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Commissioner Keigher - Public Works - To Approve the Transfer of Funds from the General Fund to the General Government Capital Fund, via the Community Investment Fund ($16,000) for the Purchase of Equipment for the New Fleet Services Facility
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STAFF CONTACT
Daniel K. Ziehm, P.E. - Public Works - 704-862-7504
BUDGET IMPACT
budget
General Fund: No net change.
Community Investment Fund: Increase revenue and expenditure by $16,000.
General Government Capital Fund: Increase revenue and expenditures by $16,000.
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BACKGROUND
This Board Action transfers funds previously budgeted as operating funds to the General Government Capital Fund. The equipment cost is over the $5,000 capital threshold and therefore the item must be purchased from the General Government Capital Fund.
Fleet Services will use the funds to purchase two new locking key cabinets to secure spare keys for all County vehicles.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)