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PROPOSED TRANSFER OF FUNDS
Department: Facilities Management
Request: Transfer of Funds
Reason: To supplement funding for property maintenance
From Account(s): 11100.1200.12355.530188, $150,000.00; 11100.1200.12355.520390, $100,000.00; 11100.1200.12355.501211, $100,000.00
To Account(s): 11100.1200.12355.540350, $350,000.00
Total Amount of Transfer: $350,000.00
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?
5/15/25 540350 -Balance $382,502.91, 4/15/25 540350 - Balance $515,759.71
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.
Sufficient funds remain in the following accounts at the moment (530188, 520390, and 501211)
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.
Non-critical Institutional supply purchases will be reduced and some non-critical landscaping services like tree planting may be deferred.
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.
N/A
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