What: A $150,000 budget amendment recognizing grant revenue and a matching expense for the North Carolina Railroad Economic Development Grant awarded for the OBE Warehousing, Inc. project (Ordinance 913).
Where it stands: Adopted unanimously on August 10, 2026.
August 10, 2026
Added to the agenda that evening on a motion by Horn, seconded by Lane; passed unanimously.
Dearmin explained that the funds were first recognized in the FY 2024-25 budget. OBE Warehousing, Inc. did not submit its reimbursement request and supporting documents until July 2026, after that fiscal year closed, so the amount had to be budgeted again in FY 2026-27.
Motion by Lane, seconded by Horn, to adopt Ordinance 913, the FY 2026-27 budget amendment; passed unanimously.