File #: 16-2390   
Type: Consent Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 10/7/2019 Final action:
Title: Amend FY 2020 Budget to Reflect 21st Amendment to the Interlocal Agreement between Wake County and the City of Raleigh Regarding Implementation of Countywide Room Occupancy and Prepared Food and Beverage Tax
Attachments: 1. ILA 21st Amendment Agenda Item.pdf, 2. Budget Memo - Major Facilities Operating FY20.pdf, 3. CIP Budget Memo - FY 2020 Major Facilities Capital (4500).pdf, 4. Final Major Facilities 21st.pdf

Title

Amend FY 2020 Budget to Reflect 21st Amendment to the Interlocal Agreement between Wake County and the City of Raleigh Regarding Implementation of Countywide Room Occupancy and Prepared Food and Beverage Tax

Recommended Action                                          

That the Board of Commissioners take the following actions to amend the FY 2020 budget to align with the 21st Amendment to the Interlocal Agreement between Wake County and the City of Raleigh Regarding Implementation of Countywide Room Occupancy and Prepared Food and Beverage Tax:

 

1.                     Appropriates $6,150,000 and approves budget revisions to the FY 2020 Major Facilities Operating Fund; and

 

2.                     Appropriates $5,400,000 and approves budget revisions to the Major Facilities Capital Fund.