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Home My WebLink AboutORD-2024-016-Approval of Fiscal Year 2024-25 Budget Ordinances and County Fee Schedule Attachment 2 ORD - 2024- 016 ' (k6t i Fiscal Year 2024=25 Budget Ordinance Orange County , North Carolina i Be it ordained by the Board of Commissioners of Orange County Section I . Budget Adoption There is hereby adopted the following operating budget for Orange County for this fiscal year beginning July 1 , 2024 and ending June 30 , 2025 , the same being adopted by fund and activity , within each fund , according to the following summary : i I Current Interfund Fund Total Fund Balance Revenue Transfer Appropriated Appropriation General Fund $28673041076 $ 1 ) 0067039 $ 771007000 $29434103115 Emergency Telephone Fund $428 , 404 $ 0 $ 0 $428 , 404 p I Employee Health $ 14 , 872 , 653 $ 37172 , 894 $ 0 $ 187 045 , 547 and Dental Fund Fire Districts Fund $ 913621387 $ 0 $45 , 000 $ 974077387 1 Housing Choice $ 715427500 $ 0 $ 0 $ 77542 , 500 Voucher Fund c Visitors Bureau Fund $277503331 $ 0 $ 307 , 790 $ 33058 , 121 Solid Waste Operations $ 1112137886 $ 0 $ 117531402 $ 127967 , 288 Enterprise Fund Sportsplex r Operations $ 572141172 $ 0 $ 0 $ 532141172 Enterprise Fund Chapel Hill - Carrboro City $28 , 419 , 218 $ 0 $ 0 $ 2874197218 Schools District Tax Fund Parks Capital $ 101500 $ 0 $ 0 $ 10 , 500 Reserve Fund OPC Retiree $47454 $ 0 $ 0 $4 , 454 Health Fund DSS Trust Fund $ 2601000 $ 0 $ 0 $ 260 , 000 Jail Inmate Trust $ 315 , 000 $ 0 $ 0 $ 3151000 Fund 4 - H Fund $291200 $ 0 $ 3 , 425 $ 32 , 625 ORD - 2024- 016 Debt Service Fund $ 6823490 $ 31 , 390 , 000 $2 , 249 , 713 $ 34 , 322 , 203 Inspections Fund $ 1 , 381 , 840 $ 3841377 $ 0 $ 177661217 Community Giving $ 901000 $ 0 $ 0 $ 907000 Fund County Capital $ 0 $ 0 $ 356 , 539 $ 3561539 Reserve Fund Total $ 368 , 881 , 111 $ 35 , 953 , 310 $ 11 , 8151869 $ 416 , 650 , 290 Section II . Appropriations That for said fiscal year, there is hereby appropriated out the following : Function Appropriation General Fund Community Services $ 16 , 0967949 General Governemnt $ 121699 , 830 Public Safet $401930 , 579 Human Services $ 53 , 0231027 Education $ 11311151311 Support Services $ 181787 , 800 Transfer to Other Fund $ 3917567619 Total General Fund $ 294 , 410 , 115 Emergency Telephone System Fund Public Safet $4287404 Total Emergency Tele hone S stem Fund $428 , 404 Employee Health and Dental Fund Support Services $ 18 , 0457547 Total Employee Health and Dental Fund $ 18 , 045 , 547 Fire Districts Cedar Grove $ 360 , 002 Greater Chapel Hill Fire Service District $ 2881885 Damascus $ 1471547 Efland $ 1 , 0091707 Eno $ 172447121 Little River $4493274 New Hoe $ 111101858 Orange Grove $ 8681986 Orange Rural $ 211511867 South Orange Fire Service District $ 6591916 Southern Triangle Fire Service District $ 3531295 White Cross $ 7627929 Total Fire Districts Fund $ 9 , 4075387 Housin Choice Voucher Fund Human Services 735421500 2 ORD - 2024- 016 Total Housing Choice Voucher Fund $ 7 , 5423500 Visitors Bureau Fund Arts and Tourism $ 27834 , 121 Transfer to Other Funds $ 224 , 000 Total Visitors Bureau Fund $ 33058 , 121 Solid Waste Operations Enterprise Fund Community Services - Solid Waste/ Landfill Operations $ 11 , 0083818 Transfer to Other Funds $ 1 , 958 , 470 Total Solid Waste Operations Enterprise Fund $ 12 , 9671288 Sportsplex Operations Enterprise Fund Community Services $4 , 0987503 Transfer to Other Funds $ 171157669 Total S orts lex Operations Enterprise Fund $ 5 , 2143172 CHCCS District Tax Fund Education $28 , 419 , 218 Total CHCCS District Tax Fund $ 28541 % 218 Parks Capital Reserve Fund Community Services $ 10 , 500 Total Parks Capital Reserve Fund $ 10, 500 Orange - Person -Chatham Retiree Health Fund Support Services $41454 Total Oran gemPerson -Chatham Retiree Health Fund $ 4 , 454 DSS Trust Fund Human Services $2607000 Total DSS Trust Fund $ 260 , 000 Jail Inmate Trust Fund Public Safet $ 3157000 Total Jail Inmate Trust Fund $ 315 , 000 4 - H Fund Community Services $ 327625 Total 4-H Fund $ 32 , 625 Debt Service Fund Debt Service $ 3473227203 Total Debt