Title
Ordinance in the Amount of $303,984 Amending Fire Station Bond Revenue Funds Received from Guilford County for Appropriation to Firefighting Equipment Accounting Unit
Body
Department: Fire
Council District: All
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Bobby Nugent - 336-373-2297
Contact 2 and Phone: Clarence Hunter - 336-574-4013
PURPOSE:
The Greensboro Fire Department desires to reallocate $303,984 in revenue funds received from Guilford County into the appropriate account for future use.
BACKGROUND:
The City of Greensboro has previously entered into an Inter-Governmental Agreement with Guilford County, which provides for County Emergency Medical Responders to occupy a portion of the Reedy Fork Fire Station. Per terms of the agreement, the City received $353,984 from Guilford County. This amount was officially designated to be used by the City to purchase land and/or firefighting equipment for the Greensboro Fire Department, and is documented in a resolution adopted on June 16, 2015.
$50,000 of this amount was previously reallocated to supplement the purchase of a Firefighting Foam Storage Building, leaving $303,984 available for future use.
BUDGET IMPACT:
There is no negative impact on the Departmental Operating Budget. The adopted resolution provides for revenue funds to be utilized for firefighting equipment, resulting in a positive budget impact.
RECOMMENDATION / ACTION REQUESTED:
It is requested that the City Council adopt the attached budget ordinance.
COMMITTEE ACTION: This item was referred to Council by the Public Safety Committee.