title
Commissioner Chad Brown - Emergency Management/Fire Services - To Approve the Transfer of Accumulated Funds Realized from Past Tax Collections, Revaluation, Interest Earned, Etc. to Alexis Fire Department ($34,959)
body
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.
body
BUDGET ORDINANCE IMPACT
Transfers accumulated funds from Fund Balance Appropriated Account to Alexis 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 Alexis Fire Department. Alexis Fire Department is requesting all of the overage account funds of $34,959 be released to the department. The funding will be used to cover budget shortfalls due to the budget not being approved at the rate that was requested.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR) and Request for Reserve Funds - Alexis Fire Department