Service Fund $ 34 , 322 , 203 Inspections Fund Community Services $ 177667217 Total Inspection Fund $ 1 , 7665217 Community Giving Fund General Government $ 907000 Total Community Giving Fund $ 90 , 000 County Capital Reserve Fund Transfer to Other Funds $ 3567539 Total County Capital Reserve Fund $ 356 , 539 3 ORD - 2024- 016 Section III . Revenues The following fund revenues are estimated to be available during the fiscal year beginning July 1 , 2024 and ending June 30 , 2025 , to meet the foregoing appropriations : Function Appropriation General Fund Property Tax $ 20179693345 Sales Tax $44 , 1397012 Licenses & Permits $ 2741200 Intergovernmental $22 , 0177818 Charges for Services $ 157103 , 690 Investment Earnings $ 178007000 Miscellaneous $ 170001011 Transfers from Other Funds $ 130067039 Appropriated Fund Balance $ 771003000 Total General Fund $294, 410, 115 Emergency Telephone System Fund Charges for Services $4287404 Total Emergency Telephone S stem Fund $428, 404 Employee Health and Dental Fund General Government Revenue $ 147872 , 653 From General Fund $ 3 , 1727894 Total Employee Health and Dental Fund $ 18, 045, 547 Fire Districts Property Tax $ 973551837 Interest on Investments $ 61 550 Appropriated Fund Balance $457000 Total Fire Districts Fund $9, 407y387 Housing Choice Voucher Fund Intergovernmental $ 71534 , 000 Interest on Investments $ 87500 Total Housing Choice Voucher Fund $ 7y542, 500 Visitors Bureau Fund Occupancy Tax $271261700 Sales & Fees $443 , 082 Intergovernmental $ 947280 General Government Revenue $ 867269 Appropriated Fund Balance $ 3077790 Total Visitors Bureau Fund $3, 0580121 Solid Waste Operations Enterprise Fund Sales & Fees $ 1075857886 Intergovernmental $428 , 000 Miscellaneous $ 65 , 000 Interest on Investments $ 1353000 Appropriated Fund Balance $ 117537402 4 ORD - 2024 - 016 Total Solid Waste Operations Enterprise Fund $ 124f967, 288 S orts lex Operations Enterprise Fund Charges for Services $ 51214 , 172 Total S orts lex Operations Enterprise Fund $5, 214, 172 Chapel Hill =Carrboro City Schools District Tax Fund Property Tax $ 2834191218 Total Chapel Hill- Carrboro City Schools District Tax Fund $287419, 218 Parks Capital Reserve Fund Miscellaneous $ 101500 Total Parks Capital Reserve Fund $ 10, 500 Orange - Person -Chatham ( OPC ) Retiree Health Fund Interest on Investment $4 , 454 Total OPC Retiree Health Fund $4, 454 DSS Trust Fund General Government Revenue $ 260 , 000 Total DSS Trust Fund $260, 000 Jail Inmate Trust Fund i Miscellaneous $ 3151000 Total Jail Inmate Trust Fund $315, 000 4 - H Fund General Government Revenue $ 14 , 200 Charges for Services $ 157000 Appropriated Fund Balance $ 3 , 425 Total 4-H Fund $32, 625 Debt Service Fund I General Government Revenue $410 , 816 Intergovernmental Revenue $271 , 674 From General Fund $ 31 , 3907000 Appropriated Fund Balance $272497713 Total Debt Service Fund $34, 3224f203 Inspections Fund 4 Charges for Services $ 113811840 From General Fund $ 3841377 Total Inspections Fund $ 1, 766, 217 Community Giving Fund Donations $ 90 , 000 Total Community Giving Fund $90, 000 County Capital Reserve Fund Appropriated Fund Balance $ 3561539 Total County Capital Reserve Fund $356, 539 5 ORD - 2024 - 016 Section IV. Tax Rate Levy There is hereby levied for the fiscal year 2024-25 a general county-wide tax rate of 86 . 29 cents per $ 100 of assessed valuation . This rate shall be levied in the General Fund . Special district tax rates are levied as follows : Cedar Grove 9 . 00 Greater Chapel Hill Fire Service District 13 . 87 Damascus 12 . 80 Efland 10 . 28 Eno 11 . 98 Little River 7 . 39 New Hope 13 . 84 Orange Grove 8 . 27 Orange Rural 11 . 49 South Orange Fire Service District 9 . 09 Southern Triangle Fire Service District 12 . 80 White Cross 13 . 84 Chapel Hill - Carrboro City School District 19 . 80 Section V. General Fund Appropriations for Local School Districts The following FY 2024 -25 General Fund Appropriations for Chapel Hill - Carrboro City Schools and Orange County Schools are approved : a ) Current Expense appropriation for local school districts totals $ 108 , 090 , 282 , and equates to a per pupil allocation of $ 5 , 666 . 