Discussion and possible action to approve the following budget amendment (line item transfer) to cover payments for a new lease. [Requested by Golf Course Department]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
7100-9050-001-483003
Capital Lease
$39,234
$9,452
$25,429
$15,977
9,452
To:
7100-9050-001-483003-235
Capital Lease 2018
$0
$7,243
$0
$7,243
7100-9050-001-483037-235
Lease Purchase Interest 2018
$0
$2,209
$0
$2,209
$9,452
Issue: Increase budget to cover current and future expenditures.
Solution: Appropriate expenditures to be used for the purpose of program expenditures.
Result: There will be sufficient funds in all budget line items.