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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Agenda Item # F - J 'f <br /> <br />Meeting Date 11/21/05 <br /> <br />SUBJECT: <br />Unallocated Operating Fund Balance of Cabarrus County Tourism Authority (CCTA) <br /> <br />BRIEF SUMMARY: <br /> <br />Per the attached minutes from the September 28, 2005 CCTA Board meeting, a request is <br />being made to allow the remaining unallocated operating fund balance on June 30, 2005 <br />to be designated as an operating reserve for any contingencies for the CCT A during the <br />fiscal year 2006. The total amount of excess funds at June 30, 2005 was $688,288. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item... presented) <br /> <br />Approve the request as stated to allow CCT A to designate the remaining allocated fund <br />balance of $688,288 for any contingencies during the fiscal year 2006. <br /> <br />Attachments 1&1