Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by:  
Resolution 25-90
ITEM 3.B.
Council Action: 4/7/2025
Description

Resolution authorizing transfer between funds under Iowa Code 545-2 for FY25
Background/Discussion

Effective April 17, 2019 the Administrative Code for the State of Iowa was changed as it relates to interfund transfers.  The Code now requires all interfund transfers must be approved by Council.  A fund transfer log must be completed for all transfers between funds and must include the purpose for the transfer, the name of the fund from which the transfer is originating, the name of the fund into which the transfer is to be received and the dollar amount of the transfer.

 

This resolution is brought forward for approval of the FY25 actual interfund transfer to date.

Recommendation

Approve the resolution
ATTACHMENTS:
DescriptionTypeUpload Date
Fund transfers FY25 YTD ActualsOther3/28/2025
Resolution 25-90Resolution4/2/2025