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Commissioner Hovis - Financial and Management Services - Finance - To Appropriate Accumulated Investment Earnings from October 1, 2024, through December 31, 2024 ($58,762.88) in FY25
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STAFF CONTACT
Kyle Sutherland - Finance Department - 704-866-3130
BUDGET IMPACT
budget
Appropriation of $58,762.88 for FY25 accumulated investment earnings from October 1, 2024, through December 31, 2024.
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BACKGROUND
The County has received federal drug forfeitures, controlled substance abuse tax funds, ROAP funds, and NC OSBM funds. All funds have earned interest which must be spent in the same manner as the proceeds. This Board Action appropriates $58,762.88 in investment earnings on the funds from October 1, 2024, through December 31, 2024.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)