| Be it ordained by the Board of Commissioners of the Town of Blowing Rock, North Carolina, that the following amendment be made to the annual budget ordinance for the fiscal year ending June 30, 2009: | |||||||||||
| Section 1. To amend the General Fund, the appropriations are to be changed as follows: | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 10-40-4350-400 | Ordinance Enforcement/ | $ - | $14,807 | $ 14,807 | |||||||
| Demolition | |||||||||||
| 10-20-4500-503 | Transfer to Parking Facility | $ - | $ 7,530 | $ 7,530 | |||||||
| $ - | $22,337 | ||||||||||
| This will result in a net increase of $22,337 in the appropriations of the General Fund. To provide the additional revenue for the above, the following revenue will be increased. This additional revenue has already been or will be increased. | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 10-00-3400-370 | Proceeds- Demolition Lien | $ - | $14,807 | $ 14,807 | |||||||
| 10-00-3400-326 | Occupancy Tax Revenues | $ 342,865 | $ 7,530 | $ 350,395 | |||||||
| $ - | $22,337 | ||||||||||
| Section 2. To amend the General Capital Fund, the appropriations are to be changed as follows: | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 20-20-5000-580 | Parking Facility Reserve | $ 357,700 | $ 24,000 | $ 333,700 | |||||||
| 20-20-5000-583 | Parking Reserve- Other | $ - | $31,530 | $ 31,530 | |||||||
| 20-00-5000-575 | Park Ave Building Renovations | $ 95,000 | $50,000 | $ 145,000 | |||||||
| $ 24,000 | $81,530 | ||||||||||
| This will result in a net increase of $57,530 in the appropriations of the General Capital Fund. To provide the additional revenue for the above, the following revenue will be increased. This revenue has already been or will be increased. | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 20-00-3400-331 | Transfer from General Fund | $ 1,026,925 | $ 7,530 | $ 1,034,455 | |||||||
| 20-00-3400-335 | Miscellaneous Revenue | $ 117,944 | $50,000 | $ 167,944 | |||||||
| $ - | $57,530 | ||||||||||
| Section 3. To amend the General Capital Fund, the appropriations are to be changed as follows: | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 20-20-5000-583 | Parking Reserve- Other | $ 31,530 | $ 26,735 | $ 4,795 | |||||||
| 20-10-5000-512 | ES Building Project Reserve | $ 56,575 | $ 53,510 | $ 3,065 | |||||||
| $ 80,245 | |||||||||||
| This will result in a net decrease of $80,245 in the appropriations of the General Capital Fund. To reduce the additional revenue for the above, the following revenue will be decreased. This revenue has already been or will be decreased. | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 20-10-3400-600 | Prior Year Reserve | $ 80,245 | $ 80,245 | $ - | |||||||
| $ 80,245 | |||||||||||
| Section 4. To amend the Water Fund, the appropriations are to be changed as follows: | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 30-91-7110-300 | Water Conservation Equipment | $ - | $ 1,780 | $ 1,780 | |||||||
| $ - | $ 1,780 | ||||||||||
| This will result in a net increase of $1,780 in the appropriations of the Water Fund. To provide the additional revenue for the above, the following revenue will be increased. This additional revenue has already been or will be increased. | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 30-91-3400-300 | Water Conservation Equipment | $ - | $ 1,780 | $ 1,780 | |||||||
| Sales | $ - | $ 1,780 | |||||||||
| Section 5. To amend the Water Capital Fund, the appropriations are to be changed as follows: | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 50-91-5000-545 | Sewer Line Extensions | $ 165,000 | $30,000 | $ 195,000 | |||||||
| $ - | $30,000 | ||||||||||
| This will result in a net increase of $30,000 in the appropriations of the Water Capital Fund. To provide the additional revenue for the above, the following revenue will be increased. This additional revenue has already been or will be increased. | |||||||||||
| Current | Proposed | ||||||||||
| Acct. No. | Appropriation | Decrease | Increase | Appropriation | |||||||
| 50-91-3400-405 | Public Contributions | $ - | $30,000 | $ 30,000 | |||||||
| $ - | $30,000 | ||||||||||
| Section 6. Copies of this budget amendment shall be furnished to the Clerk to the Board of Commisioners and to the Finance Officer for their direction. | |||||||||||
| Adopted this 14th day of October, 2008. | |||||||||||
| Attested by: | JB Lawrence, Mayor | ||||||||||
| Sharon Greene, Town Clerk | |||||||||||