Title
Transfer Funds within the Sports Tourism Department
Summary
Description of Topic: (who, what, where, when, why and how much)
Sandra Pate: Transfer $3,000 from the Sports Tourism Advertising & Marketing account to the Overtime account to cover budget shortfall.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
___x_ Not budgeted, requesting transfer of $_3,000____ from Account #_01-628-5210___ to Account #_01-628-1011_.
____ 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, Sports Tourism staff worked many hours in order to successfully host the first events held at the multi-use and championship fields, and
WHEREAS, The Executive Director has $3,000 in budget funds available to transfer from the Advertising & Marketing account to the Overtime account.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the transfer of $3,000 from Advertising/Marketing account 01-628-5210 to Overtime account 01-628-1011.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.