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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 3/24/08 Agenda Item # F- ~ Q <br />SUBJECT: <br />Finance Department -Budget Amendment (School Construction Fund $10,800,401) <br />BRIEF SUMMARY: <br />The following budget amendment will enable the county to: 1)adjust the School <br />Construction budgets from estimates to actual contract amounts, 2) record actual proceeds <br />from the issuance of COPS, 3) record the payoff of a previous Installment Financing, and <br />4) record the proceeds from the refunding of the 1999 Installment Payment Revenue <br />Bonds. <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Motion to adopt budget amendment. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: Susan B. Fearrington/Asst. Finance Director Date: 2/28/08 <br />Name /Job Title <br />Budget Amendment Required: ^X Yes ^ No <br />Budget Amendment Attached and Reviewed by Budget Officer: ~ Yes ^ No <br />County Manager's Recommendations/Comments: <br />This item was approved by the Board for inclusion on the Agenda as a Consent item. <br />Approval is recommended. <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [ ] Other [ ] <br />~` <br />