1 ) The Current Expense appropriation to the Chapel Hill - Carrboro City Schools is $63 , 124 , 906 . 2 ) The Current Expense appropriation to the Orange County Schools is $441 965 , 376 . b) School Related Debt Service for local school districts totals $ 19 , 182 , 204 . c) Additional County funding for local school districts totals $ 7 , 064 , 666 . • School Resource Officers and School Health Nurses Contracts - total appropriation of $4 , 004 , 666 to cover the costs of School Resource Officers in every middle and high school , and a School Health Nurse in every elementary , middle , and high schools in both school systems . • Recurring Capital — total pay- as -you - go funding of $ 3 , 060 , 000 to cover recurring capital funding at both school districts . These funds support facility improvements , equipment and furnishings and vehicle purchases for the districts . 6 I I G i i ORD - 2024 - 016 Section VI . Schedule B Privilege Licenses In accordance with Schedule B of the Revenue Act , Article 2 , Chapter 105 of the North Carolina State Statutes , and any other section of the General Statutes so permitting , there are hereby levied privilege license taxes in the maximum amount permitted on businesses , trades , occupations or professions which the County is entitled to tax . Section VII . Board of Commissioners ' Compensation The Board of County Commissioners authorizes that : ff • For fiscal year 2024-25 , the approved budget includes a 4 % wage increase and Merit Pay . • Annual compensation for County Commissioners will include the County contribution for health insurance , dental insurance and life insurance that is provided for permanent County employees , provided the Commissioners are eligible for this coverage under the insurance contracts and other contracts affecting these benefits . f... f • Merit Pay for County Commissioners is received as a one -time bonus each year and payable in December. I# • County Commissioners ' compensation includes eligibility to continue to participate in the County health insurance at term end as provided below : o If the County Commissioner has served less than two full terms in office r ( less than eight years ) , the Commissioner may participate by paying the full cost of such coverage . ( If the Commissioner is age 65 or older , Medicare becomes the primary insurer and group health insurance ends . ) r o If the County Commissioner has served two or more full terms in office ( eight years or more) , the County makes the same contribution for health insurance coverage that it makes for an employee who retires from Orange Count after 20 ears of consecutive Count service as a permanent j y y y employee . If the Commissioner is age 65 or older, Medicare becomes the primary insurer and group health insurance ends . The County makes the same contribution for Medicare Supplement coverage that it makes for a retired County employee with 20 years of service . I o Annual compensation for Commissioners will include a County contribution for each Commissioner to the Deferred Compensation (457 ) Supplemental Retirement Plan that is the same as the County contribution for non - law enforcement County employees in the State 401 ( k) plan . For fiscal year 2024 -25 , the approved budget continues the County contribution of $ 100 per pay period . Reduction in Force — Due to an ending of ARPA funding , the Manager recommends that 1 the Orange County Board of Commissioners declare that a reduction in force is necessary that will result in the deletion of one position . is 7 ORD - 2024- 016 Section VIII . Budget Control General Statutes of the State of North Carolina provide for budgetary control measures to exist between a county and public school system . The statute provides : Per General Statute I I5C =429 : ( c) The Board of County Commissioners shall have full authority to call for , and the Board of Education shall have the duty to make available to the Board of County Commissioners , upon request , all books , records , audit reports , and other information bearing on the financial