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Res No 052-14-14146RESOLUTION NO. 52-14-14146 A Resolution relating to budget; authorizing a transfer not to exceed $8,000 from Finance Auditor's Fee account to Finance Professional Services account. WHEREAS, it is requested that the budget for Finance Professional Services be increased by $8,000 from account No. 001.1410.513.3210; and, WHEREAS, it is essential to provide sufficient funds for the Finance Professional Services account to help fund the Actuarial Projection Study for the American Federation of State, County and Municipal Employees (AFSCME) negotiations; and, WHEREAS, the Mayor and City Commission desire to transfer sufficient funds from account No. 001.1410.513.3210 Finance Auditor's Fee, with a current balance of $19,500 settlements to account No. 001.1410.513.3100, Finance Professional Services, with a current balance of $4,000. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT; Section I. The City Manager and the City's administrative staff are hereby authorized to transfer sufficient funds not to exceed $8,000 from account No. 001.1410.513.3210, Finance Auditor's Fee, with a current balance of $19,500, settlements to account No. 001.1410.513.3100, Finance Professional Services, with a current balance of $4,000. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this1 st day of April ,2014. ATTEST: APPROVED: COMMISSION VOTE: 5-0 Mayor Stoddard: Yea Vice Mayor Harris: Yea Commissioner Welsh: Yea Commissioner Liebman: Yea Commissioner Edmond: Yea To: FROM: DATE: SUbject: Background: CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM The Honorable Mayor & Members of the City Commission Steven Alexander, City Manager South Miami bO:d rW'p 2001 March 17,2014 Agenda Item No.: A Resolution relating to budget; authorizing a transfer not to exceed $8,000 from Finance Auditor's Fee account to Finance Professional Services account. It is essential to provide sufficient funds for the Finance Professional Services account to help fund the Actuarial Projection Study for the American Federation of State, County and Municipal Employees (AFSCME) negotiations. Transfer Amount: $8,000. Transfer From: Transfer To: 001.1410.513.3210, Finance Auditor's Fee, with a current balance of $19,500. 001.1410.513.3 100, Finance Professional Services, with a current balance $4,000.