AGENDA ITEM EXECUTIVE SUMMARY
ITEM TITLE*
title
Miscellaneous Budget Ordinance Amendment
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RESPONSIBLE STAFF, TITLE, DEPARTMENT*
Amy Oland, Director, Business Management
Matt Brinkley, Assistant Director, Business Management
STAFF RECOMMENDATION*
That the Council:
* Enact the attached budget ordinance amendment to adjust the General Fund, Capital Improvement Fund, Grants Fund, Transit Fund, Library Gift Fund, Vehicle Replacement Fund, and Climate Action Fund; and
* Enact the attached project ordinance amendments to adjust the 2018 Affordable Housing Bond Fund, Affordable Housing Fund, and Transit Grants Fund.
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ACTION/DECISION POINTS*
By enacting the budget ordinance amendment, the Council adjusts the budgets for the General Fund, Capital Improvement Fund, Grants Fund, Transit Fund, Library Gift Fund, Vehicle Replacement Fund, and Climate Action Fund. By enacting the project ordinance amendments, the Council adjusts the budget for the 2018 Affordable Housing Bond Fund, Affordable Housing Fund, and Transit Grants Fund.
LEGISLATIVE CONTEXT*
After the Council approves the annual budget, periodic changes require the Town Council to amend the current budget, as described in state statute 159-15.
BACKGROUND AND CONTEXT*
General Fund:
Payment in Lieu - Enactment of the attached budget ordinance amendment recognizes and appropriates $40,015 in payment in lieu for sidewalk and roadway improvements along Homestead Rd.
North Carolina League of Municipalities (NCLM) Grant - Enactment of the attached budget ordinance amendment recognizes and appropriates a grant in the amount of $5,000 for the purchase of ballistic vests to increase firefighter safety.
Reimbursement for tree planting - Enactment of the attached budget ordinance amendment recognizes and appropriates $14,673 for the purchase of trees, shrubs, and signage for the buffer restoration project along Dickerson Court.
UNC Work Study - Enactment of the attached budget ordinance amendment recognizes and ...
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