operation of the local school administrative unit . The Board of Commissioners hereby directs the following measures for budget administration and review : That upon adoption , each Board of Education will supply to the Board of County Commissioners a detailed report of the budget showing all appropriations by function and purpose , specifically to include funding increases and new program funding . The Board of Education will provide to the Board of County Commissioners a copy of the annual audit , monthly financial reports , copies of all budget amendments showing disbursements and use of local moneys granted to the Board of Education by the Board of Commissioners . The Board of Commissioners hereby approves the following financial policies : • The County will initiate measures to recoup sales tax proceeds on school capital projects through the conveyance of school property to the County with the school property reverting back to the school districts at the end of the construction period . • The County will ensure that all monthly general ledger postings occur by the 10tn work day of each month . • The County will ensure that monthly financial reports are available by the 15tn work day of each month . • The County will not issue debt for a project until a bid award date and construction start date is established . • Whereas , it is a best practice for governments to account for capital assets separate from their operating funds , and ; Whereas , enterprise funds generally establish Renewal and Replacement Capital Funds to account for the acquisition of capital assets ; Therefore , a . The Solid Waste Renewal and Replacement Capital Fund is established to account for sources of income earmarked to fund the County Capital Investment Plan . Sources of income including debt financing proceeds , pay- as -you -go funds , and any other sources earmarked to finance acquisition of capital assets . b . The Sportsplex Renewal and Replacement Capital Fund is established to account for sources of income earmarked to fund the County Capital Investment Plan . Sources of income including debt financing proceeds , pay- as -you -go funds , and any other sources earmarked to finance acquisition of capital assets . • Whereas , the County intends to undertake Capital Projects as approved in Year 1 ( FY 2024 -25 ) of the Capital Investment Plan , will use its own funds to pay initial Project costs , and then reimburse itself from financing proceeds for these early expenditures . The expected primary type of financing for the Projects is installment financing under Section 160A-20 . The financing may include more than one installment financing , and may include installment financings with 8 i I i I ORD - 2024- 016 i equipment vendors and installment financings that include the use of limited obligation bonds . The Manager and Finance Officer have advised the Board that it should adopt this resolution to document the County ' s plans for reimbursement , in order to comply with certain federal tax rules relating to reimbursement from financing proceeds . • The Community Loan Fund will issue no interest loans to recipients in this E program . • The County has adopted a policy to fund no interest loans to Non - Profit G organizations that meet certain financial criteria , as adopted on September 20 , 2018s • The County will include in its Travel Policy that travel expenses for Commissioners and County Staff will include the purchase of carbon offsets for I any airfare and the miles traveled by Car Share vehicles . • The Governmental Accounting Standards Board ( GASB ) established GASB (' Statement Number 87 for Leases and GASB 96 for Subscription - Based Information Technology Arrangements ( SBITAs ) . The purpose of these two i statements are to provide uniform accounting and financial reporting on E government entities ' financial statements . • To effectively comply with GASB 87 and 96 , the County will establish a capitalization threshold for Leases and SBITAs of $ 50 , 000 or higher . Leases and SBITAs at $ 50 , 000 and higher will be reported on the County ' s financial statements