Title
A Resolution to Correct the FY15 Budget
Summary
During the development of the FY15 Budget, certain funding to the South Baldwin Chamber Foundation was inadvertently removed from the budget and needs to be reinstated. The intent was to only fund the customary $25,000 for the Foundation's Support Programs and to remove the additional $25,000 per year funded after the Baldwin County Commission discontinued their support in fiscal year 2012. The entire $50,000 was mistakenly removed from the budget.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
_x___ Not budgeted requiring increase to account #_01-620-8110__ in the amount of $_25,000___________.
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
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, certain funding for the South Baldwin Chamber Foundation's Support Programs was inadvertently removed from the budget and needs to be reinstated.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Amends the FY15 budget to correctly reflect $25,000 to the South Baldwin Chamber Foun...
Click here for full text