File #: 21-4729    Version: 1 Name: Transfer of Funds Traffic Mainframe
Type: Transfer of Funds Status: Approved
File created: 8/19/2021 In control: Board of Commissioners
On agenda: 9/23/2021 Final action: 9/23/2021
Title: PROPOSED TRANSFER OF FUNDS Department: Clerk of the Circuit Court Request: Request for Transfer of Funds Reason: A transfer of funds is needed to process an invoice from SHI International for developmental work performed on the Traffic Mainframe in FY2020. 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): 11320.1335.15050.520260 - Postage To Account(s): 11320.1335.15050.520830 - Professional Services Total Amount of Transfer: $97,000 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 - $438: 30 days prior $438 How was...
Indexes: IRIS Y. MARTINEZ, Clerk of the Circuit Court

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PROPOSED TRANSFER OF FUNDS

 

Department:  Clerk of the Circuit Court 

 

Request:  Request for Transfer of Funds 

 

Reason:  A transfer of funds is needed to process an invoice from SHI International for developmental work performed on the Traffic Mainframe in FY2020. 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): 11320.1335.15050.520260 - Postage

 

To Account(s): 11320.1335.15050.520830 - Professional Services 

 

Total Amount of Transfer:  $97,000 

 

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 - $438: 30 days prior $438 

 

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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