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CABARRUS COUNTY <br />BOARD OF • • <br />* <br />REGULAR <br />¢ TN eA BO <br />O 1 <br />� / <br />1 P .M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - Construction & Demolition Landfill Budget Amendment <br />BRIEF SUMMARY: <br />A budget amendment to adjust the landfill closure and post closure liability <br />accounts will also be presented. This budget amendment is intended <br />to increase the Landfill Capital Reserve Expense account through an <br />allocation of Fund Balance. The Capital Reserve Expense account is used <br />to adjust the Landfill Closure /Post Closure Liability accounts. A new <br />Closure and Post Closure Estimate has been prepared as of September <br />2015. To incorporate the changes the liability accounts will need to be <br />increased a total of $823,022. The Capital Reserve has a current budget <br />of $196, 920 requiring $626,102 from Fund Balance. <br />REQUESTED ACTION: <br />Motion to adopt budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan Fearrington, Finance Director <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />COUNTY MANAGER'S RECOMMENDATIONS /COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />F -5 Page 64 <br />