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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 1/22/07 Agenda Item # ~ ~ l <br />SUBJECT: <br />NC Education Lottery Proceeds Accounting <br />BRIEF SUMMARY: <br />This budget amendment serves to adhere to the Local Government Commission <br />accounting guidelines by having the lottery proceeds come into the Public School Capital <br />Fund rather than the General Fund as we had originally budgeted. The estimated <br />budgetary amount remains the same, $4,181,192. <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Approval of budget amendment for accounting purposes. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: Pamela S. Dubois, Deputy County Mgr. Date: 12/28/06 <br />Budget Amendment Required: D Yes ^ No <br />Budget Amendment Attached and Reviewed by Budget Officer: ^O Yes ^ No <br />County Manager's Recommendations/Comments: <br />Approval is recommended. <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [ ] Other [ ] <br />-F- <br />