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Approve the Year-End Miscellaneous Budget Ordinance Amendments to Adjust Various Fund Budgets for FY 2018-19.
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Staff:
Department:
Amy Oland, Director
Business Management
Overview: After the Council approves the annual budget, periodic changes require the Town to amend the original budget.
Recommendation(s):
That the Council:
* Enact the attached budget ordinance amendments to adjust the General Fund, Grants Fund, Stormwater Fund, Vehicle Maintenance Fund and Transit Capital Reserve Fund; and
* Enact the attached project ordinance amendments to adjust the Capital Projects Ordinance Fund, Affordable Housing Fund, 2015 Streets and Sidewalks Bond Fund, and Transit Capital Grants Fund; and
* Adopt the attached resolutions to accept the ABC Grant and FY 2018 CMAQ Grant.
Key Issues:
* General Fund
Rogers Road - In the adopted budgets for FY2015- FY2018, $100,000 was budgeted annually for the Community Center project in the Rogers Road neighborhood. The current total accumulated over the four years is $400,000. Enactment of the attached budget ordinance amendment for the General Fund reduces the amount appropriated for this project in the General Fund and appropriates the $400,000 as a transfer to the Capital Projects Ordinance Fund where the Rogers Road project has an existing project budget to be used towards future year payments to Orange County.
Fiber Line Repairs - The Town received $22,406 from Choate Construction Company to reimburse the Town for emergency repair work performed on 144 feet of Town fiber cable along Manning Drive. The existing cable was damaged by construction work performed by Choate Construction Company. Enactment of the attached budget ordinance amendment for the General Fund recognizes the $22,406 received as reimbursement and appropriates the $22,406 to pay for the repair services rendered.
* Grants Fund
The Orange County ABC Board has awarded the Town of Chapel Hill $31,000 to continue support for the Police Departmen...
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