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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />MAY 17, 2010 <br />6:30 P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance -Adoption of Administrative Budget Amendment ($750), Utility <br />Special Revenue Project Ordinance <br />BRIEF SUMMARY: <br />The Capital Reserve Utility Fund is being converted to a Special Revenue <br />Fund upon advice from the County's auditors. Specific line item adjustments <br />are detailed on the following budget amendment. The corresponding Utility <br />Special Revenue Fund Project Ordinance is also included for adoption. <br />REQUESTED ACTION: <br />Motion to adopt budget amendment and Utility Special Revenue Project <br />Ordinance. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan B. Fearrington, Assistant Finance Director <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 />F-2 Page 53 <br />