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...
Click here for full text