Discussion and possible action to ratify, by Order, the following budget amendment (line item transfer) within the Fairgrounds Funds 2031. [Requested by Auditor]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2031-1010-001-441205
Utilities
$0
$3,000
$30,424.20
$27,424.20
To:
2031-1010-001-432065-005
Director Fees/Management LIFE
$0
$3,000
$5,026
$8,026
Issue: Commissioners Court entered an agreement with LIFE Management where 50% of revenues are to be distributed to this entity
Solution: Budget adjustment will give the LIFE Management their portion of the agreement.
Result: The arrangements of the agreement will be completed.