File #: 15-1894    Version: 1 Name: TRANSFER OF FUNDS
Type: Transfer of Funds Status: Approved
File created: 2/19/2015 In control: Board of Commissioners
On agenda: 3/11/2015 Final action: 3/11/2015
Title: PROPOSED TRANSFER OF FUNDS Department: Clerk of the Circuit Court Request: Transfer of Funds Reason: The transfer of funds is needed to extend contract for Professional Services of three I.T. programmers for Mainframe and .Net programming to assist with electronic filing, imaging operations and the implementation of the Standard File Room Operating Procedures (SFROP) Project. From Account(s): 335-240, $83,200.00 To Account(s): 335-260, $83,200.00 Total Amount of Transfer: $83,200.00 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? 1/30/2015, $0.00, $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. Account 335-240, Printin...
Indexes: (Inactive) DOROTHY BROWN, Clerk of the Circuit Court
title
PROPOSED TRANSFER OF FUNDS

Department: Clerk of the Circuit Court

Request: Transfer of Funds

Reason: The transfer of funds is needed to extend contract for Professional Services of three I.T. programmers for Mainframe and .Net programming to assist with electronic filing, imaging operations and the implementation of the Standard File Room Operating Procedures (SFROP) Project.

From Account(s): 335-240, $83,200.00

To Account(s): 335-260, $83,200.00

Total Amount of Transfer: $83,200.00

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?

1/30/2015, $0.00, $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.

Account 335-240, Printing and Publishing, was identified as the source of transfer of funds for the purchase of Personal Issue Traffic Tickets for the City of Chicago and Suburban Traffic Tickets. The placement of a supplemental order of tickets in 2014 with FY 2014 funds while awaiting the bid and award of a new traffic ticket contract, reduced the need for a larger order of tickets in 2015. Therefore, as a result of the supplemental order of tickets, we anticipate purchasing a reduced quantity of additional tickets in FY 2015.

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.

As a result...

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