilize currently unused grant funds for the purchase of said equipment by making a no-cost grant adjustment/line item transfer from payroll and associated fringe benefits to relevant budget categories.
Result: Currently unused funds will be used in a timely and effective manner after this needed budget line item transfer.