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HomeMy WebLinkAboutAgenda 12-12-23; 8-d - Fiscal Year 2023-24 Budget Amendment #4 1 ORD-2023-043 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: December 12, 2023 Action Agenda Item No. 8-d SUBJECT: Fiscal Year 2023-24 Budget Amendment #4 DEPARTMENT: County Manager's Office ATTACHMENT(S): INFORMATION CONTACT: Attachment 1. Year-to-Date Budget Kirk Vaughn, (919) 245-2153 Summary PURPOSE: To approve budget, grant, and capital project ordinance amendments for Fiscal Year 2023-24. Housing Department 1. The Housing Choice Voucher Program has identified that it will receive a larger share of administrative dollars this year due to placing more housing clients on vouchers than anticipated. This will add an additional $128,800 in HUD grant funds to administer the Housing Choice Voucher Program. The department will use these administrative funds to assist clients in clearing barriers to housing, such as paying security deposits, utility fees and upfront deposits. This adds $128,800 in authorization to the Housing Choice Voucher Fund, outside of the General Fund. 2. The Town of Chapel Hill has contracted with the County's Housing Department to supplement the Longtime Homeowner's Assistance Program specifically for Town of Chapel Hill residents. The town will provide an additional $75,000 to offset the tax bills of eligible residents in the town. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable to this item: • GOAL: FOSTER A COMMUNITY CULTURE THAT REJECTS OPPRESSION AND INEQUITY The fair treatment and meaningful involvement of all people regardless of race or color; religious or philosophical beliefs; sex, gender or sexual orientation; national origin or ethnic background; age; military service; disability; and familial, residential or economic status. • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary for residents to provide shelter, food, clothing and medical care for themselves and their dependents. 2 Planning And Inspections 3. The County has authorized a settlement of $15,800 with a resident due to an error related to the installation of Orange Water and Sewer Authority (OWASA) sanitary sewer at 7731 Rogers Road. This action will appropriate fund balance to cover the cost of this settlement. 4. This budget amendment provides for the transfer of $30,000 from the County Capital Reserve Fund to the Community Loan Fund to support County-wide no interest loans for sewer connection. The loans range from $3,500 to $10,000 with a 10-year repayment. Per the Community Loan Fund terms, the loan is secured by a deed of trust and the borrowed loans will be itemized on the recipient's annual County tax bill for the annual payment. This budget amendment increases the authorization in the County Capital Reserve Fund and the Community Loan Fund by $30,000. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to these items: • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs, and funding necessary for residents to provide shelter, food, clothing, and medical care for themselves and their dependents. Orange County Transportation Services 5. The Orange County Transportation Services Department has received notification of additional revenue of $37,430 from North Carolina Department of Transportation for the FY2024 Rural Operating Assistance Program (ROAP). This budget amendment provides for the receipt of these additional funds in the General Fund for the cost of operating expenses in the department. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to this item: • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary for residents to provide shelter, food, clothing and medical care for themselves and their dependents. Department of Social Services 6. At the end of FY 2022-23, the County had $7,879 in unspent State funded Juvenile Crime Prevention Council (JCPC) administration funds. These funds transferred to Fund Balance at the end of the fiscal year. This amendment draws these funds from Fund Balance for return back to the State. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to this item: • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary for residents to provide shelter, food, clothing and medical care for themselves and their dependents. 3 ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal impacts associated with these items other than as noted otherwise above. FINANCIAL IMPACT: Financial impacts are included in the background information above. This budget amendment provides for the receipt of these additional funds in FY 2023-24 and increases the General Fund by $136,109, the Housing Choice Voucher Fund by $128,80, the Community Loan Fund by $30,000, and the County Capital Reserve Fund by $30,000. RECOMMENDATION(S): The Manager recommends the Board approve the budget, grant, and capital project ordinance amendments for Fiscal Year 2023-24. 4 Year-To-Date Budget Summary Fiscal Year 2023-24 Housing County Commun Fund Budget Summary General Fund Choice Capital ity Loan Voucher Reserve Fund Fund Original Budget Revenue $271,114,238 $6,858,632 $0 Interfund Transfer Revenue $1,391,290 Fund Balance Appropiation $7,000,000 $1,038,010 Total Original Budget $279,505,528 $6,858,632 $1,038,010 $0 Additional Revenue Received Through Budget Amendment#4(December 12,2023) Grant Funds $774,025 $146,254 Non Grant Funds $91,241 Additional Interfund Transfer Revenue $44,338 $30,000 Additional Fund Balance Appropriation $33,256 $98,088 Total Amended Budget $280,448,388 $7,004,886 $1,136,098 $30,000 Dollar Change in 2023-24 Approved Budget $942,860 $146,254 $98,088 $30,000 % Change in 2023-24 Approved Budget 0.35% 2.13% 100.00% 100.00% Authorized Full Time Equivalent Positions Original Approved Full Time Equivalent Positions(includes Permanent and Time Limited) 1,001.800 5.850 Changes to Full Time Equivalent Positions Amended Approved General Fund Full Time Equivalent Positions 1,001.800 5.850 0.000 0.000 Total Approved Full-Time-Equivalent Positions for Fiscal Year 2023-24 1,001.800 5.850 0.000 0.000