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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: October 5, 1999 <br />1 <br />Action Agenda <br />Item No. ~' - <br />SUBJECT: Budget Amendment #3 <br />DEPARTMENT: Budget Office <br />PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />1999-00 Budget As Amended <br />INFORMATION CONTACT: <br />Donna Dean, extension 2151 <br />TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031 <br />PURPOSE: To approve a budget ordinance amendment for fiscal year 1999-00. <br />BACKGROUND: <br />On June 30 of each year, certain designated appropriations are not fully expended. <br />Many of these are related to outstanding purchase orders, where goods and services <br />have been ordered but not yet received and/or paid. In accordance with the annual <br />budget ordinance, funds for these outstanding purchase orders are automatically re- <br />appropriated in the new fiscal year's budget. Other appropriations are not fully expended <br />at the end of the fiscal year because there are no outstanding purchase. orders. Funds <br />_ for these. planned but unencumbered expenditures-:are set aside as_a reserved _portion of <br />fund balance. In order to carry these funds forward and to authorize their expenditure in <br />fiscal year 1999-00, it is necessary for the Board to approve the attached amendment. <br />FINANCIAL IMPACT: Financial impacts are included in the background information above. <br />RECOMMENDATION(S): The Manager recommends that the Board of County Commissioners <br />approve the budget ordinance amendments. <br />