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Trustees approve $5,000 transfer to checking after circulation desk project
Summary
The board voted unanimously to transfer $5,000 from savings to checking to cover the lower checking account balance following completion of the circulation desk project.
After the circulation desk project completed, Director Heidi Kaiven reported the library checking account had fallen below the required minimum balance. Robert Torres moved and Kevin Noone seconded a $5,000 transfer from savings to checking to restore the account balance; the motion passed on a roll-call vote with four yes votes.
Trustees recorded no nays or abstentions on the transfer. The minutes note the funds were available in the library checking account due to carryover of unexpended funds from prior-year appropriations but that a formal transfer was necessary to maintain minimum balances.
