22.
Commissioners Court Meeting
- Meeting Date:
- 07/08/2024
- Submitted for:
- Rose Magana
- Prepared by:
- Rose Magana
- Department:
- Commissioners Court
Subject:
Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) within the General fund:
Issue: Webb County Appraisal District sent a finalized cost estimate in December 2023 after the budget was adopted for FY 23-24. This estimate created a shortage in this line item.
Solution: Transfer the necessary funds to complete the 4th quarterly payment that is due in September.
Result: Sufficient monies to complete the debt obligation.
| Acct. Number | Acct. Name | Adopted | Request | Current | End Bal. | |
| From: | 1001-1130-001-431007-010 | Operational Reserve | $241,413 | |||
| To: | 1001-1130-001-432064 | Appraisal District Cost | $1,293,328 | $241,413 | $142,272.25 | $383,685.25 |
Issue: Webb County Appraisal District sent a finalized cost estimate in December 2023 after the budget was adopted for FY 23-24. This estimate created a shortage in this line item.
Solution: Transfer the necessary funds to complete the 4th quarterly payment that is due in September.
Result: Sufficient monies to complete the debt obligation.
Fiscal Impact
- Budget Account Number:
- n/a
- Funding Source:
- n/a
- Balance:
- n/a
Financial Impact:
n/a