title
Commissioner Johnson - Sheriff’s Office - To Move NC OSBM Public Safety Grant Funds from the General Fund (Fund 1000) to the General Government Capital Fund (4005)
body
STAFF CONTACT
Gwen Danner - Sheriff’s Office - 704-869-6860
BUDGET IMPACT
budget
Increase revenue and expense for Fund 4005 by $25,000. Decrease revenue and expense for Fund 1000 by $25,000.
body
BUDGET ORDINANCE IMPACT
N/A
BACKGROUND
The Sheriff’s Office was awarded a $50,000 grant in the 2021-2022 NC budget. The expenditure accounts split the award 50/50 in furniture/equipment <$5,000 and furniture/equipment >$5,000. It was later determined that all $50,000 would be needed in the capital account (>$5,000). Since $25,000 is in the General Fund and non-capital account (<$5,000), a line-item transfer between funds is needed and requires Board approval.
As a result of the Chart of Accounts redesign, all capital expenditures will be moved to the General Government Capital Fund (4005). Approval of this Board Action authorizes the transfer of $25,000 from the General Fund (1000) to the General Government Capital Fund (4005).
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)