Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: Finance Department / Kathy KnottĀ 
Resolution 21-29
ITEM 3.D.
Council Action: 2/8/2021
Description

Resolution authorizing transfers between funds under Iowa Code 545-2 for FY21.
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 FY21 actual interfund transfer to date. 

Recommendation

Approve the transfer of funds from Special Revenue, Capital Projects and General Funds.
ATTACHMENTS:
DescriptionTypeUpload Date
Fund Transfer FY21Other2/3/2021
Resolution 21-29Resolution2/3/2021