Orange County NC Website
1 <br /> ORD-2022-017 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: June 7, 2022 <br /> Action Agenda <br /> Item No. 8-d <br /> SUBJECT: Fiscal Year 2021-22 Budget Amendment #12 <br /> DEPARTMENT: Finance and Administrative Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Attachment 1. Year-to-Date Budget Rebecca Crawford, (919) 245-2152 <br /> Summary Gary Donaldson, (919) 245-2453 <br /> Attachment 2. Loan Amendment Request <br /> PURPOSE: To approve a budget amendment for Fiscal Year 2021-22. <br /> BACKGROUND: <br /> Community Loan Fund <br /> The Orange County Rape Crisis (OCRC) was approved by the BOCC for a no interest Capital <br /> Loan in the amount of $24,340 in 2018. Subsequently, OCRC now wishes to make a property <br /> acquisition and is requesting an additional $48,000. OCRC has provided all of the required <br /> financial information for this capital loan. These funds will be provided from the County's <br /> Community Loan Fund pursuant to the County's Capital Loan Policy for Nonprofits. <br /> FINANCIAL IMPACT: Financial impacts are included in the background information above. The <br /> Community Loan Fund will increase by $48,000. <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goal impacts <br /> associated with this item. <br /> ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal <br /> impacts associated with this item. <br /> RECOMMENDATION(S): The Manager recommends the Board approve the budget amendment <br /> for Fiscal Year 2021-22. <br />