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PROPOSED TRANSFER OF FUNDS
Department: Clerk of the Circuit Court
Request: Transfer of Funds within Account 11100.1335
Reason: Funds are needed in the Clerk of the Circuit Court Accounts in order to make adequate funds available to:
(a) install video monitors on the 11th and 22nd Floors at Daley Center,
(b) pay for employee blazers, and
(c) pay for Labor Relations Consulting Services.
(d) pay for office supplies.
From Account(s):
(a) 11100-550010 (Rental of Office Equipment), $10,000.00; 11100-520260 (Postage), $5,346.00; 11100-520490 (Graphics & Reproduction Services), $8,000.00; 11100-540130 (Maintenance & Repair of Office Equipment), $2,250.00
(b) 11100-550010 (Rental of Office Equipment), $10,000.00; 11100-520260 (Postage), $5,000.00
(c) 11100-520260 (Postage), $80,000.00
(d) 11100-520260 (Postage), $83,000.00
To Account(s):
(a) 11100-520830 (Professional and Managerial Services), $25,596.00;
(b) 11100-530105 (Wearing Apparel), $15,000.00;
(c) 11100-521044 (Legal Fees), $80,000.00
(d) 11100-530605 (Office Supplies), $83,000.00
Total Amount of Transfer: $203,596.00
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?
(a) 7/3/2017; $10,005.00; $10,005.00
(b) 6/16/2017; $0.00; $0.00
(c) 3/31/2017; $41,500.00; $41,500.00
(d) 9/29/2017; $174.04; $355.03
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.
(a) Accounts 11100-550010, 11100-520260, 11100-520490, and 11100-540130 were identified for fund transfers due to unanticipated reduction in mainframe maintenance and technical support costs, a reduction in postage expenditure, a reduction in the printing of certified mailer envelopes, and a reduction in the...
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