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Commissioner Brown - Financial and Management Services - Budget (Building and Development Services) - To Appropriate Restricted Building Inspections Fund Balance to Fund Four (4) New Vehicle Purchases, Professional Services, and Software Rental ($516,600)
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STAFF CONTACT
Brian Sciba - County Manager’s Office - 704-866-3970
BUDGET IMPACT
General Fund: Appropriate $516,600 in restricted fund balance. Increase expenditures by $516,600.
Community Investment Fund: Increase revenue (transfers in) by $210,000. Increase expenditures (transfers out) by $210,000.
Capital Fund: Increase revenue (transfers in) by $210,000. Increase capital expenditures by $210,000.
This Board Action approves the addition of four (4) vehicles to the County’s fleet.
BACKGROUND
State law requires that local governments specifically track building inspection fee revenue and the expending of that revenue. G.S. 160A-414 restricts the expenditure of building inspection fees to those incurred "for support of the administration and activities of the inspection department and for no other purpose". Building inspection revenue and expenditures are accounted for in the General Fund, but any fund balance resulting from excess revenue over expenditures is reported separately. As of June 30, 2023, restricted fund balance for building inspections totaled $7.2 million. This Board Action and BCR appropriates $516,600 of restricted fund balance for the following expenditures to support the County’s Building & Development Services department:
$27,600 - Social Pinpoint Software
$272,800 - Professional Services for CLUP and UDO Update
$216,200 - 4 New Vehicles
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)