Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 21-330, approving a 2021 budget transfer between sub-funds in data processing Capital Fund 315
body
DEPARTMENT: Information Technology
ORIGINATOR: Bao Dinh
EXECUTIVE RECOMMENDATION: Approved-Ken Klein, 9/15/21
PURPOSE: Administrative Budget Change: Correct 2021 budget authority levels in revenue and expenditure line items within Fund 315, between Sub Fund 001 & 315, Program 418, Division 417 Infrastructure Replacement.
BACKGROUND: The 2021 adopted IT Infrastructure replacement budgets in Program 418 were incorrectly entered in subfund 001 rather than sub-fund 315 in the 2021 BDT. Once the budget was adopted, financial reporting uncovered the error, which causes the two sub-funds (001 and 315) to be out of balance. This budget action will remove budgeted revenue and expenditure erroneously recorded in sub-fund 001 and shift it to sub-fund 315 (Program 418, Division 417). The changes will allow both sub-funds 001 and 315 to balance and will align budget line items with the actual revenue and expenditure.
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
315.5144326000 |
15,000 |
|
|
|
315.51144326000 |
-15,000 |
|
|
|
315.514418015276000 |
625,153 |
|
|
|
315.5114418015276000 |
-625,153 |
|
|
|
315.514418015036000 |
107,000 |
|
|
|
315.5114418015036000 |
-107,000 |
|
|
|
315.514418015056000 |
10,000 |
|
|
|
315.5114418015056000 |
-10,000 |
|
|
|
315.514418015016000 |
150,000 |
|
|
|
315.5114418015016000 |
-150,000 |
|
|
|
315.514418015026000 |
320,000 |
|
|
|
315.5114418015026000 |
-320,000 |
|
|
|
315.514418015046000 |
90,000 |
|
|
|
315.5114418015046000 |
-90,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
0 |
|
|
|
REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
315.31144179700 |
81,660 |
|
|
|
315.3144179700 |
-81,660 |
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
0 |
|
|
DEPARTMENT FISCAL IMPACT NOTES: This is a budget-neutral revision to correct line items in the adopted 2021 budget.
CONTRACT INFORMATION:
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ORIGINAL |
|
CONTRACT# |
|
AMOUNT |
|
|
AMENDMENT |
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CONTRACT# |
|
AMOUNT |
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Contract Period
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ORIGINAL |
START |
|
END |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Approved-Finance, Brian Haseleu, 09/15/21