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Farmingdale trustees approve budget transfers, cover EV station shortfall and Ryder Cup reimbursements

Board of Trustees, Incorporated Village of Farmingdale · July 20, 2026
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Summary

Trustees approved transfers including $59,360 into a reserve, a $1,345 transfer to the Capital Fund covering final EV charging station costs after a $50,000 grant, and a $150,031.98 increase to reimburse Ryder Cup expenses (RESOLVED #2027-07-12).

The Farmingdale Board of Trustees on July 20 approved a set of budget adjustments moving $59,360 from the Unrestricted Fund Balance into the Reserve for Special Use/Incentive Bonus and transferring $1,345 from the General Fund to the Capital Fund to represent final capital costs for electric vehicle charging stations after a $50,000 grant, according to RESOLVED (#2027-07-12). The board also approved a $150,031.98 budget increase for reimbursement of Ryder Cup–related expenditures as described in an attached staff memorandum.

Deputy Mayor William Barrett moved the resolution and Trustee Cheryl Parisi seconded. Administrator/Clerk/Treasurer Brian Harty and staff provided the accounting details; the motion was recorded as approved. The adjustments allocate prior-year receipts and apply grant offsets so capital projects and event-related reimbursements are reflected in the 2026 fiscal records.