to meet the GASB requirements . Section IX . Internal Service Fund - Health and Dental Insurance Fund The Health and Dental Insurance Fund accounts for receipts of premium payments from the County and its employees , employees for their dependents , all retirees and the payment of employee and retiree claims and administration expenses . Projected receipts and fund reserves from the County and employees for fiscal year 2024 -25 will be $ 18 , 045 , 547 and projected expenses for claims and administration for fiscal year 2024- 25 will be $ 18 , 045 , 547 Section X. Other Post Employment Benefits Fund Orange County , North Carolina k Other Post- Employment Benefits ( OPEB ) Investment and Funding Policy • Each fiscal year the County funds its OPEB benefits coming due to current retires on a pay- as—you -go ( PAYGO ) basis from the Health and Dental Fund . • The County recognizes that by setting additional funds from the PAYGO amounts now to pay future benefits , the County can pay a portion of those future benefits from investment earnings on those funds . • The County strives to make investments consistent with the long -term nature of assets set aside for payment of OPEB benefits . The County will invest funds through f; the NC Treasurer' s Office in Equites , Long -term Bonds and other investments as authorized by North Carolina General Statutes 147 - 69 . 2 ( b5 ) . • The Finance Officer will regularly evaluate the appropriate allocation of such OPEB investments between Equities , Long -term Bonds and Shorter-term investments and make adjustments as necessary . Section XI . Custodial Funds Custodial Funds are used to report any fiduciary activities not reported in Investment Trust or Private- Purpose Trust Funds . In North Carolina , examples of Custodial Funds are the Jail Inmate Fund , and the property taxes collected by the County on behalf of a municipality (the Chapel HilkCarrboro City Schools District Tax Fund ) . 9 ORD - 2024- 016 Section XII . Encumbrances Operating funds encumbered by the County as of June 30 , 2024 are hereby reappropriated to this budget . Section XIII . Capital Projects & Grants Fund The County Capital Improvements Fund , Schools Capital Improvements Fund , Proprietary Capital Funds , and the Grant Projects Fund are hereby authorized . Appropriations made for the specific projects or grants in these funds are hereby appropriated until the project or grant is complete . a . The County Capital Projects Fund FY 2024 -25 budget , with anticipated fund revenues of $ 15 , 889 , 808 and project expenditures of $ 15 , 889 , 808 is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 , and the same is adopted by project . b . The Proprietary Capital Funds FY 2024-25 budget , consisting of Water and Sewer Utilities , Solid Waste , and Sportsplex , with anticipated fund revenues of $2 , 963 , 979 , and project expenditures of $ 2 , 963 , 979 is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 , and the same is adopted by project . i . The Water and Sewer Capital Fund FY 2024 -25 budget , with anticipated sources of income of $ 500 , 000 , and anticipated expenditures of $ 500 , 000 is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 . ii . The Solid Waste Renewal and Replacement Capital Fund FY 2024-25 budget , with anticipated sources of income of $ 2 , 138 , 979 , and anticipated expenditures of $2 , 138 , 979 is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 . film The Sportsplex Renewal and Replacement Capital Fund FY 2024-25 budget , with anticipated sources of income of $ 325 , 000 , and anticipated expenditures of $ 325 , 000 is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 . c . The School Capital Projects Fund FY 2024 -25 budget , with anticipated fund revenues of $ 32 , 285 , 071 , and project expenditures of $ 32 , 285 , 071 is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 , and the same is adopted by project . 