Item Coversheet

Agenda Item Summary



Ordinance # / Resolution #: Ordinance 2024-1924
Contact Person / Sponsor: Jamie Privuznak / Budget Director and Sabrena Harris / CFO, Finance Department
Department: Finance
Date Requested to be on Agenda: 8/26/2024
Council Action Requested:

1)  Recognize, receive, and appropriate new intergovernmental State revenue (i.e., State Aid to Libraries and State C Funds to the County Transportation Committee),

 

 2) Review Scrivener's errors and approve revisions to the FY25 adopted Fee Schedule;

 

2) Adopt the revised Annual Budget Ordinance and Fee Schedule as amended.



Strategic Plan Focus Area Alignment:

High Performance

Intentionally and intensely cultivate a culture of high performance throughout the County workforce.
Points to Consider:

In July 2024, the Library was notified of a revenue increase to the State Aid to Libraries revenue source as part of the State's budget process.  The FY25 total allotment is $240,975.  The County will receive $60,243.75 from the State quarterly. 

 

The FY25 adopted budget includes $185,000 in State Aid to Libraries in the General Fund.   This is a revenue increase of $55.9K to the General Fund for the Library system.  

 

See Exhibit A. "FY25 SC State Aid to Libraries" for the State's allotment and quarterly distribution schedule by county.

 

In July 2024, the Public Works division was notified by SCDOT of a revenue increase for the County Transportation Committee ("CTC") for county and state road improvements.  The total allotment for Lancaster County is $5,970,300 and includes $2,186,400 in recurring funds and $3,783,900 in non-recurring dollars. 

 

The FY25 adopted budget includes $1,400,000 for CTC funds.  The revenue increase to the Transportation Committee Fund (Fund 20) is $4,570,300 and is distributed by the State monthly. 

 

See Exhibit "FY25 Apportionment Forecasts" for the Lancaster County total allotment from the State including the recurring and non-recurring amounts by county.

 

The FY25 Fee Schedule was adopted by Council as an exhibit to the annual budget ordinance (Ord # 2024-1910) on Monday, June 24. 

 

In mid-July, Finance staff was made aware of five Scrivener's errors to the adopted fee schedule.  Finance staff worked with the impacted departments to identify and revise the errors.  The revised fee schedule is attached.

 

The purpose of this agenda item is to amend the adopted budget ordinance to reflect the State revenue allotments for the Library and the CTC and to amend the fee schedule to include the intended revisions for FY25 as made by the departments.  



Funding and Liability Factors:

The State Aid to Libraries and State C Funds are new revenue and increases the bottom line of the annual budget ordinance.  Each revenue source has restrictions on how the dollars can be spent.  

 

The Planning and Zoning Department confirmed that the Road Name Change fee was charged incorrectly, based on what was adopted. Staff will refund the resident appropriately.  All other departments with revisions have confirmed that fees have been charged based on what was adopted in June.  The departments with amendments to the fee schedule understand and agreed that the fees, as adopted, would be charged unless and until Council adopts any revisions.



Recommendation:

Staff recommends adopting the revised budget ordinance and fee schedule accordingly.  



ATTACHMENTS:
DescriptionUpload DateType
Ordinance 2024-19248/22/2024Ordinance
Exhibit A to Ordinance 2024-1924 - Revised FY25 Fee Schedule8/22/2024Exhibit
FY25 SC State Aid to Libraries8/8/2024Backup Material
FY25 Apportionment Forecast Memo8/8/2024Backup Material
Price Quotation for Carasoft Technology Corp8/22/2024Backup Material
Power Point Presentation for 2nd Reading of Budget Amendment8/22/2024Presentation