Orange County NC Website
Browse       Search
ORD-2016-026 Attachment 2 17 <br /> Section XIV. Encumbrances <br /> Operating funds encumbered by the County as of June 30, 2016 are hereby <br /> reappropriated to this budget. <br /> Section XV. Capital Projects & Grants Fund <br /> The County Capital Improvements Fund, Schools Capital Improvements Fund, <br /> Community Development Fund and the Grant Projects Fund are hereby authorized. <br /> Appropriations made for the specific projects or grants in these funds are hereby <br /> appropriated until the project or grant is complete. <br /> The County Capital Projects Fund FY 2016-17 budget, with anticipated fund revenues of <br /> $19,745,878 and project expenditures of $19,745,878 is hereby adopted in accordance <br /> with G.S. 159 by Orange County for the fiscal year beginning July 1, 2016, and ending <br /> June 30, 2017, and the same is adopted by project. <br /> The School Capital Projects Fund FY 2016-17 budget, with anticipated fund revenues of <br /> $46,303,209, and project expenditures of $46,303,209 is hereby adopted in accordance <br /> with G.S. 159 by Orange County for the fiscal year beginning July 1, 2016, and ending <br /> June 30, 2017, and the same is adopted by project. <br /> The County Grant Projects Fund FY 2016-17 budget, with anticipated fund revenues of <br /> $652,605, and project expenditures of $652,605, is hereby adopted in accordance with <br /> G.S. 159 by Orange County for the fiscal year beginning July 1, 2016, and ending June <br /> 30, 2017, and the same is adopted by project. <br /> Any capital project or grant budget previously adopted, the balance of any anticipated, <br /> but not yet received, revenues and any unexpended appropriations remaining on June <br /> 30, 2016, shall be reauthorized in the FY 2016-17 budget. <br /> Section XVI. Contractual Obligations <br /> The County Manager is hereby authorized to execute contractual documents under the <br /> following conditions: <br /> 1. The Manager may execute contracts for construction or repair projects that do <br /> not require formal competitive bid procedures, and which are within budgeted <br /> departmental appropriations, for which the amount to be expended does not <br /> exceed $250,000. <br /> 2. The Manager may execute contracts for general and/or professional services <br /> which are within budgeted departmental appropriations, for purchases of <br /> apparatus supplies and materials or equipment which are within the budgeted <br /> departmental appropriations, and for leases of personal property for a duration of <br /> one year or less and within budgeted departmental appropriations for which the <br /> amount to be expended does not exceed $89,999. <br /> 3. Contracts executed by the Manager shall be pre-audited by the Financial <br /> Services Director and reviewed by the County Attorney to ensure compliance in <br /> form and sufficiency with North Carolina law. <br /> 9 <br />