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1 <br /> Orange County <br /> Board of County Commissioners <br /> Action Agenda <br /> Item No <br /> Action Agenda Item Abstract <br /> Meeting Date:October 6, 1997 <br /> Subject:Budget Amendment#3 <br /> Department Public Hearing Yes No x <br /> Budget Office Budget Amendment Needed <br /> Yes No_x <br /> Attachment(s) Information Contact <br /> Proposed Budget Amendment Budget Office ext.2150 <br /> Telephone and Extension Number <br /> Hillsborough 732-8181 <br /> Chapel Hill 968-4501 <br /> Durham 688-7331 <br /> Mebane 227-2031 <br /> Purpose <br /> To consider proposed budget ordinance amendment. <br /> Background <br /> On June 30 of each year, certain designated appropriations are not fully expended. Many of these are <br /> related to outstanding purchase orders,where goods and services have been ordered but not yet received <br /> and/or paid. In accordance with the annual budget ordinance, funds for outstanding purchase orders <br /> are automatically reappropriated in the new budget. Other appropriations, such as the Cedar Grove <br /> Rural Historic District National Register, are not fully expended at the end of the fiscal year, and <br /> because there is no purchase order, are not authorized through the budget ordinance to be <br /> reappropriated. Funds for these planned but unencumbered expenditures are set aside as a reserved <br /> portion of fund balance. In order to carry these funds forward and to authorize, their expenditure in <br /> fiscal year 1997-98,it is necessary for the Board to approve the attached amendment. <br /> Recommendation <br /> The Manager recommends that the Board of Commissioners approve the attached budget ordinance amendment. <br />