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