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PROPOSED TRANSFER OF FUNDS
Department: Department of Budget and Management Services
Request: Approval of Budget Transfer
Reason: In order to expand the training opportunity to the DBMS staff
From Account(s): 11000.1014.11030.501010.00000.00000, $12,000.00
To Account(s):
11000.1014.10155.501805.00000.00000, $7,000.00
11000.1014.10155.501836.00000.00000, $5,000.00
Total Amount of Transfer: $12,000.00
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?
On 6/30/2025. Travel Account A501836 has $1,674.00, and Training Account A501805 has $2,564.00.
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.
The proposed account to transfer funds from is a payroll account. No other accounts were considered because DBMS does not have any discretionary non-personnel accounts other than training, travel and office supplies.
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. Payroll surplus was created due to unanticipated resignations in FY2025 Q2.
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.
Payroll surplus was created due to unanticipated resignations in FY2025 Q2.
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