title
ADDED/ Commissioner Philbeck - Budget/Purchasing - To Appropriate and Transfer $2.6M in General Fund Fund Balance to the Capital Fund ($2M) and the Health Fund ($600k)
body
STAFF CONTACT
Janet Schafer - Budget & Management Services - 704-866-3029
BUDGET IMPACTbudget
Appropriate an additional $2.6M in General Fund fund balance. Increase transfer to the Capital Fund by $2M. Increase transfer to the Health Fund by $600k.
BUDGET ORDINANCE IMPACT
BACKGROUND
This action transfers $2.6M in General Fund fund balance to the Capital Fund ($2M) and the Health Fund ($600k) due to potential end of year (FY20) deficits in fund balances as determined by the Finance Department.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)