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PROPOSED TRANSFER OF FUNDS
Department: Cook County Board of Commissioners, District 12
Request: Approval from the Board of Commissioners to transfer funds totaling $15,000 from and to the accounts listed below for the continued operations of the office of Commissioner Bridget Degnen.
Reason: Funds needed for community outreach expenses.
From Account(s): 11000.1092.20440.501010.00000.00000 Salaries and Wages of Employees with Benefits, $15,000.
To Account(s): 11000.1092.20440.520260.00000.00000 Postage, $8,000; 11000.1092.20440.520490.00000.00000 Graphics and Reproduction Services, $7,000.
Total Amount of Transfer: $15,000
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?
It became apparent on October 26, 2022. At that time the balance for (Postage 520265) was $48.91, and (Graphics ad Reproduction Services - 520492) was $1,082.00. On September 26, 2022, the balance for (Postage 520265) was $48.91, and (Graphics ad Reproduction Services - 520492) was $1,082.00.
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.
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.
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.
Vacancy of this position was not anticipated at the time the budget was originally created.
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