ORD-2016-026 Ordinance adopting the Fiscal Year 2016-17 Operating Budget

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6RD-2016-026 Section XV. Capital Projects & Grants Fund The County Capital Improvements Fund, Schools Capital Improvements Fund, Community Development Fund and the Grant Projects Fund are hereby authorized. Appropriations made for the specific projects or grants in these funds are hereby appropriated until the project or grant is complete. The County Capital Projects Fund FY 2016-17 budget, with anticipated fund revenues of $19,745,878 and project expenditures of $19,745,878 is hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2016, and ending June 30, 2017, and the same is adopted by project. The School Capital Projects Fund FY 2016-17 budget, with anticipated fund revenues of $46,303,209, and project expenditures of $46,303,209 is hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2016, and ending June 30, 2017, and the same is adopted by project. The County Grant Projects Fund FY 2016-17 budget, with anticipated fund revenues of $652,605, and project expenditures of $652,605, is hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2016, and ending June 30, 2017, and the same is adopted by project. Any capital project or grant budget previously adopted, the balance of any anticipated, but not yet received, revenues and any unexpended appropriations remaining on June 30, 2016, shall be reauthorized in the FY 2016-17 budget. Section XVI. Contractual Obligations The County Manager is hereby authorized to execute contractual documents under the following conditions: 1. The Manager may execute contracts for construction or repair projects that do not require formal competitive bid procedures, and which are within budgeted departmental appropriations, for which the amount to be expended does not exceed $250,000. 2. The Manager may execute contracts for general and/or professional services which are within budgeted departmental appropriations, for purchases of apparatus supplies and materials or equipment which are within the budgeted departmental appropriations, and for leases of personal property for a duration of one year or less and within budgeted departmental appropriations for which the amount to be expended does not exceed $89,999. 3. Contracts executed by the Manager shall be pre-audited by the Financial Services Director and reviewed by the County Attorney to ensure compliance in form and sufficiency with North Carolina law. 4. The Manager may sign intergovernmental service agreements in amounts under $90,000. 5. The Manager may sign intergovernmental grant agreements regardless of amount as long as no expenditure of County matching funds, not previously budgeted and approved by the Board, is required. Subsequent budget amendments will be brought to the Board of County Commissioners for revenue 9