Discussion and possible action to amend the 2019 Capital Project budgets to the fiscal year end 2018 available balances by increasing the budget by $541,099.75 to accurately reflect the 2018 available balance. [Funds #3865-7420-001-474501-045 & 3865-7420-001-474501-050 (Campus Chiller Series 2016)]
Issue: Capital Project budgets require the correct available balances for 2019 and a payment in the amount of $541,099.75 was transferred from September 2018 to October 2018 and not reflected in the fund balance.
Solution: Correct the fund balance for Fund 3865 budget and have the appropriate funding to perform their intended purpose.
Result: With these budget amendments, the Capital Project budgets will have the correct available balances.