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File #: 25-3562    Version: 1 Name: TRANSFER OF FUNDS
Type: Transfer of Funds Status: Agenda Ready
File created: 8/12/2025 In control: Board of Commissioners
On agenda: 9/18/2025 Final action:
Title: PROPOSED TRANSFER OF FUNDS Department: Chicago Board of Election Commissioners Finance Office Request: Transfer of Expenses Reason: The Board of Election Commissioners is requesting that the Budget office move the funding listed below FROM account 520835 - Professional Services TO account 550129 - Facility and Office Space Rental. This expense is for the Supersite which is available for us to secure and begin Election processes for FY2026. From Account(s): 11306.1525.10830.520830.00000.00000, $168,000.00. To Account(s): 11306.1525.10830.550130.00000.00000, $168,000.00. Total Amount of Transfer: $168,000.00 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? 8/6/2025. $0.00 How was the account used for the source of transferred funds identified? List any other accounts that were ...
Indexes: SANDRA ASPERA, Executive Director, Chicago Board of Elections
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PROPOSED TRANSFER OF FUNDS

 

Department:  Chicago Board of Election Commissioners Finance Office

 

Request:  Transfer of Expenses

 

Reason:  The Board of Election Commissioners is requesting that the Budget office move the funding listed below FROM account  520835 – Professional Services TO account 550129 – Facility and Office Space Rental.  This expense is for the Supersite which is available for us to secure and begin Election processes for FY2026.

 

From Account(s):  11306.1525.10830.520830.00000.00000, $168,000.00.

 

To Account(s):  11306.1525.10830.550130.00000.00000, $168,000.00.

 

Total Amount of Transfer:  $168,000.00

 

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? 

 

8/6/2025.  $0.00

 

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.

 

Minimal accounts exist for our department.  Currently, most of our remaining FY2025 funds remain in this account.    

 

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 Primary 2026 Early Voting would not have a downtown location as the new lease is now requiring proof of appropriated budget for remaining FY2025.  In late 2025, the site is utilized to prepare for the Municipal election.

 

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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