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PROPOSED TRANSFER OF FUNDS
Department: Animal and Rabies Control
Request: To allow for a transfer of fund within our operating budget.
Reason: To properly align the costs of the equipment being purchased to the correct budgetary account.
From Account(s): 510-549, $105,000.00
To Account(s): 510-550, $105,000.00
Total Amount of Transfer: $105,000.00
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?
On 5/21/2015, a requisition was entered for the purchase of automotive equipment using the 550 account and was placed on budget hold, due to no available funds. The fund had a zero (0) balance prior to the requisition being entered.
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.
All funds requested for 2015 budget for Vehicle purchase and Automotive Equipment were totaled and place in the budget amount for Vehicle Purchase.
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.
At the time of budget entry, the line item for automotive equipment was not available to indicate the amount needed, therefore all funds were included in the vehicle purchase account.
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