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PROPOSED BUDGET AMENDMENT
Amendment Number: FY2017 Amendment No. 5
Source of Funding: N/A
Explanation of Amendment: Amends Section 9 of the Budget Resolution to allow the Commissioners of the Cook County Board of Commissioners to amend their budget allocation before 12/31/2016.
Budgetary Unit: Resolution
Comments: Section 9.
In order to make necessary transfers of $10,000 or less within and between the 100 (excluding the 110, 172, 175,176, 177, 178, 179, 826, and 181 accounts), 200, 300, 400, 500, 600 and 800 accounts/account series, the Elected Officials, Heads of Departments, Offices, Institutions or Agencies are hereby required to request and receive advance approval from the Budget and Management Services Director. Upon request and justification from the Agency, the Director of Budget and Management is hereby authorized to review said transfer requests and approve said transfer requests in an amount equal to $10,000 or less within and between accounts without Board approval. A report of such approved transfers shall be made to the Cook County Board of Commissioners by the Budget and Management Services Director via placement of said report on a Board Agenda on a quarterly basis. Except for transfers authorized in Section 8, transfers requested that are equal to or less than $10,000 from the 110 account or greater than $10,000 that are within or between the 100, 200, 300, 400, 500, 600 or 800 account series will require the advance approval by the Board. No transfers are allowed from the 172,175,176,177,178,179, 826 or 181 accounts except for the purposes of payment of employee benefit claims and related expenses No transfers are required for shifts in funds between business units within the same department for non-personnel accounts. Transfers made for department 018, account 350 are restricted to the following accounts: 183, 190, 220, 241, 289 or 630. The Elected Officials, Heads of Departments, Offices, Institutions and Agencies ...
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