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PROPOSED TRANSFER OF FUNDS
Department: Department of Facilities Management
Request: Transfer of funds
Reason: This requested transfer is needed to fund supplemental personnel for COVID-19 sanitation.
From Account(s): 11100.1200.20192.501135 (salary) $500,000.00
To Account(s): 11100.1200.20192.520830 (professional services), $500,000.00
Total Amount of Transfer: $500,000.00
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?
We noticed that additional funds would be needed in December 2020. There was only $5,000.00 in the account as of January 4, 2021.
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.
There is budgeted funding in the salary account that was intended for this use.
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.
This account was chosen because the funds were budgeted for this purpose. DFM must have access to additional personnel as needed to cover COVID-19 sanitation.
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