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R3019RESOLUTION NO. 3019 A RESOLUTION, transferring unencumbered appropriated balances totaling Two Million Four Hundred Forty-eight Thousand Three Hundred Twenty Dollars ($2,448,320) from the Districtwide Stormwater Fund to the Stormwater Operations & Maintenance Fund; and transferring unencumbered appropriated balances and unencumbered fund balances totaling One Million Two Hundred Twenty-two Thousand Dollars ($1,222,000) from the Wastewater Revenue Bond Service Fund # 2804 to the Wastewater Revenue Bond Service Fund # 2810. The following amounts are available for a transfer of funds: Department Fund Major Account Code Amount Reason Engineering Stormwater O&M 5110 59201 SW - Labor 1,748,800 1. Proportionally allocate Engineering Labor expense between the two districtwide OMCI funds. Engineering Stormwater O&M 5110 59204 SW - Overhead 699,520 2. Proportionally allocate Engineering Overhead expense between the two districtwide OMCI funds. Interest Expense 2804 58020 - Interest Payments 1,222,000 3. Re-allocate interest expense and transfer of fund balance $3,670,320 The following amounts are additional funds needed: Department Fund Major Account Code Amount Reason Engineering Stormwater O&M 5130 59201 SW - Labor 1,748,800 See #1 above. Engineering Stormwater O&M 5130 59204 SW - Overhead 699,520 See #2 above. Interest Expense 2810 58020 - Interest Payments 1,222,000 See #3 above. $3,670,320Total Funds Needed Metropolitan St. Louis Sewer District FY2012 Budget Transfer Total Available for Funds Transfer BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT that: Section One: That the total sum of Three Million Six Hundred Seventy Thousand Three Hundred Twenty Dollars ($3,670,320.00) of appropriations is hereby transferred between funds, and Section Two: That the sum of One Million Two Hundred Twenty-two Thousand Dollars ($1,222,000.00) of fund balance is hereby transferred from the Wastewater Revenue Bond Service Fund # 2804 to the Wastewater Revenue Bond Service Fund # 2810. The foregoing Resolution was adopted April 12, 2012 by the following vote – Ayes – E. Ross, D. Visintainer, J. Goffstein, R. Berry, J. Buford, and M. Yates. Nays – None. Secretary-Treasurer