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File #: FI-R-0196-24    Version: 1
Type: Finance Resolution Status: Adopted
File created: 10/15/2024 In control: Finance Committee
On agenda: 10/22/2024 Final action: 11/26/2024
Title: AUTHORIZATION TO TRANSFER FUNDS FROM THE GENERAL FUND TO THE VETERANS ASSISTANCE COMMISSION FOR FISCAL YEAR 2025

title
AUTHORIZATION TO TRANSFER FUNDS
FROM THE GENERAL FUND TO
THE VETERANS ASSISTANCE COMMISSION
FOR FISCAL YEAR 2025
resolution


WHEREAS, for accounting purposes the DuPage County Board has established a Veterans Assistance Commission which is funded by the General Fund; and

WHEREAS, in order to maintain operations in the Veterans Assistance Commission in Fiscal Year 2025, the County of DuPage finds it necessary to transfer an amount up to, but not to exceed, $728,921 (SEVEN HUNDRED TWENTY-EIGHT THOUSAND, NINE HUNDRED TWENTY-ONE AND NO/100 DOLLARS) from the General Fund (1000) to the Veterans Assistance Commission (4500-5851); and

WHEREAS, the 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, 2024 to November 30, 2025; and

WHEREAS, sufficient funds are projected to be available in the General Fund to accommodate said transfer(s) up to, but not to exceed $728,921 (SEVEN HUNDRED TWENTY-EIGHT THOUSAND, NINE HUNDRED TWENTY-ONE 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 $728,921 (SEVEN HUNDRED TWENTY-EIGHT THOUSAND, NINE HUNDRED TWENTY-ONE 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, 2024 to November 30, 2025; 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...

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