Agenda Item # 9.h.
City Commission Regular Meeting
- Meeting Date:
- 10/20/2014
- Re
- Golf Course Funding Request
- Submitted For:
- Gloria Johnson
SUBJECT:
Request to transfer $200,000 from Solid Waste to the Golf Course to fund operations for FY 2014.
SUMMARY:
During the budget process, the Commission was made aware of the shortfall in Golf Course funding and the possible need to transfer funds. The Golf Course will need $200,000 of additional financial assistance to finalize its operations for the remainder of the 2014 fiscal year.
RECOMMENDATION:
Transfer $200,000 from Solid Waste to contribute to the Golf Course budget.
ALTERNATIVES:
The Commission can allocate an amount they deem appropriate.
RESPONSIBLE STAFF:
Finance Director
COORDINATED WITH:
N/A
Fiscal Impact
- Budgeted Y/N:
- N
- Fiscal Year:
- 2014
- Account:
- Amount:
- $200,000
OTHER INFORMATION:
The fiscal impact is that Solid Waste transfers out $200,000. The Golf Course receives an additional $200,000 to aid in its operations.