HomeMy WebLinkAboutDocumentation_Regular_Tab 6a_12/09/2010 � - VI�LAGE OF TEQUESTA
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- _ AGENDA ITEM TRANSMITTAL FORM
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1. VILLAGE COUNCIL MEETING:
Meeting Date: Meeting Type: Regular Ordinance #: �:��:�fr�� ;��r� tr� ent�r t��.;
12/9/ 10
Consent Agenda: Yes Resolution #: ':: �irk h��r� t� ��+�z t�=;�:-
Originating Department: Finance
2. AGENDA ITEM TITLE: (Wording form the SUBJECT line of your staff report)
Council Approval of Budget Amendment Transferring Budgeted Funds from Capital Purchases to Car
Allowance Expenditures
3. BUDGET / FINANCIAL IMPACT:
Account #: Inter-Departmental Amount of this item: 4,306.00
Current Budgeted Amount Available: Amount Remaining after item:
27,421.00 23,115.00
Budget Transfer Required: Yes Appropriate Fund Balance: No
4. EXECUTIVE SUMMARY OF MAJOR ISSUES: (This is a snap shot description of the agenda item)
Budget amendment transferring budgeted funds from capital purchase to cal allowance.
5. APPROVALS:
De t. Head: ' '
p �,l Finance Direc�or: ' viewed for Financial
� Sufficiency
� No Financial Impact
Attorney: (for legal sufficiency) Yes ❑ No ❑
Village Manager: ���-` 1 �`��
• SUBMIT FOR COUNCIL DISCUSSION: �
• APPROVE ITEM: �
• DENY ITEM: []
Form amended 08/26/08
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FIN<1NCE DEP�RT�iENT
DATE: DECEMBER 7, 2010
TO: MICHAEL R. COUZZO, VILLAGE MANAGER
FROM: JOANN FORSYTHE, FINANCE DIRECTOR
RE: BUDGET AMENDMENT TRANSFERRING BUDGETED FUNDS FROM CAPITAL
PURCHASES TO CAR ALLOWANCE EXPENDITURES
Attached is a Budget Amendment (BA) transferring budgeted funds from capital purchases to cax
allowance. The Village has determined that ,based on a five-year life, it will save approxirriately $275
per year (plus Yepair, maintenance, fuel and insurance costs) by paying Russell White a$400 monthly
cax allowance in lieu of purchasing a$27,241 vehicle that had been budgeted.
12/7/104:44 PM
FISCAL YEAR 2011 Villaqe of Tequesta
aA # Budqet Amendment Request �E #
Increase:
Department: Water Distribution Account: Auto Auowance Account #: 401-?_43-515.108
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 4,000.00 $ 4,000.00
Justification / Comments: Moving funds from the capital purchase account "Vehicles" into the personnel accounts to fund a car
allowance.
Department: Water Distribution Account: Social Security Tax Account #: 401-243-521.101
Original Budget Balance Available Transfer Amount New Balance Available
$ 26,000.00 $ 22,510.00 $ 248.00 $ 22,758.00
Justification I Comments: Moving funds from the capital purcnase account "Vehicles" into the personnel accounts to fund a car
allowance.
Department: Water Distribution Account: Medicare Tax Account #: 401-243-521 102
Original Budget Balance Available Transfer Amount New Balance Available
$ 6,100.00 $ 5,283.00 $ 58.00 $ 5,341.00
Justification / Comments: Moving funds from the capital purchase account "Vehicles" into the personnel accounts to fund a car
al lowance.
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department: Renewal & Replacement Account: Vehicles Account #: 401-411-664.602
Balance Available
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$ 27,421.00 $ 27,421.00 $ -4,306.00 $ 23,115.00
Justification / Comments: Moving funds from the capital purchase account "Vehicles" into the personnel accounts to fund a car
- — - _._._ altowance.
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0_00 $ 0.00
Justification / Comments
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
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Approvals.
Department Head: Da
Budget Officer: Da
Village Manager Approval: Da