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CABARRUS COUNTY <br />BOARD OF • • <br />* REGULAR MEETING <br />��8�a ��i ►� <br />MAY 21 <br />1 <br />`�iri�JJ1 /J� <br />6: 30 P .M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - Update of Capital Projects and Special Revenue Funds Project <br />Ordinances and Budget Amendment <br />BRIEF SUMMARY: <br />This is an annual update that is prepared for all on- going /cumulative Capital <br />Projects and Special Revenue Funds not required to be annually adopted in <br />the budget process. Project Ordinances have been updated to show the <br />current status of projects. In addition, a budget amendment has been <br />prepared to appropriate funds that have already been collected in FY 2012 <br />and expected to be received in FY 2013. The Lomax Farm Project budget <br />was revised by reclassifying currently budgeted line item amounts according <br />to what is expected to be spent for next fiscal year. New revenues are <br />expected to be collected for operations in the amount of $5,685.00 for FY <br />2013. <br />REQUESTED ACTION: <br />Motion to adopt project ordinances. <br />Motion to adopt budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Shelley Farris, Accounting Supervisor <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />F -6 Page 92 <br />