Title
Transfer of IT Funds
Summary
This is a housekeeping item to transfer budgeted IT funds between accounts. We are also requesting to transfer $6,000 in capital to operational since the equipment falls below the capital threshold.
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
____ 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 to transfer budgeted funds in the IT Division budget.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Transfers $9,000 from 01-629-2021 to 01-629-01-629-5010; $13,000 from 01-629-5020 to 01-629-3500; $2,000 from 01-629-6020 to 01-629-3500; and $6,000 from 01-629-7010 to 01-629-5010.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.