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File #: 25-2826    Version: 1 Name: Transfer of Funds
Type: Transfer of Funds Status: Approved
File created: 5/13/2025 In control: Board of Commissioners
On agenda: 6/12/2025 Final action: 6/12/2025
Title: PROPOSED TRANSFER OF FUNDS Department: Office of the Chief Judge Request: Transfer of Funds Reason: Unbudgeted professional services - funds are needed to cover IT related service costs that were incurred in the migration of applications away from IBMi and Mainframe to the Circuit Court of Cook County's application environment as well as other IT related court services. From Account(s): 11100.1326.15295.501010, $1,000,000.00 To Account(s): 11100.1310.35095.520830, $1,000,000.00 Total Amount of Transfer: $1,000,000.00 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? 5/1/2025. The balance $207,516.00 on this date and the balance was $244,551.00 30 days prior to this date. How was the account used for the source of transferred funds identified? List any other accounts tha...
Indexes: TIMOTHY C. EVANS, Chief Judge, Circuit Court of Cook County

title

PROPOSED TRANSFER OF FUNDS

 

Department:  Office of the Chief Judge 

 

Request:  Transfer of Funds 

 

Reason:  Unbudgeted professional services - funds are needed to cover IT related service costs that were incurred in the migration of applications away from IBMi and Mainframe to the Circuit Court of Cook County's application environment as well as other IT related court services.  

 

From Account(s):  11100.1326.15295.501010, $1,000,000.00

 

To Account(s):  11100.1310.35095.520830, $1,000,000.00 

 

Total Amount of Transfer:  $1,000,000.00 

 

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?

 

5/1/2025. The balance $207,516.00 on this date and the balance was $244,551.00 30 days prior to this date.  

 

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 account was identified based on earned salary surplus through pay period 10. No other accounts were considered.  

 

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.

 

The account identified with a surplus would not otherwise be utilized because it is personnel related. Existing vacancies through the first half of the fiscal year accrued the surplus.  

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