Title
Vote to approve Fiscal Year 2024-2025 Budget Amendments
Abstract
Introduction & Background: During the fiscal year, the budget must be amended as changing conditions warrant. The fiscal year 2024-2025 budget ordinance authorizes the County Manager to transfer funds within a department without limitation. The Manager may also transfer amounts of up to $5,000 between departments of the same fund and transfer amounts up to $50,000 from contingency with a memorandum report of such transfers to the Board. The Board must approve all other transfers.
Discussion & Analysis: The attached proposed amendments must be approved by the Board of Commissioners for Fiscal Year 2025.
The Sheriff department’s budget is being increased by $97,615 to roll balances forward from FY2024 for State Criminal Alien Assistance.
The Pittsboro/SC Visitors Bureau department budget is being increased by $300 to roll balances forward from FY2024 for Cycle NC donations.
The Non Profit - Chatham Transit budget is being increased by $78,292 to roll balances forward from the FY24 Allocation.
The Fleet budget is being increased by $3,446 to roll balance forward from Vehicle Maintenance.
The General Services budget is being decreased by $30,000 for use of contingency which will increase the Planning department’s budget by $20,000 for the Conservation Dashboard Project and $10,000 for the County’s contribution to the FAST 2.0 Study.
The Pittsboro/SC Visitors Bureau department budget is being increased by $4,100 for the Cycle NC program.
The Library Services budget is being increased by $2,500 for the receipt of the LSTA EZ Grant.
The Soil and Water budget is being increased by $2,000 for the Chatham Farms Forever Day.
Budgetary Impact: The proposed amendments increase the General Fund by $188,253 and the appropriated fund balance by $179,653. General Fund use of contingency totals $30,000.
Recommendation/Motion: Motion to approve Fiscal Year 2024-2025 budget amendments as proposed by staff.