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Transfers to Other Funds - continued <br />Transfer to Orange- Chatham Justice Program $ 0 <br />Criminal Justice Partnership Program — These funds provide the County match for the Criminal <br />Justice Partnership Program. This match, along with grant funding from the Criminal Justice <br />Partnership Program and the State Office of Juvenile Justice finance the County's Criminal <br />Justice Program Coordinator position. When the State eliminated the grant- funded portion of <br />the position's support in FY 2012 -13, the Department of Social Services located another funding <br />source to cover the costs. The CJPP Coordinator position moved into the General Fund, which <br />will no longer require a transfer to the Grant Project Fund. The change incurred no additional <br />County costs. <br />Transfer to Revaluation Fund $125,000 <br />This transfer allocates funds to the Revaluation fund to pay for the revaluation of real property in <br />the County. State Statutes require a revaluation of real property to be completed at least every <br />eight years. The most recent revaluation took effect on January 1, 2009. The FY 2013 -14 <br />approved budget includes the next revaluation to be effective January 1, 2017. <br />Transfer to Sportsplex Fund $376,450 <br />In December 2005, the County purchased the Sportsplex located in Hillsborough. Under a <br />current contractual arrangement, a third party, Recreation Factory Partners, manages and <br />operates the facility for a fee. This transfer provides sufficient funds to pay the annual debt <br />service (principal and interest) associated with the purchase. <br />My <br />