Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: FinanceĀ 
Resolution 20-185
ITEM 3.C.
Council Action: 8/10/2020
Description

Resolution authorizing transfers between funds under Iowa Code 545-2 for FY20
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 resolution.  A fund transfer resolution 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 FY20 actual interfund transfers to date.

Recommendation

Approve this resolution.
ATTACHMENTS:
DescriptionTypeUpload Date
Inter Fund Transfers_FY20_08102020Resolution7/31/2020
Resolution 20-185Resolution8/5/2020