File #: 24-1054    Version: 1 Name: Transfer of Funds
Type: Transfer of Funds Status: Approved
File created: 1/16/2024 In control: Board of Commissioners
On agenda: 1/25/2024 Final action: 1/25/2024
Title: PROPOSED TRANSFER OF FUNDS Department: BOF, Office of the Comptroller Request: Transfer of Funds Reason: Professional Services Procurement of Temporary Consulting Services Contract Funding From Account(s): 11000.1020.10155.501010.00000.00000, Salaries and Wages, $377,731.48) To Account(s): 11000.1020.10155.520830.00000.00000 Total Amount of Transfer: $377,731.48 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? The Comptroller has a contract in place with Kelly Services for Temporary Consulting Services through August 2024. Because FY2023 funding does not automatically transfer to the current fiscal year, we are requesting to utilize FY24-salvaged Salaries and Wage funding for positions that remain unfilled. How was the account used for the source of transferred funds identi...
Indexes: (Inactive) SYRIL THOMAS, Acting County Comptroller
title
PROPOSED TRANSFER OF FUNDS

Department: BOF, Office of the Comptroller

Request: Transfer of Funds

Reason: Professional Services Procurement of Temporary Consulting Services Contract Funding

From Account(s): 11000.1020.10155.501010.00000.00000, Salaries and Wages, $377,731.48)

To Account(s): 11000.1020.10155.520830.00000.00000

Total Amount of Transfer: $377,731.48

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?

The Comptroller has a contract in place with Kelly Services for Temporary Consulting Services through August 2024. Because FY2023 funding does not automatically transfer to the current fiscal year, we are requesting to utilize FY24-salvaged Salaries and Wage funding for positions that remain unfilled.

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.

Funding was available due to unfilled positions at this point of the fiscal year 2024

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.

The positions for which we are procuring Temporary Consulting Services are vital to the functions of the Comptroller's office in the areas of Payroll Garnishment, Accounts Payable, General Ledger, and Financial Reporting.

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 intention is to fill positions; however, the hiring process is not all at once and varies in length of time.
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