AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE AND EXPENDITURES FOR THE FISCAL YEAR BEGINNING JULY 1, 2008” (2009-03-23/O-1)
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, 2008” as duly adopted on June 9, 2008, and the same is hereby amended as follows:
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ARTICLE I |
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APPROPRIATIONS |
Current |
Increase |
Decrease |
Revised |
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TRANSIT FUND |
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|
Vehicle Fuel |
1,940,180 |
225,782 |
1,714,398 |
|
|
Transfer to Capital Reserve |
113,187 |
115,168 |
228,355 |
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TRANSIT CAPITAL RESERVE FUND |
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Contribution to Reserve |
- |
115,168 |
115,168 |
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ARTICLE II |
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REVENUES |
Current Budget |
Increase |
Decrease |
Revised Budget |
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TRANSIT FUND |
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State Maintenance |
3,545,519 |
225,782 |
3,319,737 |
|
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Appropriated Fund Balance |
32,431 |
115,168 |
147,599 |
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TRANSIT CAPITAL RESERVE FUND |
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Transfer from Transit Fund |
113,187 |
115,168 |
228,355 |
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This is the 23rd day of March, 2009.