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Commissioner Brown - Financial and Management Services - Budget - Administrative Correction Amending Fund Number in Resolution #2025-349
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STAFF CONTACT
Elizabeth McGee - Financial and Management Services - Budget - 704-866-3171
BUDGET IMPACT
budget
General Fund: Decrease fund balance appropriations by $47,412.56
General Government Capital Fund: Increase fund balance appropriations by $47,412.56
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BACKGROUND
An entry error on Resolution #2025-349 caused an incorrect fund number on the associated Budget Change Request, highlighted in the screenshot below. This caused the General Fund and General Government Capital Fund to become unbalanced. This Administrative Correction restores the fund balance appropriation from the General Fund (1000) and appropriates fund balance from the General Government Capital Fund (4005), thereby rebalancing both funds’ revenues and expenditures.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)