File #: 15-6034    Version: 1 Name: Fund trasnfer 200-235
Type: Transfer of Funds Status: Approved
File created: 10/14/2015 In control: Board of Commissioners
On agenda: 10/28/2015 Final action: 10/28/2015
Title: PROPOSED TRANSFER OF FUNDS Department: Facilities Management Request: Transfer of funds Reason: To enable Facilities to encumber funds for landscaping services From Account(s): 200-333, $35,000.00 To Account(s): 200-235, $35,000.00 Total Amount of Transfer: $35,000.00 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? It became apparent on 10/1/2015. The balance in this account is $5,522.00 and was that amount on 9/1/2015. 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 chosen because of the amount of unencumbered funds. Identify any projects, purchases, programs, contracts, or other obligations tha...
Indexes: BILQIS JACOBS-EL, Director, Department of Facilities Management

title

PROPOSED TRANSFER OF FUNDS

 

Department:  Facilities Management 

 

Request:  Transfer of funds 

 

Reason:  To enable Facilities to encumber funds for landscaping services

 

From Account(s):  200-333, $35,000.00

 

To Account(s):  200-235, $35,000.00 

 

Total Amount of Transfer:  $35,000.00

 

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?

 

It became apparent on 10/1/2015.  The balance in this account is $5,522.00 and was that amount on 9/1/2015.  

 

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 chosen because of the amount of unencumbered funds.  

 

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.

 

This account was chosen because of the unobligated amounts in account 333 institutional supplies.