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HomeMy WebLinkAboutAGENDA REPORT 1987 0415 CC REG ITEM 11K r / ITEM �� MOORPARK _ THOMAS C. FERGUSON STEVEN KUENY Mayor City Manager CLINT HARPER, Ph.D. CHERYL J.KANE Mayor Pro Tern o'� °9 City Attorney ELOISE BROWN f PATRICK RICHARDS,A.I.C.P. Councilmember Director of JOHN GALLOWAY i O .>ORPARK, CALIFO&FAnunity Development Councilmember o City Council lA�efiing R. DENNIS DELZEIT BERNARDO PEREZ °•° �- City Engineer Councilmember +•'•� J� of _ 9$ N V.GILLESPIE MAUREEN W. WALL hief of Police City Clerk ACTION:-d (A�Ip AHOMAS P. GENOVESE City Treasurer M E M O R A N D U M G By TO: The Honorable City Council FROM: Thomas P. Genovese, Director of Administrative Services, DATE: April 9, 1987 SUBJECT: TRANSFER OF FUNDS FOR PURCHASE OF MAINTENANCE EQUIPMENT DISCUSSION: In February 1987, the City of Moorpark purchased a new weedeater and chainsaw. It was originally interpreted that the funding for these pieces of equipment would come from account 03-142-551 which is equipment maintenance and supplies . As you are aware, this account is a maintenance and operations account and is not appropriate for capital expenditures. Because the funding mechanism was previously misinterpreted, it will be necessary to transfer $613 . 81 from account 03-142-529 to account 03-142-606 (Specialized Equipment) to enter this transaction in the proper manner. This transfer will not effect the total expenditures for this account (142 Public Works Streets) to exceed its total budgeted expenditures. This transfer does however, require City Council approval because the current transfer policy does not allow transfer by the City Manager between budget catagories (i.e. Personnel Costs; Maintenance and Operations; and Capital Outlay) . RECOMMENDATION Authorize transfer from account 03-142-529 to account 03-142-606 for the purchase of specialized equipment in the amount of $614. 00 799 Moorpark Avenue Moorpark, California 93021 (805) 529-6864