371.2020 Transfer of Funds Highway Garage Capital Poject Fund #208
RESOLUTION AUTHORIZING TRANSFER OF FUNDS AND
ESTABLISHING REVENUES AND INCREASING APPROPRIATIONS IN
HIGHWAY GARAGE CAPITAL PROJECT FUND #208
RESOLUTION NO.: 371, 2020
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. George Ferone
WHEREAS, by Resolution No.: 2016, the Queensbury Town Board authorized
establishment of Highway Garage Capital Project Fund #208 which Fund established funding for
expenses associated with the construction of a new Town Highway Garage (Project), and
WHEREAS, the Town Board budgeted $500,000 in the 2020 Town Budget in General
Fund Account No.: 001-9950-9030 to fund expenses for the Project, and
WHEREAS, the Town Board wishes to transfer such funds to Capital Project Fund #208,
establish revenues in account 208-0000-55031 and increase appropriations in account 208-1620-
2899 in the amount of $500,000,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to take all action necessary to amend the Town Budget by transferring $500,000
from General Fund Account No.: 001-9950-9030 to Highway Garage Capital Project Fund #208,
establishing revenues in account 208-0000-55031 in the amount of $500,000 and increasing
appropriations in account 208-1620-2899 in the amount of $500,000, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor and/or
Town Budget Officer take any and all action necessary to effectuate all terms of this Resolution.
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Duly adopted this 16 day of November, 2020, by the following vote:
AYES: Mr. Freer, Mr. Ferone, Mr. Strough, Mr. Metivier
NOES: None
ABSENT: Mrs. Magee
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