10 ORD - 2024 - 016 Revenues Function Appropriation Article 46 Sales Tax Proceeds $ 31195 , 999 Debt Financing $ 14 , 5151324 Debt Financing - Article 46 Sales Tax $ 5001000 Debt Financing - School Improvements $ 2416267718 Debt Financing - Solid Waste $ 1 , 181 , 869 Debt Financing - Sportsplex $ 2207000 Lottery Proceeds $ 174027354 Partner Funding - County Capital $ 9 , 000 Register of Deeds Fees $ 80 , 000 Solid Waste Funds $ 957 , 110 Sportsplex Funds $ 1057000 Transfer from General Fund $473453484 Total Capital Fund $51, 138, 858 Appropriations Function Appropriation Count County Assets and Community Centers $ 107134 , 203 € Information Technology $ 882 , 000 Parks , Open Space , and Trail Development $4307400 j Public Safety $4 , 4433205 County Total $ 15388 % 808 Proprietary Solid Waste $ 21138 , 979 Sportsplex $ 3257000 Water & Sewer Utilities $ 5007000 Proprietary Total $ 2 , 963 , 979 School Chapel HIlkCarrboro City Schools $ 16 , 224 , 511 Orange County Schools $ 16 , 060 , 560 School Total $ 3232859071 Total Capital Fund $51, 138, 858 The County Grant Projects Fund FY 2024-25 budget , with anticipated fund revenues of $2827000 ) and project expenditures of $ 282 , 000 , is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 , and the same is adopted by project . Revenues Function Appropriation Intergovernmental $ 182 , 000 Donations $ 1007000 Total Grants Fund $282, 000 11 ORD - 2024- 016 Appropriations Function Appropriation Master Aging Plan ( Department on Aging ) $ 100 , 000 Local Reentry Council Grant ( Criminal Justice $ 1501000 Resource Department Drug Treatment Court ( Criminal Justice $ 327000 Resource Department Total Grants Fund 1 $282, 000 The Article 46 Sales Tax Fund FY 2024-25 budget , with anticipated fund revenues of $ 6 , 391 , 998 and project expenditures of $ 6 , 391 , 9987 is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 , and the same is adopted by project . Revenues Function Appropriation Sales Tax $ 673911998 Total Article 46 Fund $6, 391, 998 Appropriations Function Appropriation Transfer to School Capital Fund $ 3 , 1951999 Economic Development $ 371957999 Total Article 46 Fund $6, 391, 998 The Community Development Fund FY 2024 -25 budget , with anticipated fund revenues of $ 1 , 513 , 976 and project expenditures of $ 1 , 513 , 976 , is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 , and the same is adopted by project . Revenues Function Appropriation Intergovernmental $ 13036 , 806 Transfer from General Fund $463 , 864 Program Income $ 137306 Total Community Development Fund $ 1, 513, 976 Appropriations Function Appropriation Human Services $ 175131976 Total Community Development Fund $ 1, 513, 976 The Opioid Settlement Fund FY 2024 -25 budget , with anticipated fund revenues of $ 886 , 657 and project expenditures of $ 886 , 657 , is hereby adopted in accordance with G . S . 159 by Orange County for the fiscal year beginning July 1 , 2024 , and ending June 30 , 2025 , and the same is adopted by project . 12 ORD - 2024- 016 Revenues Function Appropriation Intergovernmental $ 8867657 Total Opioid Settlement Fund $8864f657 Appropriations Function Appropriation Naloxone Distribution $ 531500 Unallocated $ 8333157 Total Opioid Settlement Fund $886, 657 Any capital project or grant budget previously adopted , the balance of any anticipated , but not yet received , revenues and any unexpended appropriations remaining on June 30 , 2024 , shall be reauthorized in the FY 2024-25 budget . Section XIV. Contractual Obligations and Disposal of Property The County Manager is hereby authorized to execute contractual documents and dispose of property under the following conditions : a . The Manager may execute contracts for construction or repair projects that do not require formal competitive bid procedures , and which are within budgeted departmental appropriations , for which the amount to be expended does not exceed $ 250 , 000 . b . The Manager may execute contracts for general and/or professional services which are within budgeted departmental appropriations , for purchases of apparatus supplies and materials or equipment which are within the budgeted departmental appropriations , and for leases of property for a duration of one year or less and within budgeted departmental appropriations for which the amount to be