4-17-17 Regular Meeting - Laserfiche WebLink

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4-17-2017 BOC Meeting Aye: Dalrymple, Oldham, Reives, Sloan, Sharpe Nay: None Absent: Dodson, Knecht The Chair ruled the motion had been adopted unanimously. Colon Rd Water Project Capital Project Budget Ordinance Finance Director Lisa Minter requested approval of a Capital Project Budget Ordinance for the Colon Road Water Project. In November 2016, the County approved an interlocal agreement with the City of Sanford for a loan of $350,000 for the County to develop, design, construct, and complete waterlines in the area of Colon Road, Birchard Road, and Hawkinberry Lane. The ordinance establishes a capital project account for the revenues and expenses of the project. Commissioner Reives moved to approve the Colon Road Water Project Capital Project Budget Ordinance, a copy of which is attached to these minutes and by this reference made a part hereof. Upon a vote, the results were as follows: Aye: Dalrymple, Oldham, Reives, Sloan, Sharpe Nay: None Absent: Dodson, Knecht The Chair ruled the motion had been adopted unanimously. Budget Amendment #04/17/17/14 Finance Director Lisa Minter presented budget amendment # 04/17/17/14 for the Board's consideration. Lisa Minter stated that the amendment will appropriate $266,270.00 from fund balance for OT Sloan Pool upgrades. $58,545.00 is for the filtration system, $47,725.00 is for the heating system, $145,000 is for the bulkhead, and $15,000 is for consultant fees. Commissioner Sloan moved to approve Budget Amendment #04/17/17/14, a copy of which is attached to these minutes and by this reference made a part hereof. Upon a vote, the results were as follows: Aye: Dalrymple, Oldham, Reives, Sharpe, Sloan Nay: None Absent: Dodson, Knecht, The Chair ruled the motion had been adopted unanimously. March 2017 Financial Report Finance Director Lisa Minter provided the monthly financial report for March 2017. She reminded the Board that sales tax revenues run three months behind. Tax collections through March 2017 are 1.31 % ahead of the same period last year. Sales tax revenues through December 2016 have been posted, and we are at 51.47% of our budget figure. In reviewing expenditures, the percentage used target is 75.00%. Only a few departments are exceeding the target as of the end of March, which include Governing Body, Elections, and Medical Examiner. No action was taken. Page 415