Title
Resolution to Transfer Funds to Employee Continuing Education Account
Summary
Description of Topic: (who, what, where, when, why and how much)
There is a need for additional funding in the City's Employee Continuing Education program due to the increasing number of employee's taking advantage of the City's tuition reimbursement program. Certain departments have volunteered to transfer funds from their budget in support of this program.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
__X__ Not budgeted, requesting transfer of $4,000 from Account #01-629-8050; $2,000 from Account #01-609-6010; $2,000 from Account #01-622-5210; $1,000 from Account #01-630-5210; $2,000 from Account 01-620-5020; and $1,000 from Account #01-608-5050 for a total of $12,000 to Account #01-620-1205.
____ 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 is a need for additional funding in the City's Employee Continuing Education program due to the increasing number of employee's taking advantage of the City's tuition reimbursement program, and
WHEREAS, Certain departments have volunteered to transfer funds from their budget in support of this program.
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 amounts of $4,000 from Account #01-629-8050; $2,000 from Account #01-609-6010; $2,000 from Account #01-622-5210; $1,000 from Account #01-630-5210; $2,000 from Account 01-620-5020; and $1,000 from Account #01-608-5050 for a total of $12,000 to Account #01-620-1205.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.