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PROPOSED TRANSFER OF FUNDS
Department: Sheriff of Cook County
Request: Fund Transfer
Reason: To purchase computer refresh and toughbooks
From Account(s): 11100.1239.16890.501211 (Overtime)
To Account(s): 11100.1217.15060.560225 (Computer Equipment)
Total Amount of Transfer: $750,000.00
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 Sheriff’s Office did not receive any capital funding for computer refresh in Fiscal Year 2019 President’s Recommendation. This transfer will allow the purchase of the needed equipment. The Sheriff’s Office was approved $170,000.00 in capital to purchase computer refresh and toughbooks in fiscal year 2018. The capital balance is $87,420.97 since 8/21/2018.
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.
The Sheriff’s Office projects a surplus in this account which will cover the needed funding. This was the only account identified.
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.
The Sheriff’s Office made adjustments through the year to reduce overtime at the DOC. This has allowed a surplus to increase through the year.
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.
N/A
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