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Commissioner Keigher - Library - To Approve the Transfer of $51,475 from the General Fund to the Capital Fund for Security Camera Purchase (100% Grant Funds)
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STAFF CONTACT
Sandy Hunnicutt - Library - 704-868-2164
BUDGET IMPACT
budget
General Fund: Decrease expenditures and increase transfers out to CIF by $51,475.
Community Investment Fund: Increase transfers in from CIF and increase expenditures by $51,475.
Capital Fund: Increase transfers in from CIF and increase expenditures by $51,475.
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BACKGROUND
The Library is upgrading security cameras at eight branch locations. The upgrade will allow all staff visibility to cameras in addition to better quality. The funds used to purchase camera upgrades are 100% non-County grant funds (State Aid). Security camera equipment purchase is considered capital and therefore must be purchased from the Capital Fund. This Board Action transfers grant funds from the General Fund to the Capital Fund.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)