TITLE
Title
ADJUSTMENT OF FY2015-16 FIRE DISTRICT BUDGETS TO REFLECT YEAR-TO-DATE TAX COLLECTION
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SPONSOR
Sponsor
Michael Halford
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BACKGROUND
Background
Actual revenue collections in Fire District 28, Guilford College, McLeansville, and Pleasant Garden Fire Protection and Fire Service District Overlays have varied from the original forecast and the revenue budgets for these districts need to be amended to reflect this variance. These budget amendments will only realign the revenue totals between each Fire Protection or "base" district and the related Fire Service District Overlay and will not change the total or "base plus overlay" appropriation.
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BUDGET IMPACT
Budget Impact
Budget Ordinance Amendment
No. 28 (Frieden's) Fire Service District Overlay
$2.068 Decrease in Property Tax Revenues
$2,068 Decrease in Appropriation to No. 28 (Frieden's) Fire Service District Overlay
No. 28 (Frieden's) Fire Protection District
$2,068 Increase in Property Tax Revenues
$2,068 Increase in Appropriation to No. 28 (Frieden's) Fire Protection District
Guilford College Community Fire Service District Overlay
$13,020 Decrease in Sales Tax Revenues
$13,020 Decrease in Appropriation to Guilford College Community Fire Service District Overlay
Guilford College Community Fire Protection District
$13,020 Increase in Property Tax Revenues
$13,020 Increase in Appropriation to Guilford College Community Fire Protection District
McLeansville Fire Service District Overlay
$16,082 Decrease in Property Tax Revenues
$16,082 Decrease in Appropriation to McLeansville Fire Service District Overlay
McLeansville Fire Protection District
$16,082 Increase in Sales Tax Revenues
$16,082 Increase in Appropriation to McLeansville Fire Protection District
Pleasant Garden Fire Service District Overlay
$3,534 Decrease in Property Tax Revenues
$3,534 Decrease in Appropriation to Pleasant Garden Fire Service District Overlay
Pleasant Garden Fire Protection District
$3,534 Increase in Property Tax Revenues
$3,534 Increase in Appropriation to Pleasant Garden Fire Protection District
NO ADDITIONAL COUNTY FUNDS REQUIRED
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REQUESTED ACTION
Requested Action
Approve budget adjustments for the Fire District 28, Guilford College, McLeansville, and Pleasant Garden Fire Districts and associated Fire Protection Service Districts to align budgets with actual revenues and allow the districts to receive their total combined appropriations.