Title
Vote on a request to approve Fiscal Year 2022-2023 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 2022-2023 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 2023.
The Sheriff department’s budget is being increased by $19,312 to cover expenses related to a state block grant to purchase law enforcement equipment.
The Mental Health department’s budget is being increased by $6,500 to cover additional expenses related to ABC Cap tax to Cardinal Health.
The Recreation department’s budget is being increased by $10,000 with an appropriation to fund balance to cover expenses related to the Parks Foundation fund.
The General Services department’s budget is being increased by $1,700,000 due to additional Medicaid hold harmless revenue received and $62,123 to cover additional expenses related to the Local Assistance and Trial Consistency Fund.
The Building Inspections department’s budget is being increased by $300,000 due to additional inspections revenue received.
The Tourism department’s budget is being increased by $35,000 due to additional Occupancy tax revenue received.
The General Services department’s budget is being increased by $1,200,000 due to additional property tax revenue received.
The 911 fund is being increased by $225,000 with an appropriation to fund balance to cover expenses related to reimbursing the NC911 board due to an overpayment made during FY22.
The Forfeited Property fund is being increased by $50,000 to cover expenses related to additional forfeited property revenue.
The Facilities department’s budget is being increased by $426,181 with a transfer from capital reserves to cover expenses related to the capital maintenance and replacement project.
Budgetary Impact: The proposed amendments increase the General Fund by $3,332,935 and the appropriated fund balance by $10,000. The proposed amendments increase the E911 Telephone by $225,000 with an appropriation to fund balance. The proposed amendments increase the Forfeited Property Fund by $50,000. Transfers between departments total $426,181.
Recommendation: Motion to approve budget amendments as proposed by staff.