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PROPOSED TRANSFER OF FUNDS
Department: Cook County Health and Hospital Services
Request: Transfer of Funds
Reason: Agency expense
From Account(s): See Attachment - Web Journal
To Account(s): See Attachment - Web Journal
Total Amount of Transfer: $48,600,000.00
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?
3rd Quarter of the FY22 projected surplus $85M in salaries
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.
DBMS provides the Payroll Tracker with a surplus due to the vacant positions
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.
Hospitals including CCHHS are having trouble finding enough qualified candidates to fill health care staffing gaps in timely matter causing an unobligated surplus to develop in CCHHS salary Acct Answer question here
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