Agenda - 02-21-2023; 8-c - Fiscal Year 2022-23 Budget Amendment #6

Browse Search

7 clean-energy technologies that helps Triangle homeowners, businesses, and nonprofits become more resilient, reduce energy expenses, and save on the cost of renewable- energy systems. The savings are realized by obtaining volume discounts on materials and installation services —the more property owners purchase renewable energy systems, the lower the price to all buyers — through the power of purchasing together. The partnership recognized early on the need to be able to reduce financial burdens and make solar accessible to everyone. To that end, the partners worked to develop a low- income to moderate-income (LMI) program. Criteria were identified, as well as trusted community partners, who could help identify eligible households based on the criteria and help facilitate communication about the program and its benefits with these households. It was agreed that the Triangle J Council of Governments (TJCOG) would serve as administrator overseeing the contract process with LMI homeowners and coordination with YES Solar Solutions for install and with the participating local governments providing funding. The City of Raleigh, City of Durham, Durham County and Chapel Hill have all provided LMI funding towards this program. The County will provide $50,000 funds from the Social Justice Reserve Fund towards supporting Orange County residents that qualify for the LMI funding. With this action, along with Budget Amendment #6-A as a separate item on this meeting agenda, $12,696 would remain in the Social Justice Reserve Fund. This transfers $50,000 towards the Multi-year Grant Fund for this purpose and creates the following Grant Ordinance: LMI Solar Funding ($50,000) - Project# 30082 Revenues for this project: Current FY 2022-23 FY 2022-23 FY 2022-23 Amendment Revised Transfer from General Fund $0 $50,000 $50,000 Total Project Funding $0 $50,000 $50,000 Appropriated for this project: Current FY 2022-23 FY 2022-23 FY 2022-23 Amendment Revised Program Expenditures $0 $50,000 $50,000 Total Costs $0 $50,000 $50,000 SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable to this item: • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary for residents to provide shelter, food, clothing and medical care for themselves and their dependents. • GOAL: ESTABLISH SUSTAINABLE AND EQUITABLE LAND-USE AND ENVIRONMENTAL POLICIES The fair treatment and meaningful involvement of people of all races, cultures, incomes and educational levels with respect to the development and enforcement of environmental laws, regulations, policies, and decisions. Fair treatment means that no group of people should bear a disproportionate share of the negative