title
PROPOSED TRANSFER OF FUNDS
Department: Bureau of Human Resources
Request: Approval of a transfer of funds in Department 1032, Bureau of Human Resources
Reason: The reason for this transfer is to support the purchase of carpet for rooms 820 and 818 at 118 N. Clark Street. The current carpet is in poor condition, inclusive of tripping hazards in various locations.
From Account(s): 11000.1032.11690.501010.00000.00000, Salary/Wages)
To Account(s): 11000.1032.10155.540370.00000.00000, Maintenance of Facilities
Total Amount of Transfer: $90,000.00
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?
This expense was unexpected; therefore, no funds were initially appropriated.
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 suggested the Salary/Wages account as a potential source since a surplus of funds accumulated due to personnel turnover.
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.
No projects, purchases, programs, contracts, or other obligations will be deferred, delayed, or canceled as a result of the reduction in spending funds from this account.
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 developed a surplus of funding due to turnover for various vacant positions.
end