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File #: 25-3453    Version: 1 Name: Transfer of Funds
Type: Transfer of Funds Status: Approved
File created: 7/18/2025 In control: Board of Commissioners
On agenda: 7/24/2025 Final action: 7/24/2025
Title: PROPOSED TRANSFER OF FUNDS Department: Cook County Board of Commissioners- District 5 Request: Direct Approval Reason: To supplement funding for Professional services and Travel/Transportation From Account(s): 11000.1085.13920.501010, Salaries and Wages of Regular Employees $80,000.00 To Account(s): 11000.1085.13920.520830, Professional Services $60,000.00; 11000.1085.13920.501836 Transportation and Travel, $20,000.00 Total Amount of Transfer: $80,000.00 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? 4/30/2025: Balance of 501835 Transportation was $4,826.09 and 520825 Professional Services was $4,794.58 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 transfer...
Indexes: DR. KISHA E. McCASKILL, County Commissioner

title

PROPOSED TRANSFER OF FUNDS

 

Department:  Cook County Board of Commissioners- District 5 

 

Request:  Direct Approval 

 

Reason:  To supplement funding for Professional services and Travel/Transportation 

 

From Account(s):  11000.1085.13920.501010, Salaries and Wages of Regular Employees $80,000.00

 

To Account(s):  11000.1085.13920.520830, Professional Services $60,000.00; 11000.1085.13920.501836 Transportation and Travel, $20,000.00

 

Total Amount of Transfer:  $80,000.00 

 

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?

 

4/30/2025:  Balance of 501835 Transportation was $4,826.09 and 520825 Professional Services was $4,794.58  

 

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.

 

Staff turnover created a surplus 

 

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.

 

Staff turnover during FY25 and delayed timeline for filling created a surplus 

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