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PROPOSED TRANSFER OF FUNDS
Department: Clerk of the Circuit Court
Request: Request Transfer of Funds
Reason: Funds are needed to pay invoices from FY2020 for development work performed on the CMS Mainframe by SHI International. It should be further noted that this expenditure was not paid in 2020 nor was it budgeted in fiscal year 2021 despite it being incurred by the Clerk of the Circuit Court’s (CCC) office. Therefore, CCC needs to transfer funds to the appropriate account to pay the outstanding obligation.
From Account(s): 11100.1335.13945.501010 - Salaries and Wages of Regular Employee
To Account(s): 11100.1335.35460.520830 - Professional Services
Total Amount of Transfer: $63,000
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?
8/19/2021 - $15,172: 30 Days Prior $15,172
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 Salaries and Wages of Regular Employee account has a surplus of funding that can be utilized for this transfer.
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 budgeted properly, but due to position vacancies throughout the year, a surplus of funds became available.
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