HomeMy WebLinkAbout[04d] Transfers
4(d)
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Council Agenda Item
MEETING DATE:
March 21, 2013
AGENDA ITEM:
Transfers– Requested Action: Authorize the 2012 Transfers
SUBMITTED BY:
Finance
BOARD/COMMISSION/COMMITTEE RECOMMENDATION:
Fire Board recommended
budget approval on December 12, 2011.
PREVIOUS COUNCIL ACTION:
The City Council adopted the 2012 budget in December 15, 2011.
BACKGROUND INFORMATION:
Annually, the City Council is requested to approve a
reimbursement from the fire fund to reimburse the general fund for administrative expenses. The 2012
budget estimated the admin reimbursement to be $11,350 based on the fire expense budget. After the
final expenditures are recorded for the 2012 audit, the calculated reimbursement is $11,654.73. Staff is
requesting approval to reimburse the general fund for the actual calculated amount, effective 12/31/12.
BUDGET/FISCAL IMPACT:
$11,654.73 between funds
ATTACHMENTS:
Request for Council Action - Transfers
REQUESTED COUNCIL ACTION:
Authorize the 2012 admin reimbursement as requested.