Discussion and possible action to ratify the following budget amendment (line item transfer) within grant funds for fiscal year 2018. [Requested by Community Action Agency]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2611-7100-521-410000
Payroll Cost
$95,323
$700
$3,680
$2980
2611-7110-521-410000
Payroll Cost
$260,731
$660
$34,575
$33,915
$1,360
To:
2661-7100-521-413000
Overtime
$5,000
$210
$(207)
$3
2611-7100-521-423000
Retirement County Share
$10,434
$490
$(480)
$10
2661-7110-521-413000
Overtime
$23,000
$660
$(655)
$5
$1,360
Issue: The grant period for El Aguila ended on August 31st and the line item transfers are needed to cover the negative balances on the accounts.
Solution: Approve line item tramsfer.
Result: Monies transferred will cover negative balances on accounts.