title
AUTHORIZATION TO TRANSFER FUNDS
FROM THE GENERAL FUND
TO THE STORMWATER MANAGEMENT FUND
FOR FISCAL YEAR 2024
resolution
WHEREAS, for accounting purposes the DuPage County Board has established a Stormwater Management Fund, which is funded with a stormwater management tax levy; and
WHEREAS, in order to maintain operations in the Stormwater Management Fund in Fiscal Year 2024, the County of DuPage finds it necessary to transfer an amount up to, but not to exceed, $2,600,000 (TWO MILLION, SIX HUNDRED THOUSAND, AND NO/100 DOLLARS) from the General Fund (1000) to the Stormwater Management Fund (1600-3000); and
WHEREAS, County of DuPage finds it necessary to grant authority to the Chief Financial Officer, in consultation with the Director of Stormwater, to transfer said amount in one or more transfers as operating requirements dictate; and
WHEREAS, the said transfer(s) may be executed from the period of December 1, 2023 to November 30, 2024; and
WHEREAS, sufficient funds are projected to be available in the General Fund to accommodate said transfer(s) up to, but not to $2,600,000 (TWO MILLION, SIX HUNDRED THOUSAND, AND NO/100 DOLLARS) for the aforementioned time period.
NOW, THEREFORE, BE IT RESOLVED by the DuPage County Board that the Chief Financial Officer, upon consultation with the Director of Stormwater, is hereby authorized to transfer the amount up to, but not to exceed $2,600,000 (TWO MILLION, SIX HUNDRED THOUSAND, AND NO/100 DOLLARS) in one or more transfers; and
BE IT FURTHER RESOLVED by the DuPage County Board that the said transfer(s) may be executed anytime from the period of December 1, 2023 to November 30, 2024; and
BE IT FURTHER RESOLVED by the DuPage County Board that the Finance Department and/or the County Treasurer is authorized and directed to transfer, in con...
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