header-left
File #: 2018-0243    Version: Name: Budget Adjustments 1st Quarter 2018 - Approval
Type: MOTION Status: PASSED
File created: 3/27/2018 In control: Board of Trustees
On agenda: 4/16/2018 Final action: 4/16/2018
Title: Budget Adjustments 1st Quarter 2018 - Approval
Attachments: 1. Budget Amendments

Title

Budget Adjustments 1st Quarter 2018 - Approval

 

History

A detailed spreadsheet (by fund) of budget adjustments is attached showing a transfer of $8,700 budgeted for Metra grounds maintenance to the Commuter Parking Fund from the Capital Improvement Fund, and an increase in expenditures in the General Fund of $2,200. The increase in expenditures is related to funding for the Chicago Metropolitan Agency for Planning (CMAP) contribution.

 

On April 2, 2018, this item was reviewed by the Finance Committee, recommended for approval and referred to the Board of Trustees for consideration.

 

Financial Impact

The attached spreadsheet identifies the budget impact.

 

Recommended Action/Motion

 

I move to approve increasing the FY2018 expenditure budget by $2,200.