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File #: 21-0348    Version: 1 Name: budgettransferrec
Type: Resolution Status: Adopted
File created: 6/14/2021 In control:
On agenda: 6/21/2021 Final action: 6/21/2021
Title: A Resolution Reallocating Funds from Recreation Capital to Smalls Tools.
Attachments: 1. Capital Dollar Move - Rec

Title

A Resolution Reallocating Funds from Recreation Capital to Smalls Tools.

 

Summary

We have moved to bottles for drink products at the concessions stand and no longer have a need for an ice machine.   We are requesting reallocation from our Capital Account 100-5030-5100 to our Small Tools Account 100-5030-6053 to purchase non-branded coolers to hold the product 

 

Budgetary Impact:

   Non-Capital Item:

      __ _ Budgeted under account #_           ___ (discussion item)

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

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

 

   Capital - Departmental

      __X_ Budgeted under account #_100-5030-5100__ for $8,000___ and described in budget as ___Ice Machine______.

                    Additional amount needed, if any: Increase in budget of  $___ OR, transfer of $_8,000___ from Account #100-5030-5100 to Account #100-5030-6053

      ____ 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, Foley Recreation has a need for drink coolers for concessions and no longer needs an ice machine,

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

     SECTION 1:     Approves the transfer of $8,000 from account Recreation Capital 100-5030-5100 to Recreation Small Tools 100-5030-6053.

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