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Commissioner Grant - Fire Marshal - To Approve the Transfer of Accumulated Funds Realized from Past Tax Collections, Revaluation, Interest Earned, Etc. to Lowell Volunteer Fire Department ($10,000)
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STAFF CONTACT
Eric Hendrix - Fire Marshal - 704-866-3231
BUDGET IMPACT
budget
These transfers are keeping within current policy to transfer accumulated funds.
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BUDGET ORDINANCE IMPACT
Transferring accumulated funds from Fund Balance Appropriated Account to Lowell Volunteer Fire Department Subsidies Account
BACKGROUND
Chief Scott Moore submitted a spending plan (see attached) and Lowell’s request for approval to ask the Commissioners to release $10,000 of their reserve money to them. Lowell will use the reserve funds to engage the services of Management Solutions for Emergency Services, LLC (MSFES) to cover the agreement and to provide risk reduction services for their department as described in the attachment. David Toomey made a motion to recommend to the Commissioners that they release $10,000 reserve funds to Lowell. Jeff Hovis seconded the motion. There was no further discussion or opposition. The vote was unanimous. The motion carried.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request; Lowell VFD’s Spending Plan for Reserve Funds