HomeMy WebLinkAboutPublic Hearing - BOCCOpen Record Public Hearing
Auditor's Office and New Hope Budget Extensions
October 19, 2021
3:00 p.m.
In Attendance:
Cindy Carter, Chair
Danny E. Stone, Vice -Chair
Rob Jones, Member
Barbara J. Vasquez, Clerk of the Board
Madeline Prentice, Chief Auditor
Suzi Fodi, New Hope
Public: See sign in sheet
The Commissioners held an Open Record Public Hearing to consider the following budget et extension
req uests:
• Affordable Housing, fund 129 - $31,000. We anticipate receiving more revenue from recordings
than we initially budgeted.
• Homeless Housing, fund 130 - $325.,000. We anticipate receiving more revenue from recordings
than we initially budgeted.
• Affordable and Supportive Housing, fund 141- $80,000. We anticipate receiving more revenue
from tax credits than we originally budgeted.
• ERP Reserve, fund 312 - $1,000,000.00 for the purchase of the County's new ERP system. If this
budget extension is approved, I am also requesting to transfer the $1,000,000.00 from Current
Expense Fund 001 to the ERP Reserve Fund 312.
• ERP Reserve, fund 312 - $9.,000. The ERP Reserve Fund was established as an interest-bearing
fund, but we did not include projected interest earnings in the initial budget extension request.
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This is the additional revenue that we anticipate receiving on the money transferred to the fund
to pay for the ERP system
• New Hope, fund 128 - in the amount of $32,900.00 to receive American Rescue Plan funds
approved by the commissioners to be used for salaries, benefits, rent and professional services.
Suzi Fode, New Hope and Madeline Prentice, Chief Accountant gave brief explanations of their requests.
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A motion was made by Commissioner Jones, seconded by Commissioner Stone, to close thep ublic
comment portion of the hearing. The motion passed unanimously. A motion was made by
Commissioner Stone, seconded by Commissioner Jones to approve the budget extensions asresente
p d.
The motion passed unanimously.