AI- 61445
Budget and Management 9.D.1.
CC CONSENT
Interfund transfers
- Meeting Date:
- 09/05/2017
- Submitted For:
- Sergio Cruz
- Submitted By:
- Merlen P. Munoz, BUDGET & MANAGEMENT
- Department:
- BUDGET & MANAGEMENT
Information
CAPTION
A. Certification of revenues for interest earned in 2017 for Certificates of Obligation, Series 2006 (Fund 1436).
B. Approval of 2017 interfund transfer in the amount of $215,437.60 from Certificates of Obligation, Series 2006 (Fund 1436) to Refunding Bonds, Series 2014C (Fund 1446) to close out retired debt service fund 1436.
B. Approval of 2017 interfund transfer in the amount of $215,437.60 from Certificates of Obligation, Series 2006 (Fund 1436) to Refunding Bonds, Series 2014C (Fund 1446) to close out retired debt service fund 1436.
C. Approval of 2017 interfund transfer in the amount of $5,669.16 from Refunding Bonds, Series 2007 (Fund 1438) to Refunding Bonds, Series 2015C (Fund 1449) to close out retired debt service fund 1438.
BACKGROUND
All bond principal and interest related to Certificates of Obligation, Series 2006 (Fund 1436) and Refunding Bonds, Series 2007 (Fund 1438) have been paid.
Fiscal Impact
- CALENDAR YEAR:
- 2017
- ACCT. #:
- 7-14XX-XX1-XX-000-XXX-0-XXX
- FUNDS AVAILABLE Y/N?:
- Y
- MATCHING FUNDS Y/N?:
- N
BUDGETARY IMPACT:
Funds available as of 9/1/17, pending certification of revenues by the Auditor's Office for CO2006 interest earnings. Remaining amounts will be taken from the unassigned fund balance for each fund.Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Merlen P. Munoz | mmunoz | 09/01/2017 08:45 AM |
| Budget and Management | Veronica Ortiz | 09/01/2017 08:47 AM |
| Final Approval | Monica Salinas | 09/01/2017 03:00 PM |
- Form Started By:
- mmunoz
- Started On:
- 09/01/2017 08:01 AM
- Final Approval Date:
- 09/01/2017