File #: 25-1929    Version: 1 Name: CCH FY25 April Transfer of Funds
Type: Transfer of Funds Status: Approved
File created: 3/18/2025 In control: Board of Commissioners
On agenda: 4/10/2025 Final action: 4/10/2025
Title: PROPOSED TRANSFER OF FUNDS Department: Cook County Health and Hospital Services Request: Request: FY25 CCH Transfer of Funds - April Reason: Various Budget Transfers From Account(s): Department Budget Account - Transfer Amount Justification Description 4899 - Special Purpose Approp 580380 - $7,911,000.00 Appropriation Appropr. Adjust holdback account (41245.4899.11030) 4893 - ACHN (Opioid Fund) 521024 - Medical $189,280.00 Correcting account from Medical Consultation Services Consultation to Registry to properly classify RN and Peer Recovery Support Specialist 4897 - Stroger Hospital (Opioid Fund) 521024 - Medical $131,162.00 Correcting account from Medical Consultation Services Consultation to Registry to properly classify RN and Peer Recovery Support Specialist To Account(s): Department Budget Account - Transfer Amount Area of Operations Justification Description 4897 - Stroger Hospital 530175 - $5,000,000.00 Plant Operations Institutional...
Indexes: ERIK MIKAITIS, M.D., Chief Executive Officer, Cook County Health and Hospitals Systems

title

PROPOSED TRANSFER OF FUNDS

 

Department:  Cook County Health and Hospital Services  

 

Request:  Request:  FY25 CCH Transfer of Funds - April 

 

Reason:  Various Budget Transfers  

 

From Account(s): 

Department                     Budget Account -                     Transfer Amount                      Justification

                     Description

4899 - Special

Purpose Approp                     580380 -                     $7,911,000.00                     Appropriation

                     Appropr. Adjust                     holdback account

                     (41245.4899.11030)

 

4893 - ACHN

(Opioid Fund)                     521024 - Medical                      $189,280.00                     Correcting account from Medical

                     Consultation Services                     Consultation to Registry to properly

                     classify RN and Peer Recovery

                     Support Specialist

 

4897 - Stroger Hospital

(Opioid Fund)                     521024 - Medical                      $131,162.00                     Correcting account from Medical

                     Consultation Services                     Consultation to Registry to properly

                     classify RN and Peer Recovery

                     Support Specialist

 

To Account(s): 

Department                     Budget Account -                     Transfer Amount                     Area of Operations                     Justification

                     Description

4897 - Stroger

Hospital                     530175 -                     $5,000,000.00                      Plant Operations

                     Institutional Supplies                      (41225.4897.17775)                     Additional building

                     maintenance driving an

                     increase in supply

                     expense

 

4893 - ACHN                     540022 -                     $11,000.00.00                     Bronzeville Health Center

                     Utilities Electricity                     (41215.4893.18956)                      DBMS requested transfer

                     to add additional funds to

                     Bronzeville Clinic

                     Utilities Budget per

                     Facilities' calculation

 

4897 - Stroger                     540140 -                     $2,900,000.00                     Stroger Finance                      

Hospital                      Repair Medical                      (41225.4897.13945)                       Radiology Equipment is

                     Bond Funded and using

                     Equipment Operating

                     Funds for construction

                     and installation

                     

4893 - ACHN                     521120 -                     $189,280.00                     Opioid Fund                     Correcting

(Opioid Fund)                     Registry Services                      (11290.4893.18006)                     account from Medical

                     Consultation to Registry to

                     properly classify RN and

                     Peer Recovery Support

                     Specialist

 

4897 - Stroger                     521120 -                     $131,162.00                     Opioid Fund

Hospital                      Registry Services                     (11290.4893.18006)                     Correcting

(Opioid Fund)                     account from Medical

                     Consultation to Registry to

                     properly classify RN and

                     Peer Recovery Support

                     Specialist

 

Total Amount of Transfer:  $8,231,442.00

 

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?

 

See the tables above for justification of transfers

 

 

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.

 

CCH Budget to Actual & Oracle Fund Balance reports 

 

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.

 

Appropriation holdback contains 3% reductions for some CCH funds, and accessing the holdback for this transfer      

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