HomeMy WebLinkAboutItem E(04) Transfer of Funds from Contingency to Over 65 Program / Center of Good Li
01W111
AGENDA ITEM COVER SHEET
Meeting Date: October 19, 2004
Item # 4
Reviewed By:
Contact Name: Wanda Horton Department Director:
Contact Number: x1520 City Manager:
Subject: Transfer of Funds from Contingency to Seniors Program
Background Summary:
The City continues to sponsor a seniors program which pays for water, solid waste and water tax
fees for senior citizens (209) that were participants in the program at the time it was frozen.
Issue:
Transfer funds for the Seniors Program for FY04/05 for Water Tax, Water, and Solid Waste fees.
Recommendations
Approve the transfer of$85,840 from Contingency to the Seniors Program line items.
Attachments:
N/A
Financial Impact:
Reduce the amount of contingency by $85,840.
Type of Item:
❑ Public Hearing For Clerk's Dept Use:
❑ Ordinance First Reading 0 Consent Agenda
O Ordinance First Reading 0 Public Hearing
• Resolution 0 Regular Agenda
® Commission Approval
❑ Discussion& Direction
O Original Document/Contract Attached for Execution by City Clerk
O Original Document/Contract Held by Department for Execution
Reviewed by City Attorney ❑ N/A
Reviewed by Finance Dept. Qom _ ❑ N/A
Reviewed by ( ) ❑ N/A
Mayor Center of Good L,Y CommissionersS. Scott Vandergrift
, Danny Howell, District 1Scott Anderson, District 2
City ManagerRusty Johnson, District 3
Robert Frank _ Nancy J. Parker, District 4
STAFF REPORT
TO: The Honorable Mayor and City Commissioners
FROM: Wanda Horton, Finance Director
DATE: October 11, 2004
RE: Transfer of Funds from Contingency to the Seniors Program
ISSUE
Transfer funds for the Seniors Program for FY04/05 for Water Tax, Water, and Solid Waste
fees.
BACKGROUND/DISCUSSION
Funding for the Seniors Program (Over 65) was placed in contingency as historically has been done. The funds
are generally transferred to the appropriate line items during the first month of the fiscal year.
Projections for the Senior Program for FY04/05 are:
Water Tax 001-516-00-4905 $ 3,660
Water Fees 001-516-00-4906 $ 36,590
Solid Waste Fees 001-516-00-4907 $ 45,590
Total $ 85,840