File #: 24-2503    Version: 1 Name: Funds Transfer for BHR
Type: Transfer of Funds Status: Approved
File created: 3/29/2024 In control: Board of Commissioners
On agenda: 4/18/2024 Final action: 4/18/2024
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 acquire professional services to support BHR's recruitment and hiring efforts due to turnover within the Workforce Strategy Division. From Account(s): 11000.1490.33910.540135.00000.00000 Working Capital-Maintenance, $177,400 11000.1490.33910.520610.00000.00000 Advertising for Specific Purposes, $350,000 11000.1490.33910.521044.00000.00000 Legal Fee-Labor Matters, $63,652.16 11100.1490.33910.501750.00000.00000 Shared Tuition, $100,000 11000.1032.11690.501010.00000.00000 Salaries/Wages, $900,000 11000.1032.10155.501010.00000.00000 Salaries/Wages, $300,000 11000.1032.20320.501010.00000.00000 Salaries/Wages, $300,000 To Account(s): 11000.1490.33910.520830.00000.00000 Professional Services, $691,052.16 11000.1032.10155.520830.00000.00000 Professional Services $1,500,000 Total Amount o...
Indexes: VELISHA HADDOX, Chief, Bureau of Human Resources
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 acquire professional services to support BHR's recruitment and hiring efforts due to turnover within the Workforce Strategy Division.

From Account(s):
11000.1490.33910.540135.00000.00000 Working Capital-Maintenance, $177,400
11000.1490.33910.520610.00000.00000 Advertising for Specific Purposes, $350,000
11000.1490.33910.521044.00000.00000 Legal Fee-Labor Matters, $63,652.16
11100.1490.33910.501750.00000.00000 Shared Tuition, $100,000
11000.1032.11690.501010.00000.00000 Salaries/Wages, $900,000
11000.1032.10155.501010.00000.00000 Salaries/Wages, $300,000
11000.1032.20320.501010.00000.00000 Salaries/Wages, $300,000

To Account(s): 11000.1490.33910.520830.00000.00000 Professional Services, $691,052.16
11000.1032.10155.520830.00000.00000 Professional Services $1,500,000

Total Amount of Transfer: $2,191,052.16

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. The funds that are in these accounts were earmarked for other operational expenses.

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/hiring delays. Furthermore, the tuition reimbursement account was identified as a source due to its historically low participation. The non-personnel services accounts had projects/programs that have not been initiated and were not considered to be as...

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