Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) within the Water Utilities Fund. [Requested by Water Utilities]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
7200-7050-001-456305
Uniforms
$13,023
$50
$2,744
$2,694
To:
7200-9050-001-482401-175
Interest Expense-2014
$16,726
$50
$5,220
$5,270
Issue: Line Item transfer is needed to cover line item account that do not have enough funding to cover expenses.
Solution: With Court approval of line item transfer, expenses for the remainder of the fiscal year will be covered.
Result: There will be sufficient funds to cover current and projected expenditures.