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Res No 038-12-13595RESOLUTION NO. 38 -12 -13595 A Resolution relating to budget; authorizing a transfer of $18,000 from account No. 001.1410.513.1210, Finance Regular Salaries, settlements to account No. 001.1410.513.3450, Finance Contractual Services. WHEREAS, it is requested that the budget for Finance Contractual Services be increased by $18,000 from account No. 001.1410.513.1210; and WHEREAS, it is essential to provide sufficient funds for Finance Contractual Service account as the City is working to acquire the services of Paychex, Inc. to reduce costs and increase efficiency in payroll processing; and WHEREAS, the Mayor and City Commission desire to transfer sufficient funds from account No. 001.1410.513.1210, Finance Regular Salaries, with a current balance of $185,306.19, settlements to account No. 001.1410.513.3450, Finance Contractual Services, with a current balance of $4,325.70. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT; Section I. The Mayor and City Commission desire to transfer sufficient funds from account No. 001.1410.513.1210, Finance Regular Salaries, with a current balance of $185,306.19, settlements to account No. 001.1410.513.3450, Finance Contractual Services, with a current balance of $4,325.70. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 21 day of February , 2012. ATTEST: 1 d,� - c�, o�� CITY CLERK APPROVED: READ AN OVED AS TO RM, COMMISSION VOTE: 5 -0 LA , LEGALITY E , I N THEREOF Mayor Stoddard: Yea Vice Mayor Liebman: Yea Commissioner Newman: Yea Commissioner Harris: Yea CITY 6RNEf Commissioner Welsh: Yea Page 1 of 1 Additions shown by underlining and deletions shown by ever-strikin . CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER - OFFICE MEMORANDUM South Miami au- Amer�c� City 2001 To: The Honorable Mayor & Members of the City Commission THROUGH: Hector Mirabile, PhD, City Manager' FROM: Alfredo Riverol, CPA, CrFA, Chief Financial Officer on DATE: February 13, 2012 Agenda Item No.: SUBJECT: A Resolution relating to budget; authorizing a transfer of $18,000 from account No. 001.1410.513.1210, Finance Regular Salaries, settlements to account No. 001.1410.513.3450, Finance Contractual Services. BACKGROUND: It is requested that the budget for Finance Contractual Services be increased by $18,000 from account No. 001.1410.513.1210. It is essential to provide sufficient funds for Finance Contractual Service account as the City is working to acquire the services of Paychex, Inc. to reduce costs and increase efficiency in payroll processing. TRANSFER $18,000 AMOUNT: TRANSFER FROM: Account No. 00 1. 1410.5 13.12 10, Finance Regular Salaries, with a current balance of $185,306.19. TRANSFER TO: Account No. 001.1410.513.3450, Finance Contractual Services, with a current balance of $4,325.70.