Legislation Details

File #: 26-220   
Type: Resolution (Consent) Status: Agenda Ready
File created: 5/8/2026 In control: Financial and Management Services - Finance
On agenda: 5/26/2026 Final action:
Enactment date: Enactment #:
Title: Commissioner Hovis - Financial and Management Services - Finance - To Appropriate Accumulated Investment Earnings from January 1, 2026, through March 31, 2026 ($51,666.33) in FY26
Sponsors: Bob Hovis
Attachments: 1. Adopted 2026-167, 2. BCR
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Commissioner Hovis - Financial and Management Services - Finance - To Appropriate Accumulated Investment Earnings from January 1, 2026, through March 31, 2026 ($51,666.33) in FY26

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STAFF CONTACT

Kyle Sutherland - Finance - 704-866-3130

BUDGET IMPACT
budget

Appropriation of $51,666.33 for FY26 accumulated investment earnings from January 1, 2026, through March 31, 2026.

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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 $51,666.33 in investment earnings on the funds from January 1, 2026, through March 31, 2026.

POLICY IMPACT

N/A

ATTACHMENTS

Budget Change Request (BCR)