title
PROPOSED TRANSFER OF FUNDS
Department: Facilities Management
Request: Transfer of funds
Reason: Provide additional funding in institutional supply,
From Account(s):
200-215 $50.000.00 - Scavenger Services
200-440 $60,000.00 - Maintenance of Data Processing Equip.
200-490 $10,000.00 - Grounds
200-235 $60,000.00 - Contract Maintenance Service
To Account(s):
200-333 $50,000.00 - Institutional Supplies
200-450 $120,000.00 - Property Maintenance and Operations
200-638 $10,000.00 - Rental of Institutional Equipment
Total Amount of Transfer: $180,000.00
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 September 27 it became apparent that DFM would not have adequate funding to process request for material and to obtain services for the maintenance of the buildings to fulfill request for FY2018. The balance in account 333 was $160,000; account 450 was $5,000; account 638 was $6,000. The balance 30 days prior was account 333 $200,000; account 450 was $100,000; account 638 was $6,000.
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.
They were chosen according to the available funds in each of these accounts.
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.
There are additional facilities that have been added to the DFM management scope.
end