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File #: 15-0125    Version: 1 Name: Transfer Funds from to Operating Account
Type: Resolution Status: Adopted
File created: 2/19/2015 In control: Community Development Deptartment
On agenda: 3/2/2015 Final action: 3/2/2015
Title: Request to Transfer Funds from Nature Parks Capital Purchase Account to Nature Parks Operating Account
Title
Request to Transfer Funds from Nature Parks Capital Purchase Account to Nature Parks Operating Account
 
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Request a resolution to transfer $13,350 from Nature Parks Capital Purchase Account (01-620-7040) to Nature Parks Operating Account (01-620-8150)due to two purchases each being under $5000.
 
 
SOURCE OF FUNDING:
Please provide the amount requested: _NA___________
Is this a budgeted item? Yes /No   yes   
Please provide the budgeted amount: $_____________   Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund?      _________________________  
Was this item included in the Fiscal Year Capital Projects Plan?   Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
 
 
Body
 
WHEREAS, Nature Parks had budgeted $8000 for electrical hookups and $5350 for website development in the nature parks capital purchases account, and
WHEREAS, the electrical hookups actual cost was $3350, the website was $3150 and the social media marketing contract was $2240, and
WHEREAS, these purchases were actually funded through the nature parks operating account.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1:       Approves transfer of $13,350 from the nature parks capital purchases Account No. 01-620-7040 to the nature parks operating Account No. 01-620-8150.
SECTION 2:      This Resolution shall become effective immediately upon its adoption as required by law.