Title
A Resolution to Transfer Budgeted Capital Projects Funds from IT and Revenue to Capital Purchases Account for Revenue and Appropriate Funds to Purchase Sales Tax Software
Summary
Description of Topic: I had planned to add tax software to FY25 budget but because of implementation times, we need to move forward with purchasing the module now. I would like to transfer the balance in the Revenue Office Addition (Capital Project). We do not anticipate purchasing flooring for a while. IT has $30,000 for Fiber Expansion he doesn't anticipate to use. and I would like to transfer the balance of what we need from IT's Capital Projects budget to Revenue's Capital Purchase budget. The software purchase will be a one time fee of $15,500.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $ 8,141.06 from Account #400-1014-5100 to Account # Revenue - Capital Purchase and transfer of $ 7,358.94 from IT Capital Projects - Fiber Expansion to Revenue - Capital Purchase. **Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ Yes, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
_____ No, requesting an increase of $__________ to an already approved project titled _______________________ that is being tracked under Account No. _________________.
Body
WHEREAS, The Revenue Department has an immediate need to purchase sales tax software from CitizenServe at a total cost of $15,500 and,
WHEREAS, Revenue Department has a surplus of budgeted funds in Capital Project Fund - Revenue Office addition and,
WHEREAS, IT Department has a surplus of budgeted funds in Capital Project Fund - Fiber Expansion.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approve the transfer of $7,358.94 from IT Capital Project Fund for Fiber Expansion to Revenue Capital Purchases.
SECTION 2: Approve the transfer of $8,141.06 from Revenue Capital Project Fund Account # 400-1014-5100 for Revenue Office Addition to Revenue Capital Purchases.
SECTION 3: Appropriate $15,500 to Revenue Department Capital Purchases for the purchase of sales tax software from CitizenServe.
SECTION 4: This Resolution shall become effective immediately upon its adoption as required by law.