Discussion and possible action to approve the following budget amendment (line item transfer) within Grant funds; and any other matters incident thereto. [Requested by Martin Cuellar, Webb County Sheriff]
Acct. Number
Acct. Name
Original Budget
Request
Current
End Bal.
From:
2468-3010-001-425000
Unemployment Tax
$8,338
$85
$363.80
$278.80
2468-3010-001-426000
Worker Compensation
$52,740
$23,763
$24,400.93
$637.93
$23,848
To:
2468-3010-001-413000
Overtime
$1,004,570
$17,910
$18,463.27
$36,373.27
2468-3010-001-422000
FICA County Share
$76,849
$1,372
$1,411.87
$2,783.87
2468-3010-001-423000
Retirement County Share
$110,503
$4,566
($283.81)
$4,282.19
$23,848
Issue: There are excess funds under Unemployment Tax and Worker's Compensation that can be utilized to cover future expenditures under the categories of Overtime, FICA, and Retirement.
Solution: Seek a line item transfer to use excess grant funds in certain budget categories to cover future expenditures under other budget categories.
Result: The grant funds will be used effectively, efficiently, and fully.
Fiscal Impact
Budget Account Number:
2468
Funding Source:
Grant Revenue
Balance:
Various
Financial Impact:
Grant funds. Therefore, no impact to the general fund.