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File #: 16-0008    Version: 1 Name: Transfer of Funds Resolution to transfer funds in the General Government Department from the Election Expense account to the Employee Continuing Education account.
Type: Resolution Status: Adopted
File created: 1/5/2016 In control:
On agenda: 1/19/2016 Final action: 1/19/2016
Title: Resolution to transfer funds in the General Government Department from the Election Expense account to the Employee Continuing Education account.
Attachments: 1. Transfer Funds Request.pdf

Title

Resolution to transfer funds in the General Government Department from the Election Expense account to the Employee Continuing Education account.

 

Summary

Description of Topic: (who, what, where, when, why and how much).  There was $4,500 budged in the General Government Department Election Expense Account for a subscription based software which is no longer needed. The Employee Continuing Education Account could benefit from these excess funds. Therefore, this resolution authorizes a transfer of the $4,500 from the Election Expense account to the Continuing Education account to help fund employee tuition reimbursment. 

 

Budgetary Impact:

   Non-Capital Item:

      ____ Budgeted under account #_______________ (discussion item)

      _X___ Not budgeted, requesting transfer of $4,500 from Account #01-620-8130 (Election Expense) to Account #01-620-1205 (Employee Continuing Education).

      ____ 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, There was $4,500 budged in the General Government Department election expense account for a subscription based software which is no longer needed and the employee continuing education account could benefit from these excess funds.

 

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

     SECTION 1:     Authorizes a transfer of funds in the amount of $4,500 from account #01-620-8130 (election expense) to account #01-620-1205 (employee continuing eduction).

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