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Commissioner Chad Brown - Fire Marshal - To Approve the Transfer of Accumulated Funds Realized from Past Tax Collections, Revaluation, Interest Earned, Etc. to Community Volunteer Fire Department ($46,000)
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STAFF CONTACT
Eric Hendrix - Fire Marshal - 704-866-3231
BUDGET IMPACT
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These transfers are keeping within current policy to transfer accumulated funds
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BUDGET ORDINANCE IMPACT
Transferring accumulated funds from Fund Balance Appropriated Account to Community Volunteer Fire Department
BACKGROUND
On occasion funds accumulate in fire district taxing accounts through the realization of past taxes being collected, property revaluation between budgets and account interest earned. This action will transfer such accumulated funds to Community Volunteer Fire Department. Mark Sigmon was in attendance at the Gaston County Fire Advisory Board Meeting on 3/20/19 to answer questions regarding Community’s request for approval to ask the Commissioners to release $46,000 of their reserve funds to them. Chief Robert Jackson had previously submitted a spending plan (attached) that identified needs as apparatus bay floor repair and resurface: $28,306 and replacement of turnout gear that is either damaged or exceeds NFPA 1851 inspection criteria: $19,000. Discussion followed. Ted Hendrix made a motion to recommend to the Commissioners that they release $46,000 reserve funds to Community. Brian Weyeneth seconded the motion. There was no further discussion or opposition. The vote was unanimous. The motion carried.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request and Request for Reserve Funds - Community VFD