Discussion and possible action to approve the following budget amendment (line item transfers) within the General fund:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
1001-3170-001-444500
Equipment Rental
$1,400
$1,000
$1,400.00
$400.00
1001-3170-001-456305
Uniforms
$16,000
$1,000
$7,419.91
$6,419.91
1001-3170-001-456005
Postage & Courier Service
$250
$250
$250.00
-0-
$2,250
To:
1001-3170-001-461000
Materials & Supplies
$8,500
$2,250
$1,535.43
$3,785.43
Issue: The following account #1001-3170-001-461000 (Materials & Supplies) requires additional funds to cover estimated future expenditures that are forecasted to occur for the remainder of the fiscal year.
Solution: A line item transfer will assist in account not reaching a deficit.
Result: The transfer of funds will cover any estimated future expenditures for the remainder fiscal year.