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File #: 20-4758    Version: 1 Name: PROPOSED TRANSFER OF FUNDS
Type: Transfer of Funds Status: Approved
File created: 10/13/2020 In control: Board of Commissioners
On agenda: 10/22/2020 Final action: 10/22/2020
Title: PROPOSED TRANSFER OF FUNDS Department: District 17 - Commissioner Sean Morrison Request: Approve Transfer of Funds Reason: Payment for rent and professional services From Account(s): 11000.1097.19240.501010 Salaries and Wages $3,000.00 To Account(s): 11000.1097.19240.520830 Professional Services $2,020.00 11000.1097.19240.550130 Facility and office Space Rental $980.00 Total Amount of Transfer: $3,000.00 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? Balances on 9/29/20 were: Professional Services-$93.41 Facility and office space rental-$3,180.00 Balances on 8/28/20 Professional Services-$508.41 Facility and office space rental-$5,010.00 How was the account used for the source of transferred funds identified? List any other accounts that were also considered (but not use...
Indexes: SEAN M. MORRISON, County Commissioner

title

PROPOSED TRANSFER OF FUNDS

 

Department:  District 17 - Commissioner Sean Morrison 

 

Request:  Approve Transfer of Funds 

 

Reason:  Payment for rent and professional services 

 

From Account(s):  11000.1097.19240.501010 Salaries and Wages $3,000.00

 

To Account(s): 

11000.1097.19240.520830 Professional Services $2,020.00

11000.1097.19240.550130 Facility and office Space Rental $980.00

 

Total Amount of Transfer:  $3,000.00

 

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?

 

Balances on 9/29/20 were:

Professional Services-$93.41

Facility and office space rental-$3,180.00

 

Balances on 8/28/20

Professional Services-$508.41

Facility and office space rental-$5,010.00

 

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.

 

The account pays for professional services and consultants to the office throughout the fiscal year. 

 

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.

 

N/A 

 

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 was a reduction in the office staff salaries 

 

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