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File #: 17-0196    Version: 1 Name: Transfer Funds within the Sports Tourism Department
Type: Resolution Status: Adopted
File created: 3/29/2017 In control:
On agenda: 4/17/2017 Final action: 4/17/2017
Title: Transfer Funds within the Sports Tourism Department
Attachments: 1. Sports Tourism Transfer Request Form.pdf

Title

Transfer Funds within the Sports Tourism Department

 

Summary

Description of Topic: (who, what, where, when, why and how much)

Sports Tourism / Transfer Funds / Bid Fees to OT / When Approved / Need Additional Funds / $5,000

Budgetary Impact:

   Non-Capital Item:

      __X__ Budgeted under account # 628-5220 Bid Fees to account # 628-1011 Overtime

      ____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.

      ____ Not budgeted requiring increase to account #___________ in the amount of $____________.

 

   Capital - Departmental

      ____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.

                    Additional amount needed, if any: Increase in budget of  $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________

      ____ Not Budgeted - account #____________ requires budget increase of $_____________.

 

   Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**

      In current year Capital Projects Plan: 

        _____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________

        _____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________

 

Body

 

     WHEREAS, the Sports Tourism staff worked many hours in order to successfully host events at the Foley Sports Tourism Complex, and

     WHEREAS, the Executive Director has $5,000 in budget funds available to transfer from the Bid Fees account to the Overtime account.

     NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:

     SECTION 1:     Approves the transfer of $5,000 from Bid Fees account 01-628-5220 to Overtime account 01-628-1011.

     SECTION 2:     This Resolution shall become effective immediately upon its adoption as required by law.