ORD-2021-021 Fiscal Year 2021-22 Budget Amendment #1

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ORD-2021-021 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: September 2, 2021 Action Agenda Item No. 8-f SUBJECT: Fiscal Year 2021-22 Budget Amendment #1 DEPARTMENT: Finance and Administrative Services ATTACHMENT(S): INFORMATION CONTACT: Attachment 1. Year-to-Date Budget Rebecca Crawford, (919) 245-2152 Summary Gary Donaldson, (919) 245-2453 Attachment 2. Orange Rural Fire Department Fund Balance Letter of Request Attachment 3. Chapel Hill-Carrboro City Schools 2016 Approved Bond Status Attachment 4. Chapel Hill-Carrboro City Schools High School Project Status PURPOSE: To approve budget, grant, and capital project ordinance amendments for Fiscal Year 2021-22. BACKGROUND: Note: The term "Deferred Revenues" used in several of the items listed below are also known as unearned revenue or prepayments, and refers to revenue received in FY 2020-21 in advance of FY 2021-22. Deferred revenue is reserved and accounted for on the County's balance sheet as a liability to avoid expenditure in FY 2020-21. At the start of FY 2021-22, the deferred revenue is then recognized on the income statement as revenue. Department on Aging 1. The Department on Aging requests to amend its budget with the following items: • The Department on Aging has received notification of a $5,000 grant award from the North Carolina Department of Environmental Quality (NCDEQ) CARES Act funding through the Triangle J Council of Governments to advance weatherization, energy efficiency, urgent repair and beneficial electrification gains in the region and across North Carolina. The grant period ends September 30, 2021. These grant funds will be used to create a central resource to monitor all Handy Helpers projects in the community. • At its November 5, 2020 meeting, the Board of County Commissioners (BOCC) approved the receipt of$118,837 in Families First and CARES funds from the Triangle