Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: FinanceĀ 
Resolution 21-261
ITEM 3.F.
Council Action: 9/13/2021
Description

Resolution authorizing transfers between funds under Iowa Code 545-2 for FY21 and FY22
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 and FY22 actual interfund transfers to date.

Recommendation

Approve the Resolution
ATTACHMENTS:
DescriptionTypeUpload Date
Fund transfers FY21 YTD ActualsOther9/3/2021
Fund transfers FY22 YTD ActualsOther9/3/2021
Resolution 21-261Resolution9/8/2021