Title
Request permission to transfer funds from acct 01-625-5020 to acct 01-625-2400 to purchase items to sell in gift shop at Welcome Center.
Summary
The marketing department requests council permission to transfer funds from account 01-625-5020, supplies, to account 01-625-2400, cost of goods sold from inventory, in the amount of $1,200. This funding will be used to increase the inventory of Foley items in the Welcome Center gift shop.
Budgetary Impact:
Non-Capital Item:
Departmental Budget
Transfer of $1,200 from Account #01-625-5020 to Account #01-625-2400
Body
WHEREAS, the Marketing Department requests permission to transfer funds from account 01-625-5020, supplies, to account 01-625-2400, cost of goods sold, for the purpose of increasing the inventory of Foley items in the Welcome Center gift shop,
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the transfer of funds from the Marketing Department account 01-625-5020 to account 01-625-2400.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.