Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) within Grant Funds; and any other matters incident thereto: [Requested by Judge Jose R. Salinas, Justice of the Peace Pct. 4; Grant Account #2733]
Acct. Number
Acct. Name
Adopted
Amended
Request
Current
End Bal.
From:
2733-2180-001-422000
FICA County Share
$3,234
$3,156.60
$5.57
$5.57
-0-
2733-2180-001-413000
Retirement County Share
$4,920
$4,922.90
$8.06
$8.86
$0.80
2733-2180-001-425000
Unemployment Tax
$306
$327
$56.46
$56.46
-0-
$70.09
To:
2733-2180-001-41000
Payroll Cost
$40,755
$40,772.50
$70.09
($70.09)
-0-
Issue: Currently, there is a deficit in the payroll budget line item of this grant.
Solution: Transfer remaining, unused funds in the fringe benefit budget line items to the payroll line item.
Result: This deficit will be eliminated, and grant funding will be effectively utilized.
Fiscal Impact
Budget Account Number:
2733
Funding Source:
Grant Revenue
Balance:
Various
Financial Impact:
The line item transfer is for a grant; thus, there is no impact to the general fund.