SUBJECT:
Title
Marion County Utility Fund - Utilities Capital Construction - $4,809
Body
INITIATOR: DEPARTMENT:
Tony Cunningham, Director Utilities
DESCRIPTION/BACKGROUND:
Marion County entered into a purchase agreement on February 17, 2022, to purchase land for the Marion County Utilities department adjacent to the Oak Run Wastewater Treatment facility for possible expansion of this facility. This purchase agreement was amended with regard to Marion Center on July 6, 2022. Project string UTC000162 was set up for this purchase. As Finance was closing the year, it was noted that part of the purchase was charged to an incorrect Capital Improvement Program (CIP) project string. Based upon this, Finance reclassed this amount to the correct project string. This request is to transfer funds from the Utilities Acquisition project string (UTC000161) to cover the transferred funds so the project can be closed. This is a one-time request.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution and amend the CIP.
end