Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) within the Water Utilities fund:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
7200-7050-001-456305
Uniforms
$13,023
$2,000
$2,743.00
$743.00
7200-7050-001-443000
Repair & Maint. Equip.
$52,100
$15,000
$28,473.00
$13,473.00
7200-7050-001-456205
Training & Education
$25,000
$8,000
$8,489.00
$1,489.00
7200-7050-001-461000
Materials & Supplies
$32,000
$10,000
$17,573.00
$7,573.00
7200-7080-001-443000-055
Repair & Sewer lines
$13,500
$10,000
$10,665.00
$665.00
7200-7080-001-443000-105
Repair & Maint. Water Lines
$4,250
$3,000
$3,975.00
$975.00
7200-7080-001-456205
Training & Education
$4,500
$2,000
$2,053.00
$53.00
7200-7080-001-432001-085
Professional Services & Lab Testing
$15,800
$4,000
$5,597.00
$1,597.00
$54,000
To:
7200-7050-001-441205
Utilities
$112,200
$35,000
$3,564.00
$38,564.00
7200-7080-001-441205
Utilities
$71,500
$19,000
$744.23
$19,744.23
$54,000
Issue: We were notified by the Business Office of outstanding invoices from Prior FY 2017-2018 budget of equaling to approximately $50,000 combined from all three Utility Funds (7050,7060, and 7080). These invoices were then paid with current Budget FY2018-2019 funds creating a significant funding deficiency to cover to end of year.
Solution: Transfer Funds from remaining positive account balances.
Result: Continue electrical service for Water Utilities.