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PROPOSED TRANSFER OF FUNDS
Department: Chief Administrative Office
Request: Transfer of Funds
Reason: The Veterans Assistance Commission of Cook County (VACCC) is now a separate office due to recent legislative amendments to the Illinois Veterans Affairs Act via HB2369.
From Account(s): 11000.1011.10155.521313.00000.00000 Special or Co-Op Programs, $342,935.00
To Account(s):
11000.1452.10155.501140.00000.00000 Extra Employees, $274,566.00; 11000.1452.10155.501030.00000.00000 Turnover, -$95,042.00;
11000.1452.10155.501511.00000.00000 Medicare, $2,603.00;
11000.1452.10155.520490.00000.00000 Graphics and Reproduction Services, $500.00;
11000.1452.10155.501836.00000.00000 Travel, $250.00;
11000.1452.10155.520265.00000.00000 Postage, $470.00;
11000.1452.10155.570080.00000.00000 Other Expenses Not Classified, $2,367.00;
11000.1452.10155.530605.00000.00000 Office Supplies, $5,500.00;
11000.1452.10155.540130.00000.00000 Maintenance and Subscriptions, $1,000.00;
11000.1452.10155.521313.00000.00000 Special Co-Op Programs, $150,721.00.
Total Amount of Transfer: $342,935.00
On what date did it become apparent that the receiving account would require an infusion of funds in order to meet current obligations? What was the balance in the account on that date, and what was the balance 30 days prior to that date?
The receiving accounts are newly created to accommodate the creation of a new office for the VACCC.
How was the account used for the source of transferred funds identified? List any other accounts that were also considered (but not used) as the source of the transferred funds.
The County funded the VACCC as a program within the Chief Administrative Office for FY2023. The funds are being transferred from that account to the VACCC’s newly created accounts.
Identify any projects, purchases, programs, contracts, or other obligations that will be deferred, delayed, or canceled as a result of the reduction in available spending authority that will result in the account that funds are transferred from.
None
If the answer to the above question is “none” then please explain why this account was originally budgeted in a manner that caused an unobligated surplus to develop at this point in the fiscal year.
There is no budget surplus. The transfer is required to allow VACCC to continue to meet its obligations now that it is a separate office.
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