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CABARRUS COUNTY <br />* <br />REGULAR MEETING <br />1 <br />JANUA <br />• P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - Update Fund 460, Small Projects Capital Projects Ordinance <br />and Budget Amendment <br />BRIEF SUMMARY: <br />In preparation of closing out the Lomax Farm capital project, all excess <br />revenues assigned to the project are being returned to the Local <br />Agriculture Preservation Project. This project will be closed out at the end <br />of the fiscal year during the audit process. Also during this update, all <br />other revenues collected in excess of budget for other projects are being <br />updated for future use, based on their designated purpose such as: Board <br />of Elections Equipment, Register of Deeds Automation Fund, and Soil and <br />Water fund. The County updates each Project Ordinance at least annually <br />based on changes to projects and /or excess revenue collections that <br />occur during the fiscal year. <br />REQUESTED ACTION: <br />Motion to approve the updated Small Projects Capital Project Ordinance <br />and related budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan Fearrington, Finance Director <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />F -4 Page 72 <br />