AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND RAISING OF REVENUE AND EXPENDITURES FOR THE FISCAL YEAR BEGINNING JULY 1, 2007” (2008-02-25/O-3)

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 and Expenditures for the Fiscal Year Beginning July 1, 2007” as duly adopted on June 11, 2007 and the same is hereby amended as follows:

ARTICLE I
	Revised Budget			Revised Budget
APPROPRIATIONS		Increase	Decrease
GENERAL FUND
Mayor/Council	$366,730	$-	$-	$366,730
Town Manager/Town Clerk	1,407,948	-	-	1,407,948
Human Resources	859,137	-	-	859,137
Finance	1,193,095	-	-	1,193,095
Information Technology	1,446,607	-	-	1,446,607
Legal	290,909	-	-	290,909
Planning	1,327,536	-	-	1,327,536
Inspections	824,213	-	-	824,213
Engineering	2,466,864	118,092	-	2,584,956
Public Works	10,927,619	-	-	10,927,619
Police	11,701,700	-	-	11,701,700
Fire	6,883,381	-	-	6,883,381
Parks and Recreation	2,932,628	-	-	2,932,628
Library	2,258,738	-	-	2,258,738
Non-Departmental	8,758,071	-	-	8,758,071
GENERAL FUND TOTAL	$53,645,176	$118,092	$-	$53,763,268
OTHER FUNDS
Transit Fund	$14,840,446	$-	$-	$14,840,446
Transportation Capital Reserve Fund	2,274,500	-	-	2,274,500
Debt Service Fund	5,536,025	-	-	5,536,025
Vehicle Replacement Fund	4,369,915	-	-	4,369,915
Vehicle Maintenance Fund	1,075,610	-	-	1,075,610
Computer Replacement Fund	246,882	-	-	246,882
Public Housing Fund	1,835,931	-	-	1,835,931
Housing Loan Trust Fund	286,828	-	-	286,828
On-Street Parking Fund	607,120	-	-	607,120
Off-Street Parking Facilities Fund	1,448,389	-	-	1,448,389
Cablevision Public Access Fund	100,000	-	-	100,000
Library Gift Fund	138,475	-	-	138,475
Capital Improvements Fund	3,458,590	-	-	3,458,590
Downtown Service District Fund	142,000	-	-	142,000
OTHER FUNDS
Stormwater Management Fund	2,110,213	-	-	2,110,213
Grants Fund	1,541,548	-	-	1,541,548
TOTAL OTHER FUNDS	40,012,472	-	-	40,012,472
TOTAL ALL FUNDS	$93,657,648	$118,092	$-	$93,775,740
ARTICLE II
	Revised Budget			Revised Budget
REVENUES		Decrease	Increase
GENERAL FUND
Property Taxes	$26,130,100	$-	$-	$26,130,100
Other Taxes & Licenses	1,524,000	-	-	1,524,000
State-Shared Revenues	14,581,553	-	-	14,581,553
Grants	415,300		118,092	533,392
Charges for Services	1,664,476	-	-	1,664,476
Licenses/Permits/Fines	1,604,425	-	-	1,604,425
Interest on Investments	361,868	-	-	361,868
Other Revenues	282,400	-	-	282,400
Transfers/Other Sources	1,249,878	-	-	1,249,878
Fund Balance Appropriated	5,831,176	-	-	5,831,176
GENERAL FUND TOTAL	$53,645,176	$-	$118,092	$53,763,268
OTHER FUNDS
Transit Fund	$14,840,446	$-	$-	$14,840,446
Transportation Capital Reserve Fund	2,274,500	-	-	2,274,500
Debt Service Fund	5,536,025	-	-	5,536,025
Vehicle Replacement Fund	4,369,915	-	-	4,369,915
Vehicle Maintenance Fund	1,075,610	-	-	1,075,610
Computer Replacement Fund	246,882	-	-	246,882
Public Housing Fund	1,835,931	-	-	1,835,931
Housing Loan Trust Fund	286,828	-	-	286,828
On-Street Parking Fund	607,120	-	-	607,120
Off-Street Parking Facilities Fund	1,448,389	-	-	1,448,389
Cablevision Public Access Fund	100,000	-	-	100,000
Library Gift Fund	138,475	-	-	138,475
Capital Improvements Fund	3,458,590	-	-	3,458,590
Downtown Service District Fund	142,000	-	-	142,000
Stormwater Management Fund	2,110,213	-	-	2,110,213
Grants Fund	1,541,548		-	1,541,548
TOTAL OTHER FUNDS	40,012,472	-	-	40,012,472
TOTAL ALL FUNDS	$93,657,648	$-	$118,092	$93,775,740

This the 25^th day of February, 2008.