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PROPOSED TRANSFER OF FUNDS
Department: Budget and Management Services
Request: Approve transfer of $12,007,149.05 of ARPA funding between Connected Communities, Healthy Communities, Open Communities, Safe and Thriving Communities and Vital Communities Policy Pillars.
Reason: Request in transfer of funds between ARPA programs will permit strategic adjustments in community initiatives.
From Program(s): NT075 - Healing Hurt People Chicago (Safe and Thriving) in the amount of $303,157.91; NT764 - Housing for Justice Involved Individuals (Safe in Thriving) in the amount of $6,461,289.97; NT086 - Justice Reinvestment Plan (Safe and Thriving) in the amount of $553,899.66; NT792 - Lead Pipe Replacement at Vera Yates and Richard Flowers Homes (Connected) in the amount of $4,688,801.51.
To Program(s): TR011 - CCH Behavioral Health Authority (Healthy) in the amount of $303,157.91; NT115 - Legal Aid for Housing and Debt (Vital) in the amount of $4,688,801.51; Revenue Loss in the amount of $7.015,189.63.
Total Amount of Transfer: $12,007,149.05
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 Healing Hurt People Chicago (NT075) and CCH Behavioral Health Authority (TR011) at the request of Cook County Health to prioritize program spending. It would also shift funds between Lead Pipe Replacement at Vera Yates and Richard Flowers Homes (NT792) and Legal Aid for Housing and Debt (NT115) at the request of the Bureau of Economic Development based on program need. Finally, the requested transfer would shift funds from Housing fo...
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