HomeMy WebLinkAbout20100405 - VI-23
MEMO
TO: Honorable Mayor and City Council members
FROM: Charlene Stark, Finance Director
RE: Budget Adjustment & Transfer
DATE: April 1, 2010
In January of this year Chief Mike McMenomy received approval to use grant funds of $14,050 to
purchase a new vehicle. Additional funds are needed to purchase the vehicle. The police
department requests to transfer $3,000 to the general fund from the Drug Forfeiture Special
Revenue Fund. The police department has $17,129 in the Drug Forfeiture Special Revenue
Fund. This fund is used to account for activities related to drug forfeiture activities. Revenues
that are forfeited are accounted for in this fund and are dedicated for expenses related to drug
related policing activities
Council Action Requested
Approve the budget adjustment and transfer.