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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Meeting Date 6/19/06 <br /> <br />Agenda Item # T - I <br /> <br />SUBJECT: <br />Loss of sales tax reimbursement for School Purchases/Construction <br /> <br />BRIEF SUMMARY: <br /> <br />Ruling was changed Effective July 1, 2005 concenring County's abilities to receive sales <br />tax reimbursements for school purchases/consctruction. There is a potential that this ruling <br />could be reversed by the House and Senate. Details are attached in a memo explaining <br />the monetary effects of this situatution <br /> <br />REQUESTED ACTION: (Suggested motion If the Board approves the agenda Item as presented) <br />NONE <br /> <br />Attachments ~ Yes 0 No Expected Length of Presentation <br />Submitted By: Pamela S. Dubois, Deputy County Manager Date: 5/31/06 <br /> <br />Budget Amendment Required: 0 Yes 0 No <br />Budget Amendment Attached and Reviewed by Budget Officer: 0 Yes 0 No <br />County Manager's Recommendations/Comments: <br /> <br />Manager's Signature <br /> <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />T-l <br />