AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1, 2005” (2006-06-26/O-1a)

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, 2005” as duly adopted on June 27, 2005 and the same is hereby amended as follows:

ARTICLE I
	Current			Revised
APPROPRIATIONS	Budget	Increase	Decrease	Budget
GENERAL FUND
Fire	6,313,521	18,133		6,331,654
Town Attorney	256,914	6,097		263,011
Engineering	1,021,966	128,984		1,150,950
Non-Departmental	7,780,376
Transfer to Grants Fund		25,000
Transfer to Capital
Improvements Fund		529,682
Transfer to Debt Service Fund			(1,590,416)
Transfer to Public Works
Bond Fund		1,850,098		8,594,740
GRANTS FUND	1,084,572	215,000		1,299,572
LIBRARY GIFT FUND	91,355	2,600		93,955
DEBT SERVICE FUND	4,817,200		(1,590,416)	3,226,784
CAPITAL IMPROVEMENTS
FUND	2,026,910	529,682		2,556,592

ARTICLE II
	Current			Revised
REVENUES	Budget	Increase	Decrease	Budget
GENERAL FUND
Sales Tax	8,187,000	31,097		8,218,097
Grants	424,432	18,133		442,565
Licenses, Permits and Fines	1,584,350	116,000		1,700,350
Other Revenues	323,500	802,184		1,125,684
GRANTS FUND	1,084,572
Transfer from General Fund		25,000
Other Revenues		190,000		1,299,572
LIBRARY GIFT FUND
(Appropriated Fund Balance)	1,355	2,600		3,955
HOUSING FUND
(Appropriated Fund Balance)	0	37,072		37,072
Federal Subsidy	1,077,089		(37,072)	1,040,017
CAPITAL IMPROVEMENTS
FUND
Transfer from General Fund	1,164,600	529,682		1,694,282

This is the 26^th day of June, 2006.