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File #: 21-4251    Version: 1 Name: District 1 Transfer of Funds
Type: Transfer of Funds Status: Approved
File created: 7/16/2021 In control: Board of Commissioners
On agenda: 7/29/2021 Final action: 7/29/2021
Title: PROPOSED TRANSFER OF FUNDS Department: Cook County Board of Commissioners, District 1 Request: Approval of the Board of Commissioners to transfer funds totaling $22,000 from and to the accounts listed below, for the continued operation of the office of Commissioner Brandon Johnson. Reason: Funds are needed for seasonal support staff and community outreach expenses. From Account(s): (Salaries and Wages of Employees with Benefits) 11000.1081.14040.501010.00000.00000, $22,000.00 To Account(s): (Professional Develop/Fees) 11000.1081.14040.501790.00000.00000, $4,000.00; (Graphics and Reproduction Services) 11000.1081.14040.520490.00000.00000, $3500.00; (Professional Services); 11000.1081.14040.520830.00000.00000, $14,500.00 Total Amount of Transfer: $22,000.00 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 ...
Indexes: BRANDON JOHNSON, County Commissioner
title
PROPOSED TRANSFER OF FUNDS

Department: Cook County Board of Commissioners, District 1

Request: Approval of the Board of Commissioners to transfer funds totaling $22,000 from and to the accounts listed below, for the continued operation of the office of Commissioner Brandon Johnson.

Reason: Funds are needed for seasonal support staff and community outreach expenses.

From Account(s): (Salaries and Wages of Employees with Benefits) 11000.1081.14040.501010.00000.00000, $22,000.00

To Account(s): (Professional Develop/Fees) 11000.1081.14040.501790.00000.00000, $4,000.00; (Graphics and Reproduction Services) 11000.1081.14040.520490.00000.00000, $3500.00; (Professional Services); 11000.1081.14040.520830.00000.00000, $14,500.00

Total Amount of Transfer: $22,000.00

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?

It became apparent on June 1, 2021. At that time, the balance was $171,625.51. On May 2, 2021, the balance was $195,856.29

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 was identified due to the resignation of a staff member. No other accounts were considered.

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 account was identified due to the resignation of a staff member. No other accounts were considered.

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 ye...

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