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ORANGE COUNTY ABC BOARD <br /> BE IT ORDAINED by the Orange County ABC Board that the following amendment be made to the annual budget <br /> ordinance for the fiscal year ending June 30,2021. <br /> Section 1 To increase expenses for auditing services related to a required examination of personnel <br /> files/procedures as mandated by the Local Government Employee's Retirement System(LGERS) <br /> Increase decrease <br /> Auditing/attestation services $12,375 <br /> Working capital retained(Change In net position) $12,375 <br /> act on 2 To Increase capital expenditures related to the purchase and installation of a new heat pump at the <br /> office(601 Valley Forge Road,Hillsborough) <br /> increase decrease <br /> Heat Pump System $11,340 <br /> Working capital retained(Change in net position) $11,340 <br /> Section 3 To Increase capital expenditures related to the purchase and installation of a new Sonos Port music <br /> system at the office(601 Valley Forge Road,Hillsborough) <br /> increase decrease <br /> Sonos Port music system $3,7S5 <br /> Working capital retained(Change in net position) $3,755 <br /> Section 4 To Increase rent and security deposit expenditures related to the lease at Southern Village <br /> (300 Market St,Chapel Hill),the location of our newest store(#008) <br /> Increase decrease <br /> Security deposit $8,030 <br /> Rent(includes CAM fees/taxes/Insurance)(five months) $46,400 <br /> Working capital retained(Change in net position) $54,430 <br /> Section 5 To increase capital expenditures related to the renovation of the newly leased space at 300 Market <br /> Street,Chapel Hill(Southern Village,Store 4008) <br /> Increase decrease <br /> Leasehold Improvements(flooring,signage) $28,000 <br /> Furniture,fixtures and equipment(registers,shelving,security) $112,000 <br /> Working capital retained(Change In net position) $140,000 <br /> Section 6 To reduce capital funds-allotted for the construction of the new/replacement store in Mebane(Store <br /> #4)In the current fiscal year,due to a protracted start date <br /> Increase decrease <br /> Replacement store construction $221,900 <br /> Working capital retained(Change In net position) $221,900 <br /> Section 7 Copies of this budget amendment shall be furnished to the Clerk of the County of Orange County,the <br /> NC ABC Commission,and to the Budget Officer and the Finance Officer for their direction. <br /> Adopted this 16th day of November,2021 <br /> i <br /> i <br /> Pat Burns, <br /> Orange County ABC Chairman <br /> Page 1 of 1 pages <br /> l <br />