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Commissioner Hovis - Financial and Management Services - Finance - To Appropriate Accumulated Investment Earnings from July 1, 2026, through September 30, 2026 ($44,079.63) in FY27
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STAFF CONTACT
Kyle Sutherland - Finance - 704-866-3130
BUDGET IMPACT
budget
General Fund: Increase revenue and expense by $711.47.
Federal Drug Forfeitures Fund: Increase revenue and expense by $6,608.64.
Controlled Substance Abuse Tax Fund: Increase revenue and expense by $4,060.94.
General Government Capital Fund: Increase revenue and expense by $32,698.58.
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BACKGROUND
The County has received federal drug forfeitures, controlled substance abuse tax funds, ROAP funds, and NC OSBM funds. All funds have earned interest which must be spent in the same manner as the proceeds. This Board Action appropriates $44,079.63 in investment earnings on the funds from July 1, 2026, through September 30, 2026.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)