ORDINANCE A
(Manager’s Recommendation)
AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1, 2006” (2006-09-27/O-2a)
BE IT ORDAINED by the Council of the Town of Chapel Hill that the Budget Ordinance entitled “An Ordinance Concerning Appropriations and the Raising of Revenue for the Fiscal Year Beginning July 1, 2006” as duly adopted on June 26, 2006 and the same is hereby amended as follows:
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ARTICLE I |
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Current |
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Revised |
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APPROPRIATIONS |
Budget |
Increase |
Decrease |
Budget |
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GENERAL FUND |
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Transfer to Capital |
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Improvements Fund |
1,275,250 |
350,000 |
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1,625,250 |
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CAPITAL IMPROVEMENT |
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PROGRAM FUND |
2,460,741 |
2,100,000 |
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4,560,741 |
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ARTICLE II |
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Current |
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Revised |
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REVENUES |
Budget |
Increase |
Decrease |
Budget |
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GENERAL FUND |
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Appropriated Fund Balance |
3,176,402 |
350,000 |
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3,526,402 |
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CAPITAL IMPROVEMENT |
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PROGRAM FUND |
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Transfer from General Fund |
1,275,250 |
350,000 |
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1,625,250 |
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Financing Proceeds |
0 |
1,750,000 |
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1,750,000 |
This the 27th day of September, 2006.