Title
Consideration of and action on an ordinance to amend the FY 2017-2018 Budget for the Library for Small Tools & Minor Equipment.
Body
Summary:
The FY 2017-2018 Library budget includes a total of $1,720 for Small Tools & Minor Equipment. This amount should be $11,360, including the base budget amount of $10,500 and the $860 PSLO request for the projector and screen. Inadvertently, the $860 amount was included in the budget worksheet as both the base budget and the PSLO for a total $1,720 instead of $11,360. An amendment in the amount of $9,640 to correct this error is proposed for the Fiscal Year 2017-2018 Library budget and would be funded by the unassigned fund balance of the General Fund.
Fiscal/Budgetary Impact:
Add $9,640 to the FY 2017-2018 Library budget for Account No. 10-420-4308, Small Tools & Minor Equipment, to be funded by the unassigned fund balance of the General Fund, which is available for this purpose.
Recommended action:
Approve the ordinance to amend the FY 2017-2018 Budget for the Library for Small Tools & Minor Equipment.