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PROPOSED TRANSFER OF FUNDS
Department: Budget and Management Services
Request: Approve transfer of $657,906.00 of ARPA funding between Connected Communities, Safe and Thriving Communities, Healthy Communities and Sustainable Communities Policy Pillars.
Reason: Request in transfer of funds between ARPA programs will permit strategic adjustments in community initiatives.
From Account(s): NT011 - Electric Vehicle Charging Stations (Connected Communities) in the amount of $562,500.00; NT885 - Behavioral Health Expansion (Safe and Thriving Communities) in the amount of $95,406.00.)
To Account(s): NT007 - BRITE Fund (Sustainable Communities) in the amount of $434,500.00; NT015 - Climate Resiliency Plan Development (Sustainable Communities) in the amount of $128,000.00; and TR011 - Cook County Behavioral Health Services (Healthy Communities) in the amount of $95,406.00.
Total Amount of Transfer: $657,906.00
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?
Not applicable
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.
This requested transfer would shift funds between various ARPA Initiatives at the request of the Department of Budget and Management Services and in coordination with Department of Environment & Sustainability and Cook County Health to address last minute adjustment meant to ensure full utilization of program funding.
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.
Not applicable
If the answer to the above qu...
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