Discussion and possible action to approve the following budget amendment (line item transfers) within Water Utility funds:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
7200-7050-001-456205
Training & Education
$30,000
$16,000
$18,653
$2,653
7200-7060-001-443000-035
Repair & Maint. Equip.
$25,000
$6,000
$9,005
$3,000
$22,000
To:
7200-7050-001-456005
Postage & Courier Service
$9,900
$1,500
$3,134
$4,634
7200-7050-001-432001
Professional Services
$2,550
$7,500
$195
$7,695
7200-7050-001-443000-105
Repair & Maint. Equip.
$51,000
$3,000
$280
$3,280
7200-7060-001-441205
Utilities
$65,450
$10,000
$8,552
$10,852
$22,000
Issue: Transfer of funds to provide for end of year projected shortages.
Solution: Funds available under Training and Education due to benefit of reduced grant program by TCEQ. Savings from reduced repair needs under Colorado Acres Plant Operation. Required end of year funds for Postage due to increase mail out cost for letter sized bills; Rate Study update for professional service; Repair requirements for water line, and; water purchase for Colorado Acres Water Dispenser.