Minutes 06-19-2012 - Laserfiche WebLink

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These funds account for assets held by the County as an agent for other government units, and by State Statutes, these funds are not subject to appropriation by the Board of County Commissioners, and not included in this ordinance. Section XIII. Encumbrances Operating funds encumbered by the County as of June 30, 2012 are hereby reappropriated to this budget. Section XIV. Capital Projects & Grants Fund The County Capital Improvements Fund, Schools Capital Improvements Fund, Community Development Fund and the Grant Projects Fund are hereby authorized. Appropriations made for the specific projects or grants in these funds are hereby appropriated until the project or grant is complete. The County Capital Projects Fund FY 2012-13 budget, with anticipated fund revenues of $6,666,950 and project expenditures of $6,666,950 (see Attachment 3), is hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2012, and ending June 30, 2013, and the same is adopted by project. The County Grant Projects Fund FY 2012-13 budget, with anticipated fund revenues of $216,706 and project expenditures of $216,706 (see Attachment 4), is hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2012, and ending June 30, 2013, and the same is adopted by project. Any capital project or grant budget previously adopted, the balance of any anticipated, but not yet received, revenues and any unexpended appropriations remaining on June 30, 2012, shall be reauthorized in the 2012-13 budget. Section XV. Contractual Obligations The County Manager is hereby authorized to execute contractual documents under the following conditions: 1. The Manager may execute contracts for construction or repair projects that do not require formal competitive bid procedures, and which are within budgeted departmental appropriations, for which the amount to be expended does not exceed $250,000. 2. The Manager may execute contracts for general and/or professional services which are within budgeted departmental appropriations, for purchases of apparatus supplies and materials or equipment which are within the budgeted departmental appropriations, and for leases of personal property for a duration of one year or less and within budgeted departmental appropriations for which the amount to be expended does not exceed $89,999. 3. Contracts executed by the Manager shall be pre-audited by the Financial Services Director and reviewed by the County Attorney to ensure compliance in form and sufficiency with North Carolina law.