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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />*� REGULAR MEETING <br />AUGUST 15, 2016 <br />1 <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - KCS Request to Reappropriate FY16 Capital Funding <br />BRIEF SUMMARY: <br />Kannapolis City Schools (KCS) had $95,815.40 in annual capital funding <br />at the end of June 30, 2016. The school system is submitting a request to <br />have the funds reappropriated to FY17. <br />REQUESTED ACTION: <br />Motion to approve the Kannapolis City FY16 reappropriation request in <br />the amount of $95,815.40 and to approve the related budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Will Crabtree, Director of Business Operations, KCS <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 />Consent item. <br />BUDGET AMENDMENT: <br />L Date: 8/15/2016 <br />Amount: $95,815.40 <br />F -5 Page 100 <br />