TITLE: Title
Amendment to the FY2019-20 Adopted Budget
PURPOSE: To appropriate additional funding received by the Town from Duke Energy for the purchase of an Emergency Preparedness Trailer.
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DEPARTMENT: Finance
CONTACT INFORMATION: Arche McAdoo, 918-7439 and Cary McNallan, 918-7301
INFORMATION: Since the adoption of the FY2019-20 Annual Budget on June 18, 2019, the Town has received notification of additional funding from Duke Energy in the amount of $6,000 for the purchase of an Emergency Preparedness Trailer.
FISCAL & STAFF IMPACT: The total General Fund Adopted Budget for 2019-20 will increase by $6,000 for a new total of $ $24,844,267.
RECOMMENDATION:r That the Board of Aldermen adopt the budget ordinance amendment set out in Attachment A.