Discussion and possible action to ratify, by Order, the following budget amendment (line item transfer) within Golf Course funds:
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
7100-6110-001-461005-035
Merchandise COS Equipment
$13,600
$2,500
$10,770
$8,270
To:
7100-6110-001-461005-030
Merchandise COS Shoes
$-0-
$2,500
$-0-
$2,500
Issue: This line-item transfer is to fund the Shoes cost sales account- the Golf Course is having more success in shoe sales than originally anticipated.
Solution: Transfer as requested above.
Result: There will be sufficient funds in all budget line-item transfers to pay requested items.