July 28, 2020Asheville City Council
From the minutes, not yet reviewedCouncil changes the budget.
Council voted to change the budget to establish a budget in the City’s Special Revenue Fund beginning in fiscal year 2019-20 budget for the funding that the City has received from Buncombe County as part of the State’s Coronavirus Relief Fund.
- Passed with the routine items, in one vote, without discussion.
- What the City says it's for: “The amendment will simply allow staff to consolidate all expenses in a single project in the City’s Special Revenue Fund.”
- The money, in the minutes' words: “To be in compliance with this guidance, staff is recommending City Council approve a budget amendment in the amount of $943,771 to establish a budget for the City’s CRF funding in the Special Revenue Fund.”
What that means
- Consent agenda:
- Routine items Council approves together in one vote, without discussion. Any member can pull an item out for its own vote.
- Budget amendment:
- A change to the City's spending plan after it's passed. It adds money that came in, or moves money to a new use.
- Fiscal year:
- The City's budget year runs from July 1 to June 30. Fiscal year 2027 runs from July 1, 2026, to June 30, 2027.
More from the minutes
- “Since operation of the shelter began, the City has been utilizing existing budget authorization within the Affordable Housing Project in the City’s General Capital Projects Fund.”
Official title: Budget amendment to establish a budget in the City’s Special Revenue Fund beginning in Fiscal Year 2019-20 budget for the funding that the City has received from Buncombe County as part of the State’s Coronavirus Relief Fund
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilman Kapoor and carried unanimously by roll call vote.
Read the motion as recorded
“ORDINANCE NO. 4814 - BUDGET AMENDMENT TO ESTABLISH A BUDGET IN THE CITY’S SPECIAL REVENUE FUND BEGINNING IN FISCAL YEAR 2019-20 BUDGET FOR THE FUNDING THAT THE CITY HAS RECEIVED FROM BUNCOMBE COUNTY AS PART OF THE STATE’S CORONAVIRUS RELIEF FUND”
Open the minutesConsent agenda, item F