Resolution - Budget Transfer for Completed Capital Projects

CITY OF DANIA BEACH

Agenda Request Item

Type of Request: Adopt Resolution

(Adopt Resolution, Adopt Ordinance (1st Reading) Adopt Ordinance (2nd Reading)

Award Bid /RFP, Presentation, Public Hearing)

Continued from:

Requested Action        (Identify appropriate Action or Motion)

Adopt Resolution

Description of Action

Finance reviews the status of City Capital Projects with Departments on a quarterly basis.  Capital Projects that have been completed and fully paid by the Departments are identified at that time, allowing Finance to close-out the project in the City financial records and transfer unused funding appropriations back to the original source provider. 

At this time, four projects have been identified that have been completed allowing the transfer of $75,841 unused funding to be returned from the Capital Projects Fund to the City General Fund.

Purchasing Requests ONLY
Dept:	Acct #:	Amt:
Fund:  (Select from: General, Water, Sewer, Stormwater, Grants, Capital)

Fiscal Impact/Cost Summary

Transfers unused Capital Project funds totaling $75,841 back to the City General Fund following Department completion of four projects.

Exhibits Attached

Memo, Resolution, Monthly Capital Projects schedule.