Discussion and possible action to ratify the following budget amendment (line item transfers) within the Golf Course Fund:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
7100-6110-001-461005-040
Merchandise COS Accessories
$12,500
$2,000
$5,147.95
$3,147.95
7100-6110-001-461005-020
Merchandise COS Women's Apparel
$12,500
$1,000
$2,417.50
$1,417.50
7100-6110-001-461005-015
Merchandise COS Men's Apparel
$7,000
$2,000
$5,634.76
$3,634.76
$5,000
To:
7100-6120-001-463006-005
Food & Beverage COS Food
$25,072.60
$2,000
$5,380.09
$7,380.09
7100-6120-001-463006-010
Food & Beverage NonAlc Bev
$7,000
$1,000
$2,483.09
$3,483.09
7100-6120-001-463005-020
Groceries Restaurant Supplies
$6,647
$2,000
$209.46
$2,209.46
$5,000
Issue: Funding is needed in the Food & Beverage Department for food, non-alcoholic beverages and supplies. Merchandise cost of sales balances are sufficient to cover this transfer and remain fully stocked in the Pro Shop. The goal with this transfer is to cover the remaining needs in the Food & Beverage for the current fiscal year.
Solution: Transfer as requested above.
Result: There will be sufficient funds in all budget line items to pay requested items.