title
ADDITIONAL APPROPRIATION FOR THE
1993 JAIL REFUNDING BOND DEBT SERVICE FUND
COMPANY 7000 - ACCOUNTING UNIT 7007
$28,962.00
AUTHORIZATION TO TRANSFER FUNDS FROM THE
1993 JAIL REFUNDING BOND DEBT SERVICE FUND
COMPANY 7000 - ACCOUNTING UNIT 7007
TO THE GENERAL FUND SPECIAL ACCOUNTS FUND
COMPANY 1000 - ACCOUNTING UNIT 1180
$28,961.54
FOR FISCAL YEAR 2025
resolution
WHEREAS, debt service payments for the 1993 Jail Refunding Bonds have been satisfied as of December 28, 2020, and there remain excess funds in the amount of $28,961.54 (TWENTY-EIGHT THOUSAND NINE HUNDRED SIXTY-ONE AND 54/100 DOLLARS); and
WHEREAS, there exists the need for an additional appropriation in the amount of $28,962 (TWENTY-EIGHT THOUSAND NINE HUNDRED SIXTY-TWO AND NO/100 DOLLARS) in order for excess funds in the 1993 Jail Refunding Bond Debt Service Fund to be transferred to the General Fund.
WHEREAS, the County of DuPage considers it necessary to grant authority to the Chief Financial Officer/Finance Department to transfer the excess funds received into the 1993 Jail Refunding Bond Debt Service Fund, Company 7000 - Accounting Unit 7007, to the General Fund Special Accounts Fund, Company 1000 - Accounting Unit 1180; and
WHEREAS, adequate funds are available in the 1993 Jail Refunding Bond Debt Service Fund to accommodate a transfer of an amount not to exceed $28,961.54 (TWENTY-EIGHT THOUSAND NINE HUNDRED SIXTY-ONE AND 54/100 DOLLARS) in Fiscal Year 2025.
NOW, THEREFORE, BE IT RESOLVED BY THE DuPage County Board that the Chief Financial Officer/Finance Department is hereby authorized to transfer an amount not to exceed $28,961.54 (TWENTY-EIGHT THOUSAND NINE HUNDRED SIXTY-ONE AND 54/100 DOLLARS) from the 1993 Jail Refunding Bond Debt Service Fund to the General Fund Special Accounts Fund in Fiscal Year 2025.
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Enacted an...
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