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5.b.
Commissioners Court Meeting
Meeting Date:
07/22/2024
Submitted for:
Angelica Morales
Prepared by:
Angelica Morales
Department:
Auditor

Subject:

Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) and transfer available funds to Debt Service Fund. [Certificates of Obligation Series 2013]
 
  Acct. Number Acct. Name Adopted Request Current End Bal.
From: 3140-2450-001-470000-030 Capital Outlay Construction $5,500.01 $13,641.02 $13,641.02 $0
  3200-259700 Fund Balance   $8,562.73 $8,562.73 $0
  3200-1250-361100 Interest Income $2,500.00 $4,006.33 $4,006.33 $0
        $26,210.08    
To: 4100-9080-391000 Transfers In $3,001,852.00 $26,210.08 $0 $26,210.08

Issue: Projects have been completed. Funds have minimal remaining balances.

Solution: Transfer remaining funds to the Debt Service Fund to close capital project funds.

Result: CO Series 2013 Capital project funds will be closed.

Fiscal Impact

Budget Account Number:
n/a
Funding Source:
n/a
Balance:
0

Financial Impact:

n/z