BC 2009 10 19 Regular Meeting - Laserfiche WebLink

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October 19, 2009 (Regular Meeting) Page 1661 budget under certain, specified conditions) to authorize the County Manager to reduce revenue projections consistent with prevailing economic conditions, and also reduce expenditures correspondingly to maintain a balanced budget. The same amendment was approved for the FY 09 budget. UPON MOTION of Commissioner Privette, seconded by Commissioner Carruth and unanimously carried, the Board adopted the following amendment to the FY 2010 Budget Ordinance. The amendment to Section III is as follows with the new text highlighted in bold italics: Section III. 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 and/or Finance Director is hereby authorized to transfer appropriations within or between funds, or modify revenue and expenditure projections, as contained herein under the following conditions: 1. The Finance Director or designee may transfer amounts between objects of expenditure within a department. 2. The County Manager may transfer amounts between objects of expenditures or revenues within a function without limitation. 3. The County Manager may transfer amounts up to $100,000 between functions of the same fund. 9. The County Manager may not transfer any amounts between funds nor from any contingency appropriation within any fund without action of the Board of Commissioners, except as specified below for budget shortfalls, change orders, the Capital Improvement Plan, and Salary and Benefits adjustments. 5. 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. 6. 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. 7. Additional authority is granted to the Finance Director to transfer amounts within and between funds for the sole purpose of funding salary and benefits adjustments consistent with the Cabarrus County Personnel Management Policy and the Cabarrus County Personnel Ordinance. 8. Upon notification of funding increases or decreases to existing grants or revenues, or the award of grants or revenues, the Manager or Finance Officer may adjust budgets to match. 9. The Manager or Finance Director may adjust debt financing from estimated projections to actual funds received. 10. The County Manager may enter into and execute change orders or amendments to construction contracts in amounts less than $90,000 when the appropriate annual budget or capital project ordinance contains sufficient appropriated but unencumbered funds. 11. 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. 12. The County Manager may execute contracts with outside agencies to properly document budgeted appropriations to such agencies where G.S. 153 A-298(b), 259, 499 and any similar statutes require such contracts.