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Board approves $46.50 transfer to cover Water District #2 bond interest shortage
Junius Town Board · September 1, 2024
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Summary
Bookkeeper Denise Darcangelis asked the board to move $46.50 between Water District #2 accounts to cover a shortfall in bond notes interest; the board approved the transfer by motion.
Bookkeeper Denise Darcangelis asked the board to transfer $46.50 from account SW2-8310.4 (Water Contractual) to SW2-9730.7 (Bond Notes Interest) because the bond notes interest was short that amount.
Councilman Randy Wadhams moved approval and Councilman James Patsos seconded. The motion passed with a recorded vote of Aye 3, Nay 0, Absent 2. The transfer is administrative and intended to correct the bond interest accounting shortfall.
