Title
A Resolution Approving a Transfer of Funds
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Sue Steigerwald/Finance - During the preparation of the FY15 Budget, HR's request to move the budget for the State of the City Address from General Government Public Relations/Community Development to a new account was inadvertently omitted. Account 01-620-1222 - State of the City Address has been created and the request is to transfer $7,000 from account 01-620-8110 - Public Relations/Community Development.
SOURCE OF FUNDING:
Please provide the amount requested: $-0-
Is this a budgeted item? Yes /No yes
Please provide the budgeted amount: $ Transfer of budgeted funds Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund? No
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, The FY15 Budget adopted on September 2nd, 2014 by Resolution No. 14-0378 omitted transferring budget funds for the State of the City Address to a new account.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the addition of Account 01-620-1222 - State of the City Address and funding of the same by a budget transfer of $7,000 from account 01-620-8110 - Public Relations/Community Development.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.