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HomeMy WebLinkAboutAgenda - 10-06-1998 - 8aOrange County Board of County Commissioners Action Agenda Item No ~~, Action Agenda Item Abstract Meeting Date: October 6, 1998 Subject: Budget Amendment # 2 Department Budget Office Attachment(s) Proposed Budget Amendment Public Hearing Yes No _x_ Budget Amendment Needed Yes No _x_ Information Contact Donna Dean, Budget Director Extension 2151 Telephone Numbers Hillsborough ~ 32-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 227-2031 Purpose: To consider proposed budget ordinance amendment. Background: On June 30 of each year, certain designated appropriations are not fully expended. Many of these are related to outstanding purchase orders, where goods and services have been ordered but not yet received and/or paid. In accordance with the annual budget ordinance, funds for outstanding purchase orders are automatically reappropriated in the new budget. Other appropriations are not fully expended at the end of the fiscal year, and because there is no purchase order, are not authorized through the budget ordinance to be reappropriated. Funds for these planned but unencumbered expenditures are set aside as a reserved portion of fund balance. In order to carry these funds forward and to authorize their expenditure in fiscal year 1998-99, it is necessary for the Board to approve the attached amendment. Recommendation: The Manager recommends that the Board of Commissioners approve the attached budget ordinance amendment. Orange County Proposed 1998-99 Budget Amendment The 1998-99 Orange County Budget Ordin General Fund Revenue Prope Taxes $ - Sales Taxes $ - License and Permits $ - Intergovernmental $ - Charges for Service $ - Investment Earnin s Miscellaneous Transfers from Other Funds Fund Balance $ 299,687 Total $ 299,687 Expenditures Community Maintenance $ 44,783 General Administration $ - Tax and Records $ - Community Plannin $ 24,030 Human Services $ 83,200 Public Safety $ 24,689 Public Works $ 20,700 Education Non De artmental: Outside Agencies Miscellaneous $ 102,285 Debt Service Transfers Out Total Gen Fund Appropriation $ 299,687