Discussion and possible action to ratify, by Order, the following budget amendment (line item transfer) within the General fund:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
1001-3170-001-461000
Materials & Supplies
$7,500
$161.81
$1,168.02
$1,006.21
To:
1001-3170-001-444500
Equipment Rental
$250
$161.81
$148.00
$309.81
Issue: The following account #100-3170-001-444500 (Equipment Rental) requires additional funds to cover estimated future expenditures that are forecasted to occur for the fiscal year.
Solution: A line item transfer will assist in account not reaching a deficit.
Result: The transfer of funds will cover any estimated future expenditures for the remainder fiscal year.