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HomeMy WebLinkAboutNSN ORD-1995-009 Budget Ordinance Amendment #3 - Agenda - 10-17-1995 - VIII-CI Orange County Board of County Commissioners Action Agenda Item No Action Agenda Item Abstract Meeting Date: October 17, 1995 Subject: Budget Amendment #3 Department Budget Office Attachment(s) Proposed Budget Ordinance Amendment County Capital Project Ordinance Purpose Public Hearing Yes No x Information Contact Budget Office, ext. 2150 Telephone and Extension Number Hillsborough 732 -8181 Chapel Hill 988 -4501 Durham 888 -7331 Mebane 227 -2031 To approve proposed budget ordinance amendment and capital project ordinance. 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 fiscal year budget ordinance, funds for outstanding purchase orders are automatically reappropriated in the new budget. Other appropriations, such as to the Carrboro Library, 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 1995 -98, it is necessary for the Board to approve the attached amendment. Recommendation The Manager recommends that the Board of County Commissioners adopt the proposed budget ordinance amendment and capital project ordinance. z Equipment and Vehicles Project Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized will provide for purchase of County -owned vehicles and major equipment. The project will be financed with proceeds from the County's portion of the one half cent sales taxes and grant funds from the North Carolina Department of Transportation. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: Transfer from County Capital Reserve Fund (1992 -93) $295,300 Transfer from General Fund (1993 -94) 391,615 Trans. f er from General Fund (1994 -95) 4659229 Transfer from General Fund (1995 -96) 299,415 Transfer from EMS Base 2 Project (1995 -96) 10.000 Total Transfers from Other Funds $1,461,559 Intergovernmental (1992 -93) $32,935 Intergovernmental (1993 -94) 4t688 Intergovernmental (1994 -95) 131.,129 Total Intergovernmental l 752 County Capital Fund Balance (1994 -95) 100000 Total Revenue $19640.311 Section 4. The following amount is appropriated for this project: Equipment and Vehicles ,$1,6409311 Section 5. This ordinance supersedes all previous Equipment Replacement Capital Project ordinances. Section 6. This ordinance shall be in effect from the date of adoption until June 30, 1996. Adopted this 17th day of October 1995. M: \svDGETn9596 \OROs\COVCAPEQUIPREP 3 Orange County Proposed 1995 -96 Budget Amendment The 1995 -96 Orange County Budget Ordinance is amended as follows: Before After Amendment Amendment Amendment General Fund Appropriation(s) Community Maintenance $768,937 $5,671 $775,608 Community Planning $1,4530814 $10,990 $11464,804 Human Services $16,525,151 $171'271 $16,542,422 Public Safety $6,626,447 $19,778 $6,646,225 Public Works $27790,606 $9,000 $2,799,606 Contributions to outside Agencies $213109542 $181185 $293287727 Miscellaneous Appropriations $707,385 $45,331 $752,716 Transfers to other Funds $51384,022 $5,000 $5,389,022 Source(s) Intergovernmental $818711449 $16,352 $8,887,801 Appropriated Fund Balance $110667103 $115,874 $11181,977 Also see attached "Equipment and Vehicles capital Project ordiance ". To budget prior year expenditure cant'- forwards. Budget Amendment #3 17-Oct-95 If