HomeMy WebLinkAboutItem #04 Approval to Transfer $7,000 from the Election Expense Account 001-512-10-5600 to the Education/Incentive Account 001-516-00-1503 ocoee
florida
AGENDA ITEM COVER SHEET
Meeting Date: 09/06/2016
Item #
Reviewed By: 4.11.)° P
Contact Name: Gene Williford Department Director:
Contact Number: 1032 City Manager: //��Alr'"%-'
Subject. Approval to transfer $7,000 from the`Election Expense Acco 001 512 '1 f l 5600 to
Education/ centive Account OW-516-06-1503.-516-06-1503.
Background Summary:
The Education/Incentive line item is under General Government and is used to cover the employee's tuition
reimbursements as outlined in the City Personnel Rules & Regulations.
Issue:
The Education Incentive Program has been utilized by employees in excess of what was originally anticipated
for the fiscal year of 2015/2016. Due to increased utilization by employees, the $35,000 budgeted for Education
Incentive is nearly depleted and it is necessary to transfer funds to cover this expense through the end of this
fiscal year.
Recommendations
Staff respectfully recommends the Commission approve transferring the funds from the Election Expense
Account 001-512-10-5600.
Attachments:
None
Financial Impact:
$7,000 to be transferred from Election Expense Account 001-512-10-5600.
Type of Item: (please mark with an x)
Public Hearing For Clerk's Dept Use:
Ordinance First Reading Consent Agenda
Ordinance Second Reading Public Hearing
Resolution Regular Agenda
X Commission Approval
Discussion& Direction
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.
Reviewed by 0 N/A