AGENDA #4k

MEMORANDUM

TO:                  Mayor and Town Council

FROM:            W. Calvin Horton, Town Manager

SUBJECT:       Correction of Inspections Department Budget 

DATE:             March 22, 2004

 

The attached budget amendment would use $23,484 in appropriated fund balance to correct the Inspection Department’s 2003-04 budget.

 

BACKGROUND AND DISCUSSION

 

The approved Inspections Department budget for 2003-04 was underbudgeted by $23,484.  The budget did not include the required funding for retiree health benefits ($9,484) and for continuation of the apprentice program ($14,000).

 

RECOMMENDATION

 

We recommend that the Council approve the attached budget amendment to correct the Inspections Department budget and re-appropriate $23,484 for retiree health benefits and for continuation of the apprentice program.

 

 

AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1, 2003” (2004-03-22/O-6)

 

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, 2003” as duly adopted on June 9, 2003 and the same is hereby amended as follows:

 

This the 22^nd day of March, 2004.