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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APPROPRIATIONS |
Current Budget |
Increase |
Decrease |
Revised Budget |
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GENERAL FUND |
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Transfer to Debt Service Fund |
4,964,000 |
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(37,000) |
4,927,000 |
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Transfer to Multi-Year Capital |
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Improvement Fund |
0 |
47,000 |
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47,000 |
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Debt Service Fund |
4,964,000 |
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(37,000) |
4,927,000 |
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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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Interest Earnings |
400,512 |
10,000 |
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410,512 |
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Debt Service Fund |
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Transfer from General Fund |
4,964,000 |
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(37,000) |
4,927,000 |
This the 8th day of January, 2007.