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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 6/16/08 Agenda Item # - ~p <br />SUBJECT: <br />Finance Department -Budget Amendment - (Appropriation of Interest Earnings in the <br />Tourism Authority Fund - $11,000) <br />BRIEF SUMMARY: <br />This budget amendment appropriates $11,000 in interest earnings to cover <br />overexpenditures in several line items and for any unanticipated expenditures in the <br />Tourism Authority Fund prior to year-end. The Convention & Visitors Bureau staff have <br />been notified that the County is taking this action to protect the Toursim Fund from being <br />overdrawn at year-end. <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: Loretta Lee, Budget & Performance Mgr. Date: 5/29/08 <br />Name /Job Title <br />Budget Amendment Required: ^D Yes ^ No <br />Budget Amendment Attached and Reviewed by Budget Officer: ^D 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 />r----o <br />