Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) to complete pending capital projects previously approved by the Court on August 13, 2018:
Acct. Number
Acct. Name
Request
Current
End Bal.
From:
1001-1130-001-431007-010
Operational Reserve
$75,500
$372,325.04
$296,825.04
To:
1001-1130-001-470000
Capital Outlay
$75,500
$(44,492.58)
$31,007.42
Issue: The end of year audit and closing of the books effected the encumbrance for All in Construction purchase order and several other pending purchases that have not been completed during to shortfall.
Solution: Transfer will cover the deficit, and all pending purchase order to be completed.
Result: These pending capital projects will be funded and completed.