Agenda - 10-03-2005-5p - Laserfiche WebLink

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z to provide the set-aside funding from the BOCC to CHTOP. Attachment 2 is the formal letter of request for the supplemental funding from OPC/LME, FINANCIAL IMPACT: With the approval of the FY2005-06 operating budget, the Board established a Critical Needs Reserve fund that totaled $440,000. Monies available in this reserve fund would be available for the Commissioners to use, during the course of the fiscal year to address adverse State budgetary action as well as other unforeseen funding needs that arose after the adoption of original budget. To date, the Board has approved two appropriations from the reserve fund - $21,500 for the Health Department to conduct water sampling in the Mill Creek Road area and $50,000 far DSS to provide daycare subsidies for families, Funds totaling $368,500 remain in the Critical Needs Reserve Fund. Staff identified Early Intervention and Family Service of Orange County and KidScape as potentially requiring possible one-time, supplemental "bridge' funding to occur at the time of OPC/LME divestiture, As indicated in the Background section of this abstract, actual funding needs total $57,468, Should the Board approve the release of these funds from the current available Reserve find, $311,032 would remain for future appropriation by the Board, RECOMMENDATION(S): The Manager recommends that the Board authorize the release of $57,468 from the Critical Needs Reserve to facilitate the divestiture and transfer of EIFS/KidScope from the OPC/LME to Chapel Hill Training and Outreach Project, Inc.