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PROPOSED TRANSFER OF FUNDS
Department: Transportation and Highways
Request: Approval of Transfer of Funds
Reason: Sizeable increases in costs related to the tools, parts and repairs needed to maintain the Department’s heavy equipment fleet for use in our routine operations. These additional funds will support the Maintenance Bureau’s construction functions which includes, but is not limited to additional milling and paving equipment as well as specialized service repair needs for DOTH assets for various structures, curb/gutter, and larger pavement repairs.
From Account(s): 11856.1500.15675.501010, Salary and Wages ($350,000.00)
To Account(s): 11856.1500.15675.540250, Automotive Operations and Maintenance, ($350,000.00)
Total Amount of Transfer: $350,000.00
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?
Account balances in Q3 identified a deficiency in funding. Funds allocated for FY2024 covered expenses through that time.
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.
There is currently a surplus in this account due to unfilled vacancies. Other operating accounts do not have sufficient surplus to match need.
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.
Funding availability generated from funded, vacant positions awaiting hire.
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