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 Emergency Management department’s budget is being increased by $25,000 to cover grant expenses related to a Duke Energy grant.
The Library department’s budget is being increased by $70,023 to cover expenses related to a donation from the Friends of the Chatham County Library and a grant received from the NC Department of Natural and Cultural Resource.
The Sustainability department’s budget is being increased by $10,000 to cover grant expenses related to a grant awarded by NC Environmental Quality.
The Economic Development department’s budget is being increased by $67,000 to cover expenses related to a grant awarded by NC Department of Commerce.
The Nonprofit Allocation budget is being increased by $149,156 to cover ROAP funds received.
The Sheriff department’s budget is being increased by $34,167 to cover grant expenses related to a grant awarded by State Criminal Alien Assistance.
The Land Preservation department’s budget is being increased by $990,963 with an appropriation to fund balance to cover the sales tax article 46 land preservation transfer.
The Forfeited Property Fund budget is being increased by $225,000 with an appropriation to fund balance to cover the purchase of law enforcement supplies.
The Fleet department’s budget is being increased by $10,000 with a transfer from contingency to cover the purchase of a vehicle life for the bus garage. The Sustainability department’s budget is being increased by $4,700 with a transfer from contingency to cover the expenses related to large trash disposals.
The Nonprofit Allocation budget is being increased by $35,000 with a transfer from Mental Health department to cover expenses related to the Chatham County child and family mental health treatment program.
Budgetary Impact: The proposed amendments increase the General Fund by $1,346,309 including an increase to appropriated fund balance in the amount of $990,963. The proposed amendments increase the Forfeited Property Fund by $225,000 with an appropriation to fund balance. Transfers from general fund contingency total $14,700. Departmental transfers total $35,000.
Recommendation: Motion to approve budget amendments as proposed by staff.