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Commissioner Hovis - Finance - To Amend 2023-417 to Correct Funding Account Line Items for the ARPA Grant Project Ordinance-Homeless Projects Allocation approved 12/12/2023
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STAFF CONTACT
Mrs. Brandy Decker - Finance - 704-866-3338
BUDGET IMPACT
budget
Increase revenue and expense in the General Fund by $230,000, decrease revenue and expense in the General Government Capital Fund by $230,000, via a transfer in the Community Investment Fund.
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BUDGET ORDINANCE IMPACT
Minimal change to the Budget Ordinance.
BACKGROUND
The American Rescue Plan (ARP) Act of 2021 created new Coronavirus State and Local Fiscal Recovery Funds. The Act sets aside $65.1 billion to be allocated to counties based on population and sent directly from the Department of Treasury. Gaston County has received $43,612,126 million over two years. Pursuant to North Carolina General Statutes §159-13.2, the Gaston County Grant Project Ordinance 2021-264 for the Gaston County Coronavirus State and Local Fiscal Recovery Funds was adopted in Regular Session by the Gaston County Board of Commissioners on September 28, 2021.
On December 12, 2023, via 2023-417, the Board of Commissioners approved an amendment to the Gaston County ARPA Project Ordinance to authorize an appropriation for Homeless Projects. This Board Action corrects the original appropriation to move funds from the General Government Capital Fund to General Fund for HealthNet and Catherine’s House.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)