BC 2015 06 14 Regular Meeting - Laserfiche WebLink

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June 15, 2015 (Regular Meeting) Page 2448 Commerce Department: NC Tobacco Trust Fund Grant $ 75 Cooperative Extension Department: Operational Project Expenses $ 1,686,520 Elma C. Lomax Farm Project: Operational Project Expenses $ 438,970 Local Agricultural Preservation Projects: Other Improvement Projects $ 644,794 TOTAL EXPENDITURES $ 6,669,043 GRAND TOTAL - REVENUES $ 6,669,043 GRAND TOTAL - EXPENDITURES $ 6,669,043 Section II. A. Special appropriations to non - profit organizations shall be distributed after the execution of an agreement which ensures that all County funds are used for statutorily permissible public purposes. B. The County Manager or designee is hereby authorized to transfer appropriations within or between funds, or modify revenue and expenditure projections as contained herein under the following conditions: I. The County Manager may transfer amounts between objects of expenditures and revenues within a function without limitation. 2. The County Manager may transfer amounts up to $100,000 between functions of the same fund. 3. The County Manager may transfer amounts between contingency funds which are set aside for a specific project for budgetary shortfalls or upon the appropriate approval of a change order. 4. The County Manager is authorized to transfer funds from the General Fund or Capital Reserve Fund to the appropriate fund for projects approved within the Capital Improvement Plan for the current fiscal year. 5. Upon notification of funding increases or decreases to existing grants or revenues, or the award of grants or revenues, the Manager or designee may adjust budgets to match, including grants that require a County match for which funds are available. 6. The County Manager or designee may adjust debt financing from estimated projections to actual funds received. 7. The County Manager may enter into orders or amendments to C contracts in amounts less than appropriate annual budget or ordinance contains sufficient unencumbered funds. and execute change 'aunty construction $90,000 when the capital project appropriated but 8. The County Manager may award and execute contracts which are not required to be bid or which G.S. 143- 131 allows to be let on informal bids so long as the annual budget or appropriate capital project ordinance contains sufficient appropriated but unencumbered funds for such purposes. 9. The County Manager may execute contracts with outside agencies to properly document budgeted appropriation to such agencies where G.S. 153 A-- 248(b), 259. 449 and any similar statutes require such contracts. 10. The County Manager may reject formal bids when deemed