Title
Joint resolution authorizing line-item transfers of funds between various accounts to transfer previously approved funds in Fiscal Year (FY) 2019.
Staff Summary
• A line item transfer is necessary to reallocate funds within the FY 2019 budget to fund capital projects within the Health Department.
• This action transfers previously approved budget authority from the Facility Assessment budget to Health Department capital line items for Patient Access Center renovation and 3010 Grand parking lot expansion.
• The action does not increase budget authority, and the specific account numbers are attached.
Body
RESOLUTION
WHEREAS, in the administration and implementation of the approved budget, there is occasionally a need to transfer budget authority; and
WHEREAS, these actions are commonly known as “line-item transfers”, and must be approved by the County Board under certain circumstances; and
WHEREAS, a listing of line-item transfers of budget has been prepared by the County Administrator’s Office, a copy of which is attached hereto and made part hereof, and the Financial and Administrative Committee recommends approval of these actions by the County Board.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that line-item transfers in the FY 2019 budget, as set forth in the attached listing are hereby approved.
DATED at Waukegan, Illinois, on October 8, 2019.