Title
A Resolution Authorizing the Transfer of an FY27 Approved Capital Purchase to an Operational Account for the Purchase of a New Ride-on Floor Sweeper Vacuum for the Foley Sports Tourism Event Center
Summary
Foley Sports Tourism (FST) included $16,500 in the FY27 Capital Purchase Budget for the purchase of a new Ride-on Floor Sweeper Vacuum for the Event Center. The updated vendor quote is $14,150, which falls below the City's current capital purchase threshold. Therefore, we are requesting that $14,150 be transferred from the FST Capital Purchase Account (100-5040-5100) to the FST Large Equipment Operational Account (100-5040-6056) to complete the purchase.
Budgetary Impact:
Capital - Departmental **Capital Purchase Worksheet form must be attached**
__X__ Budgeted under account # 100-5040-5100 for $ 16,500 and described in budget as _Ride-on Floor Sweeper Vacuum ,Transfer of $ 14,150__ from Account 100-5040-5100 to Account FST Large Equipment Operational Account #100-5040-6056 **Request to Increase OR Request to Transfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________. **Request to Increase Departmental Budget Dollars form must be attached**
Body
WHEREAS, in the FY27 Capital Purchase, Foley Sports Tourism included $16,500 for the purchase of a new Ride-on Floor Sweeper Vacuum for Event Center; and,
WHEREAS, the updated vendor quote for the equipment is $14,150, which falls below the City’s current capital purchase threshold; and,
WHEREAS, FST is requesting that $14,150 be transferred from the approved FY27 Capital Purchase Account (100-5040-5100) to the FST Large Equipment Operational Account (100-5040-6056) to facilitate the purchase.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the transfer of $14,150 from the FY27 FST Capital Purchase Account #100-5040-5100 to the FST Large Equipment Operational Account #100-5040-6056 for the purchase of a new Ride-on Floor Sweeper Vacuum for the FST Event Center.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.