Laserfiche WebLink
CABARRUS COUNTY SCHOOL CONSTRUCTION PROJECT <br />BUDGET ORDINANCE <br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North Carolina <br />that, Pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the <br />following capital project ordinance is hereby adopted: <br />Section I. <br />A. The project authorized is for the construction and renovations of Public Schools. <br />Details of the projects are listed in section D. of this Project Ordinance. <br />B. The officers of this unit are hereby directed to proceed with this capital project within <br />the terms of the Generally Accepted Accounting Principles (GAAP) and the budget <br />contained herein. <br />a. It is estimated that the following revenues will be available to complete capital <br />projects as listed. <br />General Fund Contribution $4,948,299 <br />Capital Reserve Contribution 25,939,250 <br />Capital Projects Fund Contribution 2,753,931 <br />TOTAL REVENUES <br />C. The following appropriations are made as listed. <br />Odell Grades 3 -5 Elementary School <br />Northwest Middle School Roof <br />Rocky River Elementary School Roof <br />Winecoff Elementary School Roof <br />Mt. Pleasant High School Roof <br />Jay M. Robinson High School Roof <br />Early College Site at RCCC <br />Kannapolis Intermediate Renovations <br />CBTC Campus Renovations, Safety, Security <br />CBTC A/C Units Replacement Phase II <br />School Land Banking <br />TOTAL EXPENDITURES <br />GRAND TOTAL — REVENUES <br />GRAND TOTAL — EXPENDITURES <br />Section II. <br />A. Special appropriations to non - profit organizations <br />execution of an agreement which ensures that <br />statutorily permissible public purposes. <br />$33,641,480 <br />$22,516,035 <br />981,732 <br />708,370 <br />733,320 <br />638,894 <br />1,151,094 <br />727,960 <br />750,000 <br />184,075 <br />105,000 <br />$5,145,000 <br />$33,641,480 <br />$33,641,480 <br />$33,641,480 <br />shall be distributed after the <br />all County funds are used for <br />B. The County Manager or designee is hereby authorized to transfer appropriations <br />within or between funds, or modify revenue and expenditure projections as contained <br />herein under the following conditions: <br />Attachment number 2 \n <br />G -2 Page 363 <br />