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AG 2016 05 16
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AG 2016 05 16
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Last modified
5/18/2016 12:20:36 PM
Creation date
11/27/2017 10:33:09 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
5/16/2016
Board
Board of Commissioners
Meeting Type
Regular
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Section 11. The County Manager is hereby authorized to transfer <br />revenues and appropriation within an ordinance as contained herein <br />under the following conditions: <br />a. The Manager may transfer amounts between objects of <br />expenditures and revenues within a function without <br />limitation. <br />b. The Manager may transfer amounts up to $100,000 between <br />functions of the same ordinance. <br />c. The Manager may transfer amounts between contingency <br />funds which are set aside for a specific project for <br />budgetary shortfalls or upon the appropriate approval of <br />a change order. <br />d. Upon notification of funding increases or decreases to <br />existing grants or revenues or the award of grants or <br />revenues, the Manager or Finance Officer may adjust <br />budgets to match, including grants that require a County <br />match for which funds are available. <br />e. The Manager may enter into and execute change orders or <br />amendments to County construction contracts in amounts <br />up to $90,000 when the project ordinance contains <br />sufficient appropriated but unencumbered funds. <br />Adopted this 16th day of May 2016. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />ATTEST: <br />voF <br />Stephen M. Morris, Chairman <br />Clerk to the Board <br />Attachment number 1 \n <br />F -4 Page 75 <br />
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