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Legislation Details

File #: 21-0348    Version: 1 Name: budgettransferrec
Type: Resolution Status: Adopted
File created: 6/14/2021 In control:
On agenda: 6/21/2021 Final action: 6/21/2021
Title: A Resolution Reallocating Funds from Recreation Capital to Smalls Tools.
Attachments: 1. Capital Dollar Move - Rec
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Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
6/21/20211 City Council    Not available Meeting details Not available
Title
A Resolution Reallocating Funds from Recreation Capital to Smalls Tools.

Summary
We have moved to bottles for drink products at the concessions stand and no longer have a need for an ice machine. We are requesting reallocation from our Capital Account 100-5030-5100 to our Small Tools Account 100-5030-6053 to purchase non-branded coolers to hold the product

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
__X_ Budgeted under account #_100-5030-5100__ for $8,000___ and described in budget as ___Ice Machine______.
Additional amount needed, if any: Increase in budget of $___ OR, transfer of $_8,000___ from Account #100-5030-5100 to Account #100-5030-6053
____ 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, Foley Recreation has a need for drink coolers for concessions and no longer needs an ice machine,
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the transfer of $8,000 from account Recreation Capital 100-5030-5100 to Recreation Small Tools 100-5030-6053.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law...

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