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Commissioner Hovis - Finance - To Correct Budget Change Request for Resolution 2022-353 Adopted at 11/10/2022 BOC Meeting (Administrative Correction)
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STAFF CONTACT
Tiffany Murray - Finance - 704-866-3032
BUDGET IMPACT
budget
Reverse the $10,000,000 transfer from the General Fund to the Community Investment Fund and reverse the amounts applied to the Public Safety Chargeback and Future Capital expenditure accounts.
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BUDGET ORDINANCE IMPACT
Minimal impact to the budget ordinance.
BACKGROUND
The attached Budget Change Request corrects the original Budget Change Request by reversing the transfer from the General Fund to the Community Investment Fund by $10,000,000. It also reverses the amounts applied to the Public Safety Chargeback and Future Capital expenditure accounts. The original Budget Change Request was only intended to appropriate the expense and revenue, to the General Fund, associated with the ARPA Standard Allowance.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)