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File #: 23-566   
Type: Resolution (Consent) Status: Passed
File created: 11/22/2023 In control: Information Technology
On agenda: 11/28/2023 Final action: 11/28/2023
Enactment date: 11/28/2023 Enactment #: 2023-400
Title: Commissioner Hovis - Information Technology - To Approve the Transfer of $152,117 from General Fund to the General Government Capital Fund, via the Community Investment Fund (CIF) (No Additional County Funds)
Sponsors: Bob Hovis
Attachments: 1. Adopted 2023-400, 2. BCR

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Commissioner Hovis - Information Technology - To Approve the Transfer of $152,117 from General Fund to the General Government Capital Fund, via the Community Investment Fund (CIF) (No Additional County Funds)

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STAFF CONTACT

Will Henry - Information Technology - 704-866-3108

BUDGET IMPACT
budget

Transfer $152,117 from General Fund to the General Government Capital Fund, via the Community Investment Fund.

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BUDGET ORDINANCE IMPACT

Decrease General Fund Budget by $152,117 and increase the General Government Capital Fund by $$152,117.

BACKGROUND

Transferring operational funds to a capital account due to changes in accounting rules.  The existing funds are in an account that we are no longer able to use per the Finance Department.  The funds will be used for their original intended purpose which was for the replacement of fiber optic networks between the County Datacenters.

POLICY IMPACT

N/A

ATTACHMENTS

Budget Change Request (BCR)