E. Interfund transfers

City Council Meeting · 2026-04-28 · agenda_item

This agenda item concerns planned operating transfers between city funds. Specifically, it details transfers from the Community Redevelopment Fund, Water and Sewer System Fund, and nonmajor governmental funds into the General Fund. These transfers are intended to cover costs for IT, fleet, and facilities support, as well as reimbursement for services, payments in lieu of taxes, and franchise fees. The Sanitation Fund also had a transfer to the General Fund to close out that fund. This item is currently under review by the City Council. The scope of work involves financial accounting and administrative processes related to these fund movements. While no direct construction or physical work is described, these financial actions support ongoing city operations and potential future projects. Local businesses involved in financial services, IT support, fleet management, and facility maintenance may find opportunities as these transfers enable city departments to fund necessary services and operations.

General Fund transfer in

1,614,324 $

General Fund transfer out

5 $

General Fund net transfer

1,614,319 $

CRA fund transfer out

61,000 $

Nonmajor governmental funds transfer in

485,842 $

Nonmajor governmental funds transfer out

627,842 $

Nonmajor governmental funds net transfer

142,000 $

Water and Sewer System Fund transfer out

1,153,850 $

Sanitation Fund transfer out

257,469 $

Total transfer in

2,100,166 $

Total transfer out

2,100,166 $