Discussion and possible action to ratify the following budget amendment (line item transfer) within Grant funds. [Requested by Aliza Oliveros, Head Start Director]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2930-5200-531-456205
Training & Education
$4,000
$4,000
$4,000
$0.00
2930-5200-531-461000
Materials & Supplies
$4,900
$2,447.41
$4,900.00
$2,452.59
$6,447.41
To:
2930-5200-531-410000
Payroll
$116,600
$453.28
$(453.28)
$0.00
2930-5200-531-421000
Health Life Insurance
$13,662
$5,558.00
$(5,558.00)
$0.00
2930-5200-531-423000
Retirement
$13,351
$276.52
$(276.52)
$0.00
2930-5200-531-426000
Worker Compensation
$892
$159.61
$(159.61)
$0.00
$6,447.41
Issue: Funds are needed in the Payroll, Health Life Insurance, Retirement, and Worker Compensation line items to fiscally close out the grant.
Solution: Approved the requested line item transfer.
Result: All line items will be sufficiently funded.