File #: RES 18-0041    Version: 1
Type: Resolution Status: Passed
File created: 11/21/2018 In control: City Council
On agenda: 12/4/2018 Final action: 12/4/2018
Title: #18-41- Amending the 2018 Budget by Accepting Book Basket Auction Proceeds in the Amount of $2,642 to the Valdez Consortium Library and Authorizing its Expenditure
Attachments: 1. #18-41 Accepting Book Basket Funds

ITEM TITLE: 

#18-41- Amending the 2018 Budget by Accepting Book Basket Auction Proceeds in the Amount of $2,642 to the Valdez Consortium Library and Authorizing its Expenditure

 

SUBMITTED BY: Mollie Good, Head Librarian

 

FISCAL NOTES: 

Expenditure Required: N/A

Unencumbered Balance: N/A

Funding Source: N/A

 

RECOMMENDATION:

Approve Resolution #18-41 Amending the 2018 Budget by Accepting Book Basket Auction Proceeds in the Amount of $2,642 to the Valdez Consortium Library and Authorizing its Expenditure.

 

SUMMARY STATEMENT:

The 19th Annual Book Basket Auction was held on November 3, 2018. The Valdez Consortium Library Board sponsored event raised $8,642. This was $2,642

more than the estimated amount of $6,000 in the 2018 Budget.

 

Requesting the 2018 Budget be amended to accept the additional $2,642 in revenue (001-0000-34766) and increase the appropriation in Operating Supplies (001-6100-46120) by the same amount. The proceeds will be used for the purchase of new library materials.