Consider Approval of Budget Amendments
Finance Director Pieter Swart
Summary: BA2019-02 The FY2019 general fund budget ordinance allocates $40,200 to the Arts Project Fund. This budget amendment recognizes the revenue and allows for the expenditure of the funds within the Arts Project Fund.
BA2019-03 The Mecklenburg County HOME program has allocated $31,689 for down-payment assistance for Affordable Housing. This budget amendment recognizes the revenue and allows for the expenditure of the funds in the Affordable Housing Fund.
BA2019-05 This budget amendment allocates $35,000 of Fund Balance from the Affordable Housing Fund to provide five (5) future homeowners with down payment assistance in the amount of $7,000 each.