AGENDA ITEM EXECUTIVE SUMMARY
ITEM TITLE
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Approve the Miscellaneous Budget Ordinance Amendment to Adjust Various Fund Budgets for FY 2024-25.
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RESPONSIBLE STAFF, TITLE, DEPARTMENT
Amy Oland, Director, Business Management Department
Matt Brinkley, Assistant Director, Business Management Department
STAFF RECOMMENDATION
That the Council:
* Enact the attached budget ordinance amendment to adjust the General Fund, Grants Fund, Library Gift Fund, Climate Action Fund, Vehicle Replacement Fund, Debt Fund, and Parking Fund
* Enact the attached project ordinance amendments to adjust the 2015 Street and Sidewalks Fund and Community Development Block Grant Fund.
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ACTION/DECISION POINTS
By enacting the budget ordinance amendment, the Council adjusts the budgets for the General Fund, Grants Fund, Library Gift Fund, Climate Action Fund, Vehicle Replacement Fund, Debt Fund, and Parking Fund. By enacting the project ordinance amendments, the Council adjusts the budgets for the 2015 Streets and Sidewalks Bond Fund and the Community Development Block Grant 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:
NC Office of the State Fire Marshall (NC OFSM) Camp Ignite Grant - Enactment of the budget ordinance amendment would recognize and appropriate $7,500 from the NC OFSM for the Camp Ignite Program.
Traffic Revenue in Lieu - Enactment of the budget ordinance amendment would recognize and appropriate $5,000 from Trinsic Residential Builders for work at the Martin Luther King Jr. Blvd. and Estes Dr. intersection.
Grants Fund:
ABC Grant - Enactment of the budget ordinance amendment recognizes and appropriates $40,000 to support Police Department alcohol law enforcement efforts.
Mobile Crisis Unit - Enactment of the budget ordinance amendment recognizes and appropriates $207,036 from Orange County for...
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