when you go to your History tab in your wallet do you see the transaction that you sent in there? if so then what does it say in its Date field? does it say something like "Local"?
a few minutes later i received another message stating insufficient funds. My account has a positive balance.
electrum does not give you unsolicited messages and that after "a few minutes". if you try spending more than you have you will see an error message right away and you won't even go into signing/sending process.
it is not available to inspect on block explorer (the webpage times out).
On block chain it has been confirmed 8 times now, and is labeled 'unspent' (i dont know what unspent means)
transaction ID is 311b5e24330c951cfa8725cccc71832102437dc7140dbea02abd7739e3e4c4d8
i am confused about these 3 statements. is this the transaction you can't find on block explorers and you say wasn't received or is it the one you are trying to spend?
this transaction is already confirmed
https://blockchair.com/bitcoin/transaction/311b5e24330c951cfa8725cccc71832102437dc7140dbea02abd7739e3e4c4d8and unspent means it is "not yet spent" and the the owner of 1PTzVVhYkxmzBa9yBZPrToPT82CaP3Zrie and 33EEEyMu6WHFdqBnmm8xGJyCLdag8XKzCn keys can spend their respective amount.