Item Coversheet
Brunswick County Board of Commissioners
ACTION AGENDA ITEM
February 21, 2022

Action Item # V. - 13.

From:
Aaron Smith

Finance - Fiscal Items

Issue/Action Requested:

Request that the Board of Commissioners approve Budget Amendments, Capital Ordinances, and Fiscal Items of a routine nature on the consent agenda.

 

-Wastewater Tap on Supplies Budget Amendment

Appropriate $360,000 of taps and connections revenue for capital outlay tap on supplies for additional sewer grinder tank packages.

 

-2022 Limited Obligation Bonds refunding of 2012 Limited Obligation Bonds Budget Amendment

Appropriate $11,215,000 of proceeds from 2022 Limited Obligation Bonds, refunding series 2012 LOBS.

 

-Airport Grant 36237.45.18.3 Budget Amendment and CPO

Appropriate $59,000 of additional funds awarded from NC Department of Transportation for the airport grant 36237.45.18.3 for reimbursement to the Cape Fear Regional Jetport.

 

-Sheriff's Office GASB 84 Budget Amendment

Appropriate $75,000 of Sheriff Trust revenue and $50,000 of Sheriff Seizure restricted revenue to be used in corresponding expenditure lines for the implementation of GASB 84 for the required elimination of agency funds for fiduciary activities.

 

-DSS Revenues GASB 84 Budget Amendment

Appropriate $200,000 of representative payee revenues to corresponding expenditure line as required by GASB 84 for the required elimination of agency funds for fiduciary activities.

 

-Brunswick County Schools GASB 84 Budget Amendment

Board Meeting 02/21/2022-Appropriate $255,000 of miscellaneous revenues and $45,000 of NSF Check Penalties revenue for Brunswick County Schools expenditure line as required by GASB 84 for the required elimination of agency funds for fiduciary activities.

 

-Parks and Recreation Insurance Refund Budget Amendment

Appropriate $7,833 of insurance proceeds for replacement of fencing stolen from Town Creek Park in December of 2021.

 

-Emergency Telephone System Eligible Expense Budget Amendment

Appropriate $34,758 of fund balance appropriated for additional $34,758 of eligible service and maintenance contracts expenditures in Emergency Telephone System Fund.

 

-Financial Reports for January 2022 (unaudited)

Included are Summary Information for General and Enterprise Funds, key indicators of Revenues and Expenditures, and Cash and Investments. All reports provided at: http://brunswickcountync.gov/finance/reports

Background/Purpose of Request:
Fiscal Impact:
Budget Amendment Required, Capital Project/Grant Ordinance Required, Reviewed By Director of Fiscal Operations
Approved By County Attorney:
Yes
County Manager's Recommendation:
Recommend the Board of Commissioners approve Budget Amendments, Capital Ordinances, and Fiscal Items of a routine nature on the consent agenda.
ATTACHMENTS:
Description
20220221 Budget Amendment Wastewater Tap on Supplies.pdf
20220221 Budget Amendment 2022 LOBS refunding 2012 LOBS.pdf
20220221 Budget Amendment Airport Grant 36237.45.18.3.pdf
20220221 CPO Airport Grants.pdf
20220221 Budget Amendment Sheriff's Office GASB 84.pdf
20220221 Budget Amendment DSS GASB 84.pdf
20220221 Budget Amendment Parks Insurance Proceeds.pdf
20220221 Budget Amendment 911 Eligible Exp.pdf
January Monthly Financial Statements.pdf