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Commissioner Chad Brown - Emergency Management/Fire Services - To Approve the Transfer of Accumulated Funds Realized from Past Tax Collections, Revaluation, Interest Earned, Etc. to North Gaston Volunteer Fire & Rescue ($24,761)
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STAFF CONTACT
Kevin Gordon - Emergency Management and Fire Services - 704-862-6240
BUDGET IMPACT
budget
These transfers are keeping within current policy to transfer accumulated funds.
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BUDGET ORDINANCE IMPACT
Transfers accumulated funds from Fund Balance Appropriated Account to North Gaston Volunteer Fire & Rescue.
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 North Gaston Fire & Rescue. North Gaston Fire & Rescue is requesting a full disbursement of their overage fund.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR) and Request for Reserve Funds - North Gaston Volunteer Fire & Rescue