Lake County, IL
File #: 13-1058    Version: 1 Name: FY13 Line Item Transfers
Type: resolution Status: Passed
File created: 9/24/2013 In control: Law & Judicial Committee
On agenda: Final action: 10/8/2013
Title: Joint resolution authorizing line-item transfers between various funds for the purpose of transferring previously approved funds in 2013.
Attachments: 1. LIT Transfer 10.08.13.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
10/8/20131 Lake County Board adoptedPass Action details Meeting details Not available
10/2/20131 Financial & Administrative Committee recommended for adoption to the regular agendaPass Action details Meeting details Not available
10/1/20131 Health and Community Services Committee approved and referred on to the Financial and Administrative CommitteePass Action details Meeting details Not available
10/1/20131 Law & Judicial Committee approved and referred on to the Financial and Administrative CommitteePass Action details Meeting details Not available
Title
Joint resolution authorizing line-item transfers between various funds for the purpose of transferring previously approved funds in 2013.
 
Staff Summary
·      Transfers of budget authority between line-item in various funds in the FY2013 budget are needed to align expenses with correct accounts.
·      The County Board must approve line-item transfers under certain conditions.
·      A listing of the various transfers is attached to the resolution.
 
Body
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 & Administrative Committees 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 2013 budget, as set forth in the attached listing are hereby approved.
 
DATED at Waukegan, Illinois, on October 8, 2013.