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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 2/19/07 <br />Agenda Item # F - (D <br />SUBJECT: <br />Finance Department -Budget Amendment (Construction of New Bus Garage as Approved <br />in Budget) <br />BRIEF SUMMARY: <br />A budget amendment is being submitted to establish a budget for the construction of a new <br />Bus Garage for the Cabarrus County Schools. The construction of the Bus Garage was <br />approved in the FY07 CIP. Only the General Fund portion of this budget was established <br />during the budgeting process. The Bus Garage is being accounted for in the School <br />Construction Fund and funded with a General Fund contribution of $3,478,638 and a <br />Capital Reserve contribution of $1,271,362. <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Adopt budget amendment. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: Susan B. FearringtonlAsst. Finance Director Date: 1/11/07 <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 RecommendationslComments: <br />This item was approvd by the Board of Commissioners on February 5, 2007 for inclusion in <br />the Agenda as a Consent item. Approval is recommended. <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [ ] Other [ ] <br />F- ~ <br />