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1 <br /> ORD-2025-023 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: June 17, 2025 <br /> Action Agenda <br /> Item No. 8-d <br /> SUBJECT: Fiscal Year 2024-25 Budget Amendment #11 <br /> DEPARTMENT: County Manager's Office <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Attachment 1. Year-to-Date Budget Kirk Vaughn, (919) 245-2153 <br /> Summary <br /> PURPOSE: To approve budget, grant, and capital project ordinance amendments for Fiscal Year <br /> 2024-25. <br /> BACKGROUND: <br /> Miscellaneous <br /> 1. The No Fault Well Repair Fund has received additional revenue from Orange Water & <br /> Sewer Authority (OWASA) and interest income from the fund. This amendment recognizes <br /> additional total revenue of$20,166 in the No Fault Well Repair Fund, outside of the General <br /> Fund, and appropriates this amount for well repair and treatment in the following Project <br /> Ordinance: <br /> Well Repair Fund($20,166) - Fund# 83 <br /> Revenues for this project: <br /> Current FY 2024-25 FY 2024-25 <br /> FY 2024-25 Amendment Revised <br /> Grant Funds $422,804 $10,000 $432,804 <br /> Interest on Investments $20,000 $10,166 $30,166 <br /> Total Project Funding $442,804 $20,166 $462,970 <br /> Appropriated for this project: <br /> Current FY 2024-25 FY 2024-25 <br /> FY 2024-25 Amendment Revised <br /> Project Expenditures $442,804 $20,166 $462,970 <br /> Total Costs $442,804 $20,166 $462,970 <br /> 2. At the Business meeting on April 15, 2025, the Board approved drawing down $1,552,063 <br /> in accumulated lottery proceeds. The funds are to be used in the Debt Service Fund to <br />