Salt Lake County header
File #: 23-0353    Version: 1 Name:
Type: Discussion Items Status: Passed
File created: 3/22/2023 In control: Council Work Session
On agenda: 3/28/2023 Final action: 3/28/2023
Title: Budget Adjustment: The Library requests to transfer $427,687 from 2019 Library MBA Bond Capital Project Fund to reimburse prior-year bond eligible expenses for the Daybreak building that were coded to the Library's operating budget.
Attachments: 1. Staff Report, 2. 27554 - MBA Bond Proj Fund reimburse Library Fund, 3. 27554_Reconciliation Tranche 1

Requested Agenda Date:

3/28/2023

 

Requested Agenda Title:

Title

Budget Adjustment: The Library requests to transfer $427,687 from 2019 Library MBA Bond Capital Project Fund to reimburse prior-year bond eligible expenses for the Daybreak building that were coded to the Library's operating budget.

Body

 

Requested Agenda Item Description: This adjustment reimburses the Library fund for bond eligible, prior-year expenses for the Daybreak building, coded to the Library's operating budget. The request is a March 2023 fund balance transfer of $427,687 from Fund 485 - 2019 Library MBA Bond Capital Project Fund to Library Fund 360, and a reduction to the Fund 485 expenditure appropriation for the same amount.

 

Requested Action: Discussion - Vote Needed

 

Presenter(s) (with titles): Hoa Nguyen, Council Budget and Policy Analyst 

 

Time Needed: Less than 5 MINS

 

Is this Item Time-Sensitive and/or Requesting a Time-Certain? No

 

Requesting Staff Member: Jim Cooper, Library Director

 

Are Supporting Documents Needed for this Agenda Item Request? Yes