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Budget Amendment Transferring Funds to Move Funds From Reserves for Contingency to Uncapitalized Equipment for Replacement Refrigerator for Metropolitan Planning Organization
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BRIEF OVERVIEW
Attached is a budget amendment that requires approval pursuant to Board policy by the Hernando County Board of County Commissioners. The budget amendment transfers $700.00 from the Fund’s Reserve to the Uncapitalized Equipment in order to purchase a replacement refrigerator for the office space common area.
FINANCIAL IMPACT
The attached budget amendment transfers funds from Account No. 1031-01761-5909910 Budget Reserve for Contingency to Account No. 1031-01761-5305264 Uncapitalized Equipment in the amount of $700.00.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended the Board approve the attached budget amendment for Fund 1031.