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4 <br /> Revenues for this project: <br /> FY 2012-13 FY 2012-13 FY 2012-13 <br /> Current Budget Amendment Revised <br /> Town of Hillsborough $454,525 $33,625 $488,150 <br /> Total Project unding $454,525 $33,625 $488,150 <br /> Appropriated for this project: <br /> FY 2012-13 FY 2012-13 FY 2012-13 <br /> Current Budget Amendment Revised <br /> NPDES Program $454,525 - $33,625_ - $488,150 <br /> Total Costs $454,525 $33;625- $488,150 <br /> Technical Amendment <br /> 7. On June 5, 2012 and June 19, 2012, the Board of County Commissioners approved <br /> appropriated fund balance amounts totaling $1,025,000 from the General Fund to <br /> provide payment for the Eno River Parking Deck, with anticipation of the closing to <br /> occur before June 30, 2012. The closing occurred on July 6, 2012. This amount of <br /> $1,025,000 was included as Assigned Fund- Balance in the year-end audit and as <br /> part of the uses of Appropriated Fund Balance abstract at the November 20, 2012 <br /> regular meeting, but a technical amendment is needed in FY 2012-13 to show the <br /> appropriation of fund balance, as well as the transfer to County Capital. This budget <br /> amendment provides for the technical amendment for the above stated purpose. <br /> (See Attachment 1, column 5) <br /> -Miscellaneous <br /> 8. The FY 2012-13 Board of Commissioners' Approved Budget included funds for an <br /> anticipated Health Insurance increase of up to $171,609 in a Governing and <br /> Management Non-Departmental line item. This budget amendment provides for the <br /> actual allocation of these funds to cover health insurance expenditures within <br /> departments. The funds will cover the health insurance rate increases that were <br /> effective January 1, 2013. (See Attachment 1, column 6) <br /> 9. The FY 2012-13 Board of Commissioners' Approved Budget also included funds of <br /> $1,076,107 for a Cost of Living (COLA) of 2%, effective July 1, 2012 and an <br /> employee performance award of either$500 or $1,000, effective with Work Planning <br /> and Performance Review (WPPR) dates from July 1, 2012 to June 30, 2013. This <br /> budget amendment provides for the actual allocation of these funds to cover the <br /> COLA and performance awards within departments. (See Attachment 1, column 7) <br /> FINANCIAL IMPACT: Financial impacts are included in the background information above. <br /> RECOMMENDATION(S): The Manager recommends the Board approve budget amendments <br /> and an updated grant project ordinance for fiscal year 2012-13. <br />