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HomeMy WebLinkAboutAGENDA REPORT 1995 0419 CC REG ITEM 08KCity of Moorpark Agenda Report ITEM r.�L 3 0 $f. 4( / 3) MOORPARK, C ALIFO R,,Oty Council Meeting TO: FROM: DATE: Honorable City Council Richard Hare, Deputy City April 7, 1995 (CC Mtg. 4/19/95) 0, +19 199b � SUBJECT: Consider Transfer of Funds from Equipment Replacement (Fund 31) to the General Fund (Fund 01) to Administrative ServicesSpecial Equipment (Line Item 906) for the Replacement of anAir Conditioner Administrative Services is requesting the following amendment: F1md Dept. Item Ot'Scription Current Y-T-D Y-T-E Surplus Increase Amended Budget Budget (Deficit) {Decrelllle) 31 117 906 Equipment 25,050 18,725 19,290 5,800 (565)24,487 Rep la.cement 01 117 906 Specialized 0 0 565 (565)565 565 Equipment Department Justification The original 24,000 BTU wall-mounted air conditioning unit was purchased in 1988, and depreciated over a five year period (expected life) . Without the special unit, the high volume copier, central computer system and phone system operate at a high temperature in excess of 80 degrees endangering their ability to function properly. Because of this "urgency", staff proceeded to purchase the new equipment and is reporting now for a budget amendment. City Council action is required to transfer funds form the revenue account to the appropriate expenditure line item. Reconmendation (Roll Call Vote Required) Staff recommends approval of the transfers from Replacement fund (31) to the General Fund's (01) Services budget (117) for Specialized Equipment (906). the Equipment Administrative h: \FY951\MN0.DUD 0007().