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K <br />7. The FY 2013 -14 Board of Commissioners' Approved Budget also included funds of <br />$1,200,920 for a Cost of Living (COLA) of 2 %, effective July 1, 2013 and an employee <br />performance award of either $500 or $1,000, effective with Work Planning and <br />Performance Review (WPPR) dates from July 1, 2013 to June 30, 2014. This budget <br />amendment provides for the actual allocation of these funds to cover the COLA and <br />performance awards within departments. (See Attachment 1, column 6) <br />New Hope Preserve /Hollow Rock Access Capital Project <br />8. At its February 18, 2014 meeting, the Board of Commissioners approved the purchase of <br />2.6 acres located on Erwin Road from the Triangle Land Conservancy for the future New <br />Hope Preserve /Hollow Rock Access Area. This budget amendment provides for the <br />transfer and use of existing funds of $70,000 from the Lands Legacy Capital Project to <br />the New Hope Preserve /Hollow Rock Access Capital Project for the land purchase and <br />transaction costs, and amends the Capital Project Ordinances as follows: (With this <br />appropriation, approximately $1,397,000 remains currently available in Lands Legacy <br />funds.) <br />Lands Legacy (- $70,000) Project # 20011 <br />Revenues for this Droiect: <br />Appropriated for this groiect: <br />Current <br />FY 2013 -14 <br />FY 2013 -14 <br />Amendment <br />FY 2013 -14 <br />Revised <br />Alternative Financing <br />$851,472 <br />$0 <br />$851,472 <br />From General Fund <br />$724,100 <br />($70,000) <br />$654,100 <br />Donations <br />$1,000 <br />$0 <br />$1,000 <br />Appropriated Fund Balance <br />$9,337 <br />$0 <br />$9,337 <br />Total Project Funding <br />$1,585,909 <br />($70,000) <br />$1,515,909 <br />Appropriated for this groiect: <br />New Hope Preserve /Hollow Rock Access ($70,000) Project # 20027 <br />Revenues for this groiect: <br />Current FY <br />2013 -14 <br />FY 2013 -14 <br />Amendment <br />FY 2013 -14 <br />Revised <br />Lands Legacy <br />$1,585,909 <br />($70,000) <br />$1,515,909 <br />Total Costs <br />$1,585,909 <br />($70,000) <br />$1,515,909 <br />New Hope Preserve /Hollow Rock Access ($70,000) Project # 20027 <br />Revenues for this groiect: <br />Appropriated for this groiect: <br />Current <br />FY 2013 -14 <br />FY 2013 -14 <br />Amendment <br />FY 2013 -14 <br />Revised <br />Historic Preservation Grant <br />$90,000 <br />$0 <br />$90,000 <br />Contribution from Chapel Hill <br />$37,500 <br />$0 <br />$37,500 <br />From General Fund <br />$25,000 <br />$70,000 <br />$100,000 <br />Appropriated Fund Balance <br />$12,500 <br />$0 <br />$12,500 <br />Total Project Funding <br />$165,000 <br />$70,000 <br />$235,000 <br />Appropriated for this groiect: <br />Current FY <br />FY 2013 -14 <br />FY 2013 -14 <br />2013 -14 <br />Amendment <br />Revised <br />New Hope Preserve /Hollow <br />$165,000 <br />$70,000 <br />$235,000 <br />Rock Access <br />Total Costs <br />$165,000 <br />$70,000 <br />$235,000 <br />