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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 5/19/08 Agenda Item # ~ ~ <br />SUBJECT: <br />County Manager -Budget Amendment (Sustainable Community Initiative - $400,000) <br />BRIEF SUMMARY: <br />This budget amendment transfers unused funds to the Capital Reserve for the Sustainable <br />Community Initiative. Initial County funding of $400,000 will come from the unused Phillip <br />Morris Incentive, as previously approved by the Board. ANC Agricultural Development & <br />Farmland Preservation Trust Fund grant application has been submitted and is expected tc <br />provide additional funding. <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Motion to adopt the budget amendment. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: John Day, County Manager <br />Name I Job Title <br />Date: 5/1/08 <br />Budget Amendment Required: ~ Yes ^ No <br />Budget Amendment Attached and Reviewed by Budget Officer: ^X Yes ^ Nc <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 />