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PROPOSED TRANSFER OF FUNDS
Department: Clerk of the Circuit Court
Request: Transfer of Funds
Reason: The transfer of funds is needed in order to provide additional encumbrance for professional services of three I.T. programmers for Mainframe and .Net programming to assist with electronic filing, imaging operations and the implementation of the Standard File Room Operating Procedures (SFROP) Project.
From Account(s): 335-240, $40,759.00
To Account(s): 335-260, $40,759.00
Total Amount of Transfer: $40,759.00
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?
5/15/2015, $0.00, $2,300.00
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.
Account 335-240, Printing and Publishing, was identified as the source of the transfer of funds to provide additional encumbrance for professional services of three I.T. programmers. This is because the purchase of Personal Issue Traffic tickets for the City of Chicago and Suburban Traffic Tickets in 2014 with FY 2014 funds, while awaiting the bid and award of a new traffic ticket contract, reduced the need for a larger order of tickets in 2015. The new contract was awarded and a purchase order was received on 4/8/2015. The order is currently in process and, therefore, additional tickets will not be needed until FY 2016, hence the availability of funds for the transfer.
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.
As a result of supplemental tickets ordered in 2014 with FY 2014 funds, we anticipate an additional FY 2015 order for traffic tickets will be less than previously anticipated, hence the availability of funds in Account 335-240 for the transfer.
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