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1. The Manager may transfer amounts between objects of <br />expenditures and revenues within a function without <br />limitation. <br />a. The Manager may transfer amounts up to $100,000 between <br />functions of the same ordinance. <br />b. The Manager may transfer amounts between contingency <br />funds which are set aside for a specific project for <br />budgetary shortfalls or upon the appropriate approval of <br />a change order. <br />c. Upon notification of funding increases or decreases to <br />existing grants or revenues, or the award of grants or <br />revenues, the Manager or Finance Director may adjust <br />budgets to match. <br />d. The Manager or Finance Director may adjust debt <br />financing from estimated projections to actual funds <br />received. <br />e. The Manager may enter into and execute change orders or <br />amendments to construction contracts in amounts less <br />than $90,000 when the project ordinance contains <br />sufficient appropriated but unencumbered funds. <br />Prepared this 18th day of October 2010. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: <br />H. Jay White, Sr., Chairman <br />ATTEST: <br />Clerk to the Board <br />Attachment number 1 <br />F -7 Page 126 <br />