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Creating Kannapolis City Schools <br /> �uiiL William F. <br /> 100 DENVER STREET Director b ree@ <br /> KANNAPOLIS,NC 28083 WiILCrabtreeC <br /> KCS <br /> 704-938-1131 FAX:704-933-6370 <br /> http:/www.kannapoIis.k12.nc.us <br /> January 24, 2017 <br /> To: Mike Downs, County Manager <br /> From: Dr. Chip Buckwell, Superintendent <br /> Will Crabtree, Director of Business Operations <br /> Re: Request to Amend Budget for Charter Schools <br /> We would like to request an additional allotment of$601,800 in the capital fund. <br /> $328,600 would help with unexpected costs arising from the Kannapolis Charter <br /> School and $275,000 would help with the unexpected loss of revenue due to <br /> growth changes. We would then transfer the expense for computers and a bus <br /> from our current expense fund to capital fund, freeing up the budget in the current <br /> expense fund. This is a one year fix for the 2016-2017 year. Thank you for your <br /> attention to this matter. <br /> Attachment number 1 \n <br /> F-8 Page 91 <br />