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Commissioner Chad Brown - Fire Marshal - To Approve the Transfer of Accumulated Funds Realized from Past Tax Collections, Revaluation, Interest Earned, Etc. to Crowder’s Mountain Fire and Rescue, Inc. ($63,230)
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STAFF CONTACT
Eric Hendrix - Fire Marshal - 704-866-3231
BUDGET IMPACT
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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 Crowder’s Mountain Fire and Rescue, Inc.
BACKGROUND
On occasion funds accumulate in fire district taxing accounts through the realization of past taxes being collected, property revaluation between budgets and account interest earned. This action will transfer such accumulated funds to Crowder’s Mountain Fire and Rescue, Inc. Chief Matt Becton shared details regarding Crowder’s Mountain Volunteer Fire & Rescue’s request for approval to ask the Commissioners to release $63,230 of their reserve funds to them. Crowder’s Mountain will use the reserve funds to purchase appliances/furniture for their new Station #3, renovations at Station #2, to replace concrete at Station #1 and to replace a Skid Unit. Ted Hendrix made a motion to recommend to the Commissioners that they release $63,230 reserve funds to Crowder’s Mountain Volunteer Fire & Rescue. 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 and Request for Reserve Funds - Crowder’s Mountain Fire and Rescue, Inc.