ITEM TITLE:
#20-07 - Amending the 2020 Budget by Transferring $44,105 from Reserve/Council Contingency to General Fund/Parks and Recreation Department for the Parks and Recreation Internship and Valdez Eco-Stewardship Programs
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: $44,105
Unencumbered Balance: $93,500
Funding Source: Council Contingency Reserve, 350.0202.55000
RECOMMENDATION:
Approve
SUMMARY STATEMENT:
• This resolution funds the Internship and VESP programs, details of which appear as a separate item on the January 21, 2020 Council Agenda
o A complete breakout of program costs is attached to that agenda item
• Staff proposes funding from Council Contingency Reserve, which will be replenished in the late spring when a projects and carry-forward budget resolution is presented to Council
• The dual-credit college costs ($5,952) are already appropriated in the adopted 2020 Budget, in the CSO category