File #: 21-5828    Version: 1 Name: Transfer of Funds
Type: Transfer of Funds Status: Approved
File created: 10/12/2021 In control: Board of Commissioners
On agenda: 11/4/2021 Final action: 11/4/2021
Title: PROPOSED TRANSFER OF FUNDS Department: Cook County Sheriff's Office Request: Fund Transfer Reason: The Sheriff's Office will be using the surplus in the Department of Corrections food services account to pay for fiscal year 2021 items which were delayed due to the uncertainty of funding and prepay fiscal year 2022 liabilities. From Account(s): 11100.1239.16875.520210 (Food Services) To Account(s): 11100.1239.16875.501201 (Differential Dollars) - $1,750,000.00 11100.1217.15050.540135 (Maintenance/Subscription Services - $1,250,000.00 11100.1214.20340.501805 (Training Program) - $300,000.00 11100.1239.16875.530175 (Institutional Supplies) - $250,000.00 11100.1214.15530.521054 (Legal Services) - $200,000.00 11100.1214.20340.530188 (Institutional Supply Expense) - $150,000.00 11100.1231.13355.580033 (Reimbursement to Designated Fund) - $150,000.00 11100.1231.13355.530188 (Institutional Supply Expense) - $100,000.00 11100.1231.11975.530188 (Institutional Supply Expense)- $100...
Indexes: THOMAS J. DART, Sheriff of Cook County
title
PROPOSED TRANSFER OF FUNDS

Department: Cook County Sheriff's Office

Request: Fund Transfer

Reason: The Sheriff's Office will be using the surplus in the Department of Corrections food services account to pay for fiscal year 2021 items which were delayed due to the uncertainty of funding and prepay fiscal year 2022 liabilities.

From Account(s): 11100.1239.16875.520210 (Food Services)

To Account(s):
11100.1239.16875.501201 (Differential Dollars) - $1,750,000.00
11100.1217.15050.540135 (Maintenance/Subscription Services - $1,250,000.00
11100.1214.20340.501805 (Training Program) - $300,000.00
11100.1239.16875.530175 (Institutional Supplies) - $250,000.00
11100.1214.15530.521054 (Legal Services) - $200,000.00
11100.1214.20340.530188 (Institutional Supply Expense) - $150,000.00
11100.1231.13355.580033 (Reimbursement to Designated Fund) - $150,000.00
11100.1231.13355.530188 (Institutional Supply Expense) - $100,000.00
11100.1231.11975.530188 (Institutional Supply Expense)- $100,000.00

Total Amount of Transfer: $4,250,000.00

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?

11100.1239.16875.501201 - 9/30/2021 - $479,603.39, 8/31/2021 - $570,283.60
11100.1217.15050.540135 - 9/30/2021 - $517,278.99, 8/31/2021 - $1,012,644.26
11100.1214.20340.501805 - 9/30/2021 - $29,677.95, 8/31/2021 - $96,352.51
11100.1239.16875.530175 - 9/30/2021 - $157,126.86, 8/31/2021 - $554,108.75
11100.1214.15530.521054 - 9/30/2021 - $181,490.41, 8/31/2021 - $181,534.41
11100.1214.20340.530188 - 9/30/2021 - $1,046.55, 8/31/2021 - $1,046.55
11100.1231.13355.580033 - 9/30/2021 - $0.00, 8/31/2021 - $0.00
11100.1231.13355.530188 - 9/30/2021 - $6,756.16, 8/31/2021 - $10,320.86
11100.1231.11975.530188 - 9/30/2021 - $0.00, 8/31/2021 - $0.00

How was the account used for the source of tr...

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