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PROPOSED TRANSFER OF FUNDS
Department: Clerk of the Circuit Court
Request: Proposed Transfer of Funds
Reason: The transfer of funds complements with Board Item number 24-0034 for the Tyler Technologies payment of maintenance and licensing for the court docket system.
From Account(s): 11100.1335.35110.501010 - Salaries and Wages of Employees, $2,167,318.95
To Account(s): 11100.1335.13945.540135 - Working Capital - Maintenance of Data Processing Equipment, $2,167,318.95
Total Amount of Transfer: $2,167,318.95
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?
2/1/2024 - $185,144.17
1/2/2024 - $186,011.92
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.
There is a forecasted budget surplus due to the slow hiring of vacant positions.
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.
Tyler Technologies - Board Item number 24-0034
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 budgeted amount within this account was expected to be expended following the hiring of all vacant positions within the fiscal year. However, slow hiring and additional retirements since 12/1/2023 have allowed for a forecasted surplus.
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