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Fletcher council approves budget amendments to record sales tax and fund hurricane park repairs
Summary
At a Fletcher Town Council meeting, staff presented and the council approved two budget amendments and a fund-balance assignment to account for sales-tax flows, transfer money to a special hurricane-repair fund and assign $30,868 to the Future Park Development fund; FEMA reimbursements and donations are expected to cover most storm costs.
Heather, a Fletcher town staff member, told the council on the last day of the fiscal year that the first item on the agenda was Budget Amendment No. 5 to record sales-tax activity as both an expense and a matching revenue entry. "We're budgeting a revenue of 55,000 and an expense of 55,000," she said, calling the entry an end-of-year adjusting journal entry that does not change the town's net position.
The amendment was moved, seconded and approved by voice vote. No roll-call votes or individual votes were recorded in the transcript.
Heather then presented Budget Amendment No. 6, proposing a transfer from the general fund into a special project account (Fund 40) created after Hurricane Helen to cover major park repairs: electrical work, core repairs to a concession/restroom area, fencing, and a greenway bridge and stream-bank trail project. She said the town currently has about $440,000 across the two funds and that staff anticipated making a roughly $65,000 transfer now to keep payables and cash flow clean.
On expected reimbursements, Heather said the town anticipates receiving FEMA reimbursements once projects are complete and submitted, estimating the reimbursement rate "between 75 and 80 percent." She also noted a past $100,000 donation received through the Bunkham County Community Foundation and a $5,000 donation from Pepsi that staff had counted in general fund totals for budgeting purposes. The council moved, seconded and approved the transfer by voice vote.
Council members also approved an assignment of $30,868 to the town's Future Park Development fund for fiscal year 2025. Heather described the fund as a restricted designation used only for park improvements (including sidewalks and greenway work) and noted that prior designations — including a library designation and an ARPA-funded capital reserve from the town's $2.6 million ARPA allocation — remained unchanged.
Heather added a brief fundraising note: last year's town golf tournament netted roughly $3,000 after expenses when the venue changed, and she said staff may consider raising the entry or sponsorship levels next year to increase net proceeds.
A council member moved to adjourn; the motion was seconded and approved by voice vote. Staff said it will bring back any further changes if reimbursements or project costs require adjustments.
