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<br />_ CABARRUS COUNTY <br />445 ~ ~j- <br />~~ `~;t BOARD OF COMMISSIONERS <br />* ~ REGULAR MEETING <br />~~ JUNE 15 2009 <br />6:30 P.M. <br />' AGENDA CATEGORY: <br />Consent Agenda <br />' SUBJECT: <br />Finance -Budget Amendment (Justice Center Debt Payment - $404,961.00) <br />t <br />BRIEF SUMMARY: <br />' In the FY 2009 budget, $404,961.00 of the $1,404,961.00 interest payment <br />on the Housing Unit debt was planned to be paid for by the interest earning <br />from Justice Center Construction Fund. The $404,961.00 needs to be <br />' transferred from the Construction Fund to the General Fund for the <br />accounting of the full interest payment which is recorded in the Debt Service <br />Budget. A budget revision is attached to properly record this transaction. <br />REQUESTED ACTION: <br />' Motion to adopt budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />1 <br />SUBMITTED BY: <br />' Pamela S. Dubois, Deputy County Manager <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. Approval is recommended. <br />BUDGET AMENDMENT: <br />Date: 5/26/2009 Amount: $404,961 <br />F-3 <br />Page 115 of 433 <br />