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PROPOSED TRANSFER OF FUNDS
Department: Cook County Clerk
Request: Transfer of funds
Reason: To cover the negative balances from the Mandatory Medicare Cost to the operational accounts
From Account(s): 11306.1110.35165.520830. - $319,933.56
To Account(s): 11306.1110,10155.501511 - $84.29
11306.1110.11925.501511 - $27.33
11306.1110.35165.501511 - $319,821.94
Total Amount of Transfer: $319,933.56
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?
On 10/22/2026, it was noted that a fund transfer was necessary to resolve the negative balance in the Mandatory Medicare Cost.
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.
Previously, The Mandatory Medicare Cost were identified after reviewing the account balances and determining that a transfer was needed to address the negative balance
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.
Previously, the account was originally budgeted based on projected mandatory medical expenses for the fiscal year. Due to higher-than-anticipated costs, additional funding is needed to cover the shortfall and ensure sufficient resources are available to meet mandatory medical obligations.
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