Discussion and possible action to ratify the following budget amendment (line item transfer) within the General fund for fiscal year 2018:
Acct. Number
Acct. Name
Request
Current
End Bal.
From:
1001-2160-001-44300-035
Repairs & Maint. Equip.
$300
$488.45
$188.45
To:
1001-2160-001-441205
Utilites
$300
$12.80
$312.80
Issue: Account #1001-2160-001-441205 requires additonal funds to cover pending request for payment (AT&T phone lines "building alarm") unable to process with payment due to insufficient funds.
Solution: Transfer the money will prevent services to be disonnection and will also prevent any late fees.
Result: The transfer of funds will cover the remanider of the FY 2017-2018.