File #: 24-0394    Version: 1 Name: 6th District Transfer of Funds
Type: Transfer of Funds Status: Approved
File created: 12/1/2023 In control: Board of Commissioners
On agenda: 12/14/2023 Final action: 12/14/2023
Title: PROPOSED TRANSFER OF FUNDS Department: Cook County Commissioner Donna Miller, 6th District Request: Direct Approval Reason: Increase salary line item to meet staffing needs of 6th District From Account(s): : Fund 110000, Dept. 1086, Program 19335;520490, External Graphics and Reproduction Services $3,000; Fund 11000; Dept. 1086; Program 19335; 520259 Postage $2,500)) To Account(s): Fund 11000; Dept. 1086; Program 19335;501010, 0032827, Salary and Wages of Regular Employees) Total Amount of Transfer: $5,500.00 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? December 1, 2023. The account balance was $45,000.00 30 days prior to December 1, 2023. How was the account used for the source of transferred funds identified? List any other accounts that were also considered (but not use...
Indexes: DONNA MILLER, County Commissioner

title

PROPOSED TRANSFER OF FUNDS

 

Department:  Cook County Commissioner Donna Miller, 6th District 

 

Request:  Direct Approval

 

Reason:  Increase salary line item to meet staffing needs of 6th District 

 

From Account(s): : Fund 110000, Dept. 1086, Program 19335;520490, External Graphics and Reproduction Services $3,000; Fund 11000; Dept. 1086; Program 19335; 520259 Postage $2,500))

 

To Account(s): Fund 11000; Dept. 1086; Program 19335;501010, 0032827, Salary and Wages of Regular Employees) 

 

Total Amount of Transfer:  $5,500.00

 

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?

 

December 1, 2023. The account balance was $45,000.00 30 days prior to December 1, 2023. 

 

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.

 

Budget changes will result in a surplus in the source accounts for FY24; and salary line item is being increased to meet the staffing and operational needs of the 6th County District. 

 

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.

 

N/A 

 

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.

 

At the time of FY24 budget submittal budget costs were estimated for these accounts. 

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