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File #: 25-3395    Version: 1 Name: TRANSFER OF FUNDS
Type: Transfer of Funds Status: Approved
File created: 7/15/2025 In control: Board of Commissioners
On agenda: 7/24/2025 Final action: 7/24/2025
Title: PROPOSED TRANSFER OF FUNDS Department: Department of Budget and Management Services Request: Approval of Budget Transfer to fund the Ensono contract. Reason: Higher than anticipated contractual obligation. From Account(s): 11000.1490.11030.501170.00000.00000 $1,500,000; 11000.1490.11030.520830.00000.00000 $500,000 To Account(s): 11000.1490.15050.540135.00000.00000 $2,000,000 Total Amount of Transfer: $2,000,000 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? 7/8/2025. Account 540135 has an unencumbered balance of $7.06 million. However, the allocation for the Ensono contract is depleted. 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 ...
Indexes: KANAKO ISHIDA, Budget Director

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PROPOSED TRANSFER OF FUNDS

 

Department:  Department of Budget and Management Services 

 

Request:  Approval of Budget Transfer to fund the Ensono contract. 

 

Reason:  Higher than anticipated contractual obligation. 

 

From Account(s):  11000.1490.11030.501170.00000.00000 $1,500,000; 11000.1490.11030.520830.00000.00000 $500,000

 

To Account(s):  11000.1490.15050.540135.00000.00000 $2,000,000 

 

Total Amount of Transfer:  $2,000,000 

 

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?

 

7/8/2025. Account 540135 has an unencumbered balance of $7.06 million. However, the allocation for the Ensono contract is depleted.  

 

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 accounts used to transfer funds from were identified by reviewing the FY25 preliminary forecast. 

 

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.

 

$2,000,000 was budgeted in Fixed Charges to account for the county employees’ benefit adjustments and a pending contract. Due to the delay in the RFP and sufficient budget for the benefits within each department, the proposed transfer does not adversely affect the County’s operation.    

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