Discussion and possible action to approve the following budget amendment (line item transfer); and any other matters incident thereto:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
1001-1130-001-431007-010
Operational Reserve
$ 0
$35,000
$864,609
$829,609
To:
1001-1130-001-432001
Professional Services
$215,000
$35,000
$53,786.40
$88,786.40
Issue: A line item transfer is required to cover anticipated expenses for legal fees for the remainder of fiscal year and to cover a feasibility study that was approved by Commissioners Court on April 9, 2018.
Solution: Consideration to approve line item transfer to cover such expenses.
Result: Funding will be in place to pay study and cover projected legal fees for the remainder of fiscal year.