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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 # F - I 4-- <br /> <br />SUBJECT: <br />Capital Reserve Utility Fund <br /> <br />BRIEF SUMMARY: <br /> <br />A budget amendment is attached to appropriate additional revenues for the Capital <br />Reserve Utility Fund (Fund 451). A total of $618,000 has already been collected <br />(including interest earnings) since inception. This fund is a multi-year fund and requires <br />periodic review and adjustments. <br /> <br />REQUESTED ACTION: (Suggested motion If the Board approves the agenda Item aa preaent8d) <br />Approval of budget amendment to update the budget to reflect current collected revenues. <br /> <br />Attachments ~ Yes 0 No Expected Length of Presentation <br /> <br />Submitted By: Susan B. FearringtonlAsst. Finance Director Date: 5/26/06 <br />Name / Job Title <br /> <br />Budget Amendment Required: ~ Yes 0 No <br />Budget Amendment Attached and Reviewed by Budget Officer: 0 Yes 0 No <br /> <br />County Manager's Recommendations/Comments: <br /> <br />Approval is recommended. <br /> <br />Manager's Signature <br /> <br /> <br />Q <br /> <br />Action Taken: <br />Approvecl [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />t="" - I L/- <br />