Title
Vote on a request to approve Fiscal Year 2019-2020 Budget Amendments
Abstract
Action Requested: Vote on a request to approve budget amendments as proposed by staff
Introduction & Background: During the fiscal year, the budget must be amended as changing conditions warrant. The fiscal year 2019-2020 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 2020.
The Sheriff’s budget is being increased by $24,485 to reflect additional youth services donations, SCAAP funds received, and Electronic Monitoring Grant funds.
The Emergency Management budget is being increased by $15,000 to reflect additional Duke Energy funds.
The Facilities’ budget is being increased by $10,674 to cover the repair of damages at 118 W Street with insurance claim reimbursements.
The Planning budget is being increased by $155,629 to reflect the collection of Briar Chapel affordable housing fees.
The Mental Health budget is being increased by a total of $5,000 to cover additional ABC Cap Tax to Cardinal Health.
The Non-Profits budget is being increased by $153,597 to cover Rural Operating Assistance Program funds passed through to Chatham Transit.
The CVB budget is being increased by $726 to reflect the collection of Cycle NC donations.
The Library budget is being increased by $2,000 to cover grant expenses related to a library state grant award.
The General Services budget is being increased by $8,581,651 to reflect the COVID 19 Recovery Act grant funds and the approved 2019 refunding and installment financing contract.
The EDC’s budget is being increased by $150,000 to reflect the collection of NC DOT funds for the Cam Site.
The Facility/Debt Reserve’s budget is being increased by $2,173,650 to upfront the cost of the land purchase for the new emergency operations center.
The Finance budget is being increased by $13,000 through a transfer from contingency to cover the attorney fees associated with the unanticipated audit of the 2013 LOBs.
The Emergency Communications budget is being increased by $9,500 through a transfer from contingency to cover expenses deemed ineligible by the 911 board.
Budgetary Impact: The proposed amendments increase the General Fund by $9,087,762 and the Facility/Debt Reserve fund by $2,173,650. Transfers from general fund contingency total $22,500.
Recommendation: Motion to approve budget amendments as proposed by staff.