title
PROPOSED TRANSFER OF FUNDS
Department: Facilities Management
Request: Fund Transfer
Reason: To provide additional funding for the purchasing of janitorial supplies
From Account(s): 200-120; $50,000.00; 200-444, $13,000.00; 200- 333 $75,000.00
To Account(s): 200-330, $138,000.00
Total Amount of Transfer: $138,000.00
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 7/1/15 it became apparent that there would be a need to infuse this account with funding. The balance of this account was $27,157.00 on that date and it was $34, 965.00 the previous month.
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.
These accounts were identified because of the amount of unobligated funds available.
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.
Additional funds are needed due to compliance with the collective bargaining in regards to exterior apparel, new floor care initiatives and cleaning of additional square footage.
Concurrence(s):
DO NOT PUT TEXT HERE. FOR BUDGET TO ADD CONCURRENCE STATEMENT OR N/A
end