ORD-2009-180 - Fiscal Year 2009-10 Budget Amendment #5

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5 Carry Forwards 12. On June 30 of each year, there are instances where approved funding for certain Board approved initiatives is not fully expended at the end of the fiscal year, and the unexpended monies revert to the County's fund balance. In order for the County to fulfill financial obligations related to these appropriations, the Board must re-appropriate fund balance in the next fiscal year for these planned expenditures. For FY 2009-10, the General Fund Balance appropriation request is $1,988,442. The remaining fund balance would be approximately $20.7 million or 10.5% of the general fund appropriation. The largest appropriation of $1,030,000 would fulfill the County's contribution towards the Hillsborough Commons capital project. (The project's previous year carry forward of $1.83 million was not expended due to project delays.) Other carry-forward .examples include a $145,000 appropriation from the Critical Needs Reserve for general needs assistance (Board Priority 4) agreed upon during June 2009 work sessions and human services grants received in FY 2008-09, but not expended until the current fiscal year. Descriptions of each carryforward request are included in the Carry Forwards List. In order to carry funds forward and authorize their expenditure in fiscal year 2009-10, it is necessary for the- Board to approve the attached amendment. (See Attachment 1, Column 9; Attachment 7, Carry Forwards List; and Attachment 8, Observation Well Network Capital Project Ordinance) FINANCIAL IMPACT: Financial impacts are included in the background information above. RECOMMENDATION(S): The .Manager recommends the Board of County Commissioners approve budget, grant and capital project ordinance amendments for fiscal year 2009-10.