ORD-2012-005 Ordinance approving Fiscal Year 2011-12 Budget Amendment #6

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4 Piedmont Food and Agriculture Processing Center 6. The Piedmont Food and Agricultural Processing Center (PFAP) held its grand opening on October 21, 2011, and has now moved fully into the operational phase of the project. The Center is currently managed by Orange County under the guidance of an Inter-local Cooperative Agreement between Alamance, Chatham, Durham, and Orange counties. Up to this point, all financial activity related to the project has been processed through the Capital Project Fund. As part of the grant funds received, the Center was awarded $479,000 in North Carolina Tobacco Trust Funds, with $75,000 being designated for support in the early stages of the Center's operations. At its December 5, 2011 meeting, the Board of County Commissioners approved the establishment of an Agency Fund, with an effective date of July 1, 2011, to handle all operational activities. Of the $75,000 designated for operational support, $17,856 was spent on operational related items prior to June 30, 2011. The Board of County Commissioners approved a budget amendment for the transfer of the remaining operational funds of $57,144 from the PFAP Capital Project to the newly created PFAP Agency Fund. Staff mentioned in that budget amendment abstract that once the Center had completed two months of full operations (November and December 2011), staff would bring back to the BOCC an amended Agency Fund budget reflecting its projected revenues for the remainder of FY 2011-12. This budget amendment provides for the anticipated revenues of $47,900 for the remainder of FY 2011-12. With this revenue, staff projects there will be a nominal surplus in the fund at fiscal year-end. (See Attachment 1, column 5) Piedmont Food and Agricultural Processing Center($47,900)—Agency Fund# 79 Revenues for this project: Current FY FY 2011-12 FY 2011-12 2011-12 Amendment Revised Tobacco Trust Funds $57,144 $0 $57,144 Charges for Services- Fees $0 $47,900 $47,900 Total Project Funding $57,144 $47,900 $105,044 Appropriated for this project: Current FY FY 2011-12 FY 2011-12 2011-12 Amendment Revised PFAP Center Operations $57,144 $47,900 $105,044 Total Costs $57,144 $47,900 $105,044 Miscellaneous 7. In May 2009, the Board of County Commissioners approved the Human Resources Department to annually review one third of the County's position classifications to ensure classifications accurately reflect the work being performed by County employees, as well as provide a more manageable fiscal implementation for classification changes. The County's first review occurred in FY 2009-10. The second review occurred in FY 2010-11 and the cost for covering the adjustments (up to