Title
A Resolution to Transfer Funds from the General Government Operating Account to the Community Development Division Operating Account.
Summary
The Finance Department requests to transfer $63,500 in operational costs for the Main Street Program from the General Government Operating Account (100-1010-6020 Professional / Consulting) to the Community Development Division Operating Account (100-2030-6175 Main Street Expense).
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, The Finance Department requests to transfer $63,500 in operational costs for the Main Street Program from the General Government Operating Account (100-1010-6020 Professional / Consulting) to the Community Development Division Operating Account (100-2030-6175 Main Street Expense).
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approved the transfer of $63,500 for the Main Street Program from the General Government Operating Account (100-1010-6020 Professional / Consulting) to the Community Development Division Operating Account (100-2030-6175 Main Street Expense).
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.