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HomeMy WebLinkAboutItem #05 Approval to Transfer $5,000 from 001-00-5405 Fire Department Training Account to Education/Incentive Account 001-513-30-1503WN I Y J Ocoee Florida AGENDA ITEM COVER SHEET Meeting Date: 08/05/14 Item # Contact Name: Contact Number: Gen Williford 1032 Reviewed Ely: Department Director: City Manager: Subject: Approval to transfer $5,000 from 001 - 522 -00 -5405 Fire Departm t Training account to Education/Incentive Account 001 - 513 - 30 -1503. Background Summary: The Education /Incentive line item is under the Human Resources Department budget and is used to cover the employee's tuition and books as outlined in the City Personnel Rules & Regulations. Issue: The Education Incentive Program has been utilized by employees more than what was anticipated for fiscal year 13 -14. Due to increased utilization by employees, the $25,000 budgeted for Education/Incentive is almost depleted and will be necessary to transfer money in order to cover this expense through the end of this fiscal year. Recommendations Staff respectfully recommends the Commission approve transferring the funds from 001 - 522 -00 -5405 Fire Department Training account. Attachments: None Financial Impact: $5,000 to be transferred from 001 - 522 -00 -5405 Fire Department Training account. Type of Item: (please mark with an z') Public Hearing Ordinance First Reading Ordinance Second Reading Resolution X Commission Approval Discussion & Direction For Clerk's Dept Use: Consent Agenda Public Hearing Regular Agenda Original Document/Contract Attached for Execution by City Clerk Original Document/Contract Held by Department for Execution Reviewed by City Attorney N/A Reviewed by Finance Dept. �/J/"�yT/ N/A Reviewed by () N/A