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Council approves supplemental budget to record shuttle purchase for senior center
Summary
Council adopted Resolution 2003 to record loan proceeds and appropriate funds for a newly purchased senior center shuttle; council approved transfers and a supplemental budget and recorded a 6-0 roll-call vote.
Monmouth City Council on Jan. 21 adopted Resolution 2003, approving transfers and a supplemental budget to account for a recently purchased senior center shuttle.
City Finance Director Susie Marston told the council the city financed the shuttle purchase after the current budget was prepared; the city recorded loan proceeds of $119,490 and appropriated them to the equipment purchase line to reflect the transaction. "We essentially received cash to purchase the shuttle. So we need to do a…
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