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PROPOSED TRANSFER OF FUNDS
Department: Facilities Management
Request: Transfer of funds
Reason: To allow Facilities Management to encumber funds for the maintenance of building and institutional equipment.
From Account(s): 200-120, $30,000.00; 200-333, $25,656.00; 200-235, $50,000.00; 200-129 $34,344.00
To Account(s): 200-450, $140,000.00
Total Amount of Transfer: $140,000.00
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?
The balance in this account in October 2015, was $7,871.00. Thirty days prior, the account was at $91,203.00.
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.
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.
These accounts were chosen because of the unobligated amounts in the accounts listed above.
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