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AG 2009 12 21
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AG 2009 12 21
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Last modified
2/8/2010 4:38:54 PM
Creation date
11/27/2017 11:27:35 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
2/8/2010
Board
Board of Commissioners
Meeting Type
Regular
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BUDGET AMENDMENT: <br />Date: 11/20/2009 Amount: $3,802,349.22 <br />Dept. Head: Susan B. Fearrington Department: Finance -Debt Service <br />^ Internal Transfer Within Department^ Transfer Between Departments/Funds 0 Supplemental Request <br />Purpose: <br />On 7-16-09 Cabarrus County issued $85,170,000 of COPS for the construction and renovation of schools. Debt Service payments for FY 2010 <br />will be $3,802,349.22. The payments are being funded through Capitalized Interest from the 2009 COPS Capital Projects Fund. This <br />amendment records the budget for the debt service payment and the transfer to the General Fund from the 2009 COPS Capital Projects Fund. <br />Account Number Account Name A proved Budget Inc Amount Dec Amount Revised Bud et <br />00199110-9975 COPS Interest-Schools $5,394,069.00 $3,802,349.22 $9,196,418.22 <br />001 691 1 0-6920 ContfromGOPS $0.00 $3,802,349.22 $3,802,349.22 <br /> Total <br />ATTACHMENTS <br />02009 COPS Debt Service Schedule <br />F-8 Page 127 <br />
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