Dupage Logo
To view previous Board or Committee Meetings, please visit our YouTube channel.
Those wishing to submit virtual public comments, please use the Public Comment Form.
File #: FI-R-0252-23    Version: 1
Type: Finance Resolution Status: Adopted
File created: 10/17/2023 In control: Finance Committee
On agenda: 10/24/2023 Final action: 11/28/2023
Title: AUTHORIZATION TO TRANSFER FUNDS FROM THE GENERAL FUND TO THE COUNTY INFRASTRUCTURE FUND FOR FISCAL YEAR 2024
title

AUTHORIZATION TO TRANSFER FUNDS
FROM THE GENERAL FUND
TO THE COUNTY INFRASTRUCTURE FUND
FOR FISCAL YEAR 2024
resolution


WHEREAS, for accounting purposes the DuPage County Board has established a County Infrastructure Fund; and

WHEREAS, in order to maintain various infrastructure projects in the County Infrastructure Fund in Fiscal Year 2024, the County of DuPage finds it necessary to transfer an amount up to, but not to exceed, $35,000 (THIRTY-FIVE THOUSAND AND NO/100 DOLLARS) from the General Fund (1000) to the County Infrastructure Fund (6000-1220); and

WHEREAS, County of DuPage finds it necessary to grant authority to the Chief Financial Officer, 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 exceed $35,000 (THIRTY-FIVE 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 is hereby authorized to transfer the amount up to, but not to exceed $35,000 (THIRTY-FIVE 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 consultation with the Chief Financial Officer, an amount up to, but not to exceed, $35,000 (THIRTY-FIVE THOUSAND AND NO/100 DOLLARS) in one or more transfers for the aforementioned t...

Click here for full text