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Albany City approves $180,000 intra-department transfer, recognizes $6.4 million in revenue
Summary
Albany City approved a $180,000 internal transfer to cover operating overages and recognized $6.4 million in revenue to increase appropriations for medical insurance, police, and contingency accounts; the transfer passed by voice vote during the Dec. 2 meeting.
Albany City officials approved an internal transfer of $180,000 and recognized $6.4 million in new revenue during a Dec. 2 meeting called to address operating shortfalls.
Sean Valdez opened the session and described the $180,000 transfer as drawn from four jail-related lines: $70,000 from a special items contingency account, $7,000 from source-of-supply power and contracted services, and $33,000 from common station transaction…
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