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PROPOSED TRANSFER OF FUNDS
Department: Department of Budget and Management Services
Request: Transfer of Funds
Reason: CCH Department of Public Health has outstanding CRF funding. This will be reallocated by DBMS.
From Account(s): 11284.4895.20192.520830
To Account(s): 11284.1014.20192.580380
Total Amount of Transfer: $51,453.71
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?
N/A
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.
N/A
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.
N/A
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 outstanding balance was created by moving expenses to the FEMA grant.
Concurrence(s):
This funding represents unused CARES Act funding that was approved and transferred to CCH/DPH for an eligible purpose under the CARES Act. The approved activity resulted in less funding than was needed. Therefore, DBMS is now transferring the funding back to our CARES Act reserve account for other obligated uses. We, therefore, recommend approval of this transfer.
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