FY2021 Budget

5. May reallocate personnel lapse salary to address recruitment and retention issues within job classifications including market conditions, assessment centers and to begin succession planning. B. Contract and/or Grants as Authority 1. May execute construction or repair projects, which do not require formal competitive bid procedures and for the purchase of apparatus, supplies, materials, service agreements, equipment and rental agreements, which are within budgeted appropriations. 2. May approve the application and execution of grant agreements to or from public and nonprofit organizations, unless a grantor organization requires execution by the Town Council. 3. May execute contracts as the lessor or lessee of real property for a maximum duration of five years or less. C. Special Appropriation Authorization 1. May recognize and appropriate cost share reimbursements or other reimbursement types and direct said funds back to the appropriate Departmental Budget. 2. May recognize and appropriate donations received for restricted or special designations. 3. May recognize and re-appropriate any unused funds originally designated in Fiscal Year 2020 Budget specifically for development of a Senior Center back to the appropriate Department Budget for the same intended purpose. 4. May recognize and appropriate all insurance claim reimbursements received along with fees for the disposal of assets and direct said funds back to the affected department. D. Inter-fund Loan Authorization 1. May make inter-fund loans as necessary to meet cash flow needs for approved capital project ordinances for working capital purposes pending receipt of debt proceeds, awarded grant reimbursements or other agreements.

SECTION 17. UTILIZATION OF BUDGET ORDINANCE

A. This ordinance shall be the basis of the financial plan for the Morrisville Municipal Government during Fiscal Year 2021. The Town Manager/Budget Officer shall administer the Budget and ensure that operating officials are provided guidance and sufficient details to implement their appropriate portion of the Budget. B. The Finance Department shall establish and maintain all records, which are in consonance with this Budget Ordinance and the appropriate Statutes of the State of North Carolina.

SECTION 18. RE-APPROPRIATION OF FUNDS ENCUMBERED IN FY 2020

Operating funds encumbered on the financial records as of June 30, 2020, are hereby re-appropriated to Fiscal Year 2021.

Adopted this 23 rd day of June 2020

______________________________

TJ Cawley, Mayor

ATTEST:

______________________________

Eric W. Smith II, Town Clerk

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