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Commissioner Brown - Public Works - To Transfer Budgeted Funds for the Administration Annex Upfit Project from the Capital Fund to the General Fund via CIF ($132,595.21 - No Additional County Funds)
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STAFF CONTACT
Daniel K. Ziehm - Public Works - 704.862.6795
BUDGET IMPACT
budget
Capital Fund: Decrease capital expenditures by $132,595.21. Increase transfers out by $132,595.21. CIF: Increase transfers in by $132,595.21. Increase transfers out by $132,595.21. General Fund: Increase transfers in by $132,595.21. Increase operating expenditures for furniture/equipment by $132,595.21. No additional County funds.
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BACKGROUND
Gaston County Board of Commissioners approved funds to renovate and provide equipment and furnishings for 100 West Main Ave on Resolution 2023-081 for office, conference, collaborative meeting space, and office support space. Gaston County Public Works is completing construction for the Administration Annex Upfit project and are transferring available project funds previously budgeted. This Board Action and BCR approves a transfer of $132,595.21 between funds, as the furniture and equipment is considered an operating expense due to the capital threshold.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)