BC 2005 04 18 REGULAR - Laserfiche WebLink

Home Browse Search

April 18, 2005 (Regular Meeting) Page 146 BUDGET REVISION/AMENDMENT REQUEST DEPARTMENT OF FINANCE AMOUNT: $500,000.00 TYPE OF ADJUSTMENT: Transfer Between Function/Funds PURPOSE OF REQUEST: On July 30, 2004 Cabarrus County was awarded a $500,000.00 Federal Grant from the State Homeland Security Grant Program of the U.S. Department of Homeland Security. Cabarrus County is allowed to use these funds for the construction of a Communications Tower. Upon notification of these funds, it was decided to record the budget in the General Fund. Upon further investigation, we have decided that the construction project will be spread over multiple fiscal years and the budget should be recorded in a Multi year Capital Projects Fund. This is considered an Administrative Budget Amendment. Account No. 00161920-6349-RTG Radio Towers - 00191920-9844-RTG Radio Towers - Present Approved Budget Increase $500,000.00 Terrorism Grant Revenue $500,000.00 Terrorism Grant Expense Decrease $500,000.00 Revised Budget $0.00 $500,000.00 $0.00 BUDGET REVISION/AMENDMENT REQUEST DEPARTMENT OF FINANCE AMOUNT: $500,000.00 TYPE OF ADJUSTMENT: Supplemental Request PURPOSE OF REQUEST: $1,500,000 of Capital Reserve Funds have been reserved for the construction of a Communications Tower. Of this amount, $500,000.00 is being requested at this time for acquisition of Land and the preliminary expenses associated with the construction of the tower. Account No. 45097220-9708 Contribution 45067220-6901 Fund Balance Present Approved Budget $534,500.00 to Capital Projects $2,176,496.24 Appropriated Increase $500,000.00 Fund $500,000.00 Decrease Revised Budget $1,034,500.00 $2,676,496.24 BUDGET REVISION/AMENDMENT REQUEST DEPARTMENT OF FINANCE AMOUNT: $1,000,000.00 TYPE OF ADJUSTMENT: Supplemental Request PURPOSE OF REQUEST: On July 30, 2004 Cabarrus County was awarded a $500,000.00 Federal Grant from the State Homeland Security Grant Program of the U.S. Department of Homeland Security. Cabarrus County is allowed to use these funds for the construction of a Communications Tower. The budget was originally recorded in the General Fund. Upon further review, it was determined that this budget should be recorded in a Multi-year Capital Project Fund. A contribution of $500,000.00 from the Capital Reserve Fund has also been received for the construction of this tower. Account No. 34062160-6349-RTG Radio Tower - Terrorism 34092160-9820-RTG Radio Tower - Terrorism 34062160-6921 Contribution from Capital 34092160-9820 Radio Tower Construction 34092160-9801 Land-Radio Tower Present Approved Budget Increase $0.00 $500,000.00 Grant Revenue $0.00 $500,000.00 Grant Expense $0.00 $500,000.00 Reserve Fund $0.00 $400,000.00 Decrease Revised Budget $500,000.00 $500,000.00 $500,000.00 $400,000.00 $0.00 $100,000.00 $100,000.00 (F-5) Department of Social Services Amendment (Reimbursed Mileage Rates) Good Health Services Contract The Good Health Services contract (effective July 1, 2004, in the amount of $2,376,491. 00) for the Department of Social Services included a reimbursement mileage rate of $.375 per mile. The IRS standard is now $.405 per mile. Good Health provides in-home aide services and personal care services to individuals. UPON MOTION of Vice Chairman Carruth, seconded by Commissioner Privette and unanimously carried, the Board approved an amendment to the Good Health