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Greenville council approves budget ordinance amendment, creates inspections enterprise fund

2762016 ยท March 25, 2025
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Summary

Council approved Budget Ordinance Amendment No. 8, establishing an Inspections Enterprise Fund and making multiple transfers and appropriations totaling adjustments within the FY25 budget; vote was 6-0.

The Greenville City Council unanimously approved Budget Ordinance Amendment No. 8 on March 24, which adjusts multiple operating funds for fiscal year 2025 and establishes a new Inspections Enterprise Fund to comply with state statute.

Chief Financial Officer Jacob Joyner summarized the ordinance's line items. Joyner said the amendment would establish an Inspections Enterprise Fund by decreasing the general fund by $1,300,000 and increasing the inspections fund by $1,700,000; the transcript records those figures as presented. Other adjustments included a $90,000 transfer from the occupancy tax fund to the general fund for wayfinding signage; a transfer of $100,000 from the general fund to match grant revenue for Woodlawn Park that increases the recreation and parks capital project fund by $600,000; and a $231,000 appropriation for the purchase of police vehicles from the vehicle replacement fund.

Joyner also reported a $100,000 transfer from the occupancy tax fund to the general fund to support the North Carolina League of Municipalities conference, a $33,000 revenue adjustment within the general fund to cover departmental operations and a $150,000 appropriation for development of a shell building in the industrial park. Joyner said the overall operating budget for the city would be $197,200,000 after the adjustments and asked the council to approve the ordinance.

Councilmember Blackburn moved to approve; Councilmember Scully seconded. The motion passed 6โ€“0.

The ordinance establishes the Inspections Enterprise Fund (stated to comply with state statute) and reallocates funds for parks, vehicle replacement and economic development projects. Council did not discuss additional details such as the inspections fund revenue sources beyond the general-fund decrease and did not set follow-up reporting dates during the meeting.

Provenance: The budget presentation and the recorded vote are in the meeting transcript where the CFO presented Budget Ordinance Amendment No. 8 and council voted to adopt it.