HomeMy WebLinkAboutC.054.93010_1055 (2)10. Request for Approval of Budget Amendment #30 in the Amount of
$6,200 for the Transfer of Elections Department Part-time Salary Funds to
Operating Expenses: Elections Supervisor Becky Galliher requested during
the briefing that $6,200 be transferred from part-time salaries to:
Postage - $ 1200
Training - $ 2000
Supplies - 3000
$ 6200
Galliher said the part-time salary line item currently had $41,000.
11. Request for Approval of an Amended Stumpy Creek Park Project
Ordinance: Mrs. Blumenstein said during the briefing, that the project ordinance
adopted on February 5 included $16,530 in donations for the Gallyon Memorial
t that were budgeted for expenditure in the general construction line item. She said
now, however, she was recommending for the funds to be transferred to another
line item entitled "Gallyon Memorial' to have a better audit trail. In addition, she
said that recently $5,955 was received from a memorial golf tournament, and this
would increase the memorial fund to $22,485. Blumenstein said the investment
earnings had increased by $3,976. The amended Stumpy Creek Park Project
Ordinance will now be as follows.
Amended South Iredell Park Fund
Capital Project Fund
Be it Ordained by the Board of County Commissioners of Iredell County, North
Carolina:
Section 1. The following project will be financed by this fund:
Stumpy Creek General Construction $748,176
Professional Services 75,155
Gallyon Memorial 22,485
Transfer to Parks Capital Reserve Fund 25.340
SM -11
Section 2. Funds for this Capital Project fund will beprovided from the following
sources:
Parks & Recreation Trust Grant
$250,000
Community Contributions
135,000
Memorials
22,485
Transfers from Parks Capital Reserve Fund
210,626
Transfers from General Fund
128,045
Investment Earnings
125.000
$1 11
Section 3. This Capital Project Fund shall continue until the project is complete.
Section 4. Payments from this Capital Project Fund shall be authorized by the
County Manager or his designee.
Section 5. The Parks Capital Reserve Fund is advancing $100,000 to the Stumpy
Creek Project Fund for completion of the project. This advance is to
be repaid annually by transfers from the Stumpy Creek Project Fund to
the Parks Capital Reserve Fund equal to'/ of the total transfer from
the General Fund.