Finance Committee - 02/17/2021 Page 14
Director Cummings
Yes it was done through the escrow process and then the separate charge is going to be from the Parking
Trust Fund that was set up for parking related type of needs.
Alderwoman Lu
So what are the two funds, the two dollar amounts are coming from?
Director Cummings
So again the $30 and change is coming from a prior year escrow and the $10,000.00 is coming from a Parking
Trust Fund.
Alderwoman Lu
Ms. Parkinson would you be able to get that to me?
Ms. Parkinson
To get you the breakdown?
Alderwoman Lu
| don’t know if | am alone in the Committee who recalls when other meetings when we have had — | am used to
having a specific breakdown and what fund or account, not necessarily the charge, whether it would be other
contracted services. But where it is held now? What is that escrow account. Certainly someone here knows
the answer to that?
Mayor Donchess
So what an escrow is, is ...
Alderwoman Lu
Oh | understand what the escrow is but aren’t they all named and numbered?
Mayor Donchess
Yes, they are all name and numbered. Now this, as | am looking at this, this tells you that the account is
55699. But certainly Ms. Parkinson can get you a Memo on this.
Alderwoman Lu
Well 55699 indicates “other contracted services”. And Ms. Parkinson said $31,1 is going from there.
Mayor Donchess
Well the escrow may be named “other contracted services” but we can get you the clarification or the detail,
that’s no problem.
