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File #: 15-0342    Version: 2 Name: A Resolution to Correct the FY15 Budget
Type: Resolution Status: Adopted
File created: 5/22/2015 In control: Finance Department
On agenda: 6/1/2015 Final action: 6/1/2015
Title: A Resolution to Correct the FY15 Budget

Title

A Resolution to Correct the FY15 Budget

 

Summary

During the development of the FY15 Budget, certain funding to the South Baldwin Chamber Foundation was inadvertently removed from the budget and needs to be reinstated.  The intent was to only fund the customary $25,000 for the Foundation's Support Programs and to remove the additional $25,000 per year funded after the Baldwin County Commission discontinued their support in fiscal year 2012.  The entire $50,000 was mistakenly removed from the budget.

 

Budgetary Impact:

   Non-Capital Item:

      ____ Budgeted under account #_______________ (discussion item)

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

      _x___ Not budgeted requiring increase to account #_01-620-8110__ in the amount of $_25,000___________.

 

   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

      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,  certain funding for the South Baldwin Chamber Foundation's Support Programs was inadvertently removed from the budget and needs to be reinstated.

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

     SECTION 1:     Amends the FY15 budget to correctly reflect $25,000 to the South Baldwin Chamber Foundation for Support Programs under account 01-620-8110, Public Relations/Community Development.

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