Orange County NC Website
1 <br /> ORD-202M 17 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date : June 7 , 2022 <br /> Action Agenda <br /> Item No . 8 - d <br /> SUBJECT : Fiscal Year 2021 -22 Budget Amendment # 12 <br /> DEPARTMENT : Finance and Administrative Services <br /> ATTACHMENT ( S ) : INFORMATION CONTACT . <br /> Attachment 1 . Year4o - Date Budget Rebecca Crawford , ( 919 ) 245 -2152 <br /> Summary Gary Donaldson , ( 919 ) 245 -2453 <br /> Attachment 2 . Loan Amendment Request <br /> PURPOSE : To approve a budget amendment for Fiscal Year 2021 -22 . <br /> BACKGROUND . <br /> Community Loan Fund <br /> The Orange County Rape Crisis ( OCRC ) was approved by the BOCC for a no interest Capital <br /> Loan in the amount of $ 24 , 340 in 2018 . Subsequently , OCRC now wishes to make a property <br /> acquisition ands requesting an additional $48 , 000 . OCRC has provided all of the required <br /> financial information for this capital loan . These funds will be provided from the County ' s <br /> Community Loan Fund pursuant to the County ' s Capital Loan Policy for Nonprofits . <br /> FINANCIAL IMPACT : Financial impacts are included in the background information above . The <br /> Community Loan Fund will increase by $ 48 , 000 . <br /> SOCIAL JUSTICE IMPACT : There are no Orange County Social Justice Goal impacts <br /> associated with this item . <br /> ENVIRONMENTAL IMPACT : There are no Orange County Environmental Responsibility Goal <br /> impacts associated with this item . <br /> RECOMMENDATION ( S ) : The Manager recommends the Board approve the budget amendment <br /> for Fiscal Year 2021 -22 . <br />