Albany City approves $180,000 intra-department transfer, recognizes $6.4 million in revenue

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 services. The funds were reallocated into seven operating lines, including $45,000 to special items fees and services, $30,000 to sewer maintenance legal expenses, $10,000 for equipment distribution, and multiple transmission/distribution accounts.

Valdez also said the city would recognize $6,400,000 in revenue and increase appropriations across three expense accounts: $6,000,000 to hospital/medical insurance, $2,000,000 to the police department, and $1,400,000 to special items contingency, to cover existing overages and remaining product expenses.

A motion to approve the $180,000 transfer was moved and seconded; Valdez identified Treasurer Mary Shandler as the mover and Advisory Director Gary Vande as the seconder. A voice vote of “Aye” was recorded with no opposition voiced on the recording. The meeting record shows the transfer and the appropriation adjustments were accepted and will be reflected in upcoming accounting entries.

City staff did not provide a roll-call vote tally on the record; the approval was recorded as a voice vote. The meeting proceeded to adjourn that portion and to convene the Contract & Supply session where procurement items were considered.

The next procedural step noted on the record was posting finalized agenda materials and bid results to the city website.