expended does not exceed $ 90 , 000 . c . The Manager is authorized to execute contracts , their amendments and extensions , in amounts otherwise reserved for Board approval and execution by the Chair , up to the Board - approved budgetary amount for a project or service that has been approved by the Board of County Commissioners in the current year budget . This section does not apply to projects in which the Board must approve and award a bid . d . Contracts executed by the Manager shall be pre- audited by the Chief Financial Officer and reviewed by the County Attorney to ensure compliance in form and sufficiency with North Carolina law . e . The Manager may sign intergovernmental service agreements in amounts under $ 90 , 000 . f. The Manager may sign intergovernmental grant agreements regardless of am ount as long as no expenditure of County matching funds , not previously budgeted and approved by the Board , is required . Subsequent budget amendments will be brought to the Board of County Commissioners for revenue generating grant agreements not requiring County matching funds as required for reporting and auditing purposes . c 13 ORD - 2024- 016 g . Upon the Manager' s determination that certain property is surplus the Manager may dispose of County personal property consisting of one item or a group of similar items having a value of less than $ 30 , 000 . In disposing of the property the Manager may utilize any lawful method of disposal including and not limited to private or public sale , exchange , auction , etc . The Manager shall seek fair market value for the property . Consideration may consist of items and things other than currency . The Manager shall keep a record of all property sold under this section and that record shall generally describe the property sold or exchanged , to whom it was sold , or with whom exchanged , and the amount of money or other consideration received for each sale or exchange . h . The Manager is authorized to approve and execute leases of County property for a term not exceeding one year . Such leases of County property may not be extended beyond one year except by action of the Board of Commissioners . Section XV. Micro - purchase Threshold a . In accordance with 2 C . F . R . § 200 . 320 ( a ) ( 1 ) ( iv) and the applicable provisions of North Carolina law , the County hereby self- certifies the following micro - purchase thresholds , each of which is a " higher threshold consistent with State law" under 2 C . F . R . § 200 . 320 ( a) ( 1 ) ( iv) ( C) for the reasons set forth in the recitals to this resolution : 1 . $ 307000 , for the purchase of " apparatus , supplies , materials , or equipment" ; and 2 . $ 30 , 000 , for the purchase of " construction or repair work" ; and 3 . $ 50 , 000 , for the purchase of services not subject to competitive bidding under North Carolina law ; and 4 . $ 50 , 000 , for the purchase of services subject to the qualifications - based selection process in the Mini - Brooks Act ; provided that such threshold shall apply to a contract only if the County has exercised an exemption to the Mini - Brooks Act , in writing , for a particular project pursuant to G . S . 143 - 64 . 32 . If the exemption is not authorized , the micro- purchase threshold shall be $ 0 . b . The self- certification made herein shall be effective as of the date hereof and shall be applicable until June 30 , 2025 . c . In the event that the County receives funding from a federal grantor agency that adopts a threshold more restrictive than those contained herein , the County shall comply with the more restrictive threshold when expending such funds . d . The County shall maintain documentation to be made available to a Federal awarding agency , any pass -through entity , and auditors in accordance with 2 C . F . R . § 200 . 334 . e . The Chief Financial Officer of the County is hereby authorized to revise the Purchasing Policy of the Unit to reflect the increased micro - purchase thresholds specified herein as necessary , and to take all such actions to carry into effect the purpose and intent of the foregoing resolution . 14