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PROPOSED TRANSFER OF FUNDS
Department: Cook County’s State’s Attorney’s Office
Request: Transfer of Funds
Reason: Funds needed for the unanticipated purchase of laptops this fiscal year.
From Account(s): 11100.1250.35050.501010 (Salary/ Wages of Regular Employees)
To Account(s): 11100.1250.21120.560225(Computer & Data Processing Supplies)
Total Amount of Transfer: $340,000.00
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?
It became apparent in June that funds would be needed to procure laptops before the end of the current fiscal year. There is no existing balance in the receiving account. This transfer, if approved, would establish the account and funding needed.
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 salary and wages of regular employees account was identified as having a sufficient balance for the transfer. No other accounts were considered.
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.
The office has experienced attrition and delayed hiring, thus creating an unanticipated surplus of funds in the salary and wages of regular employees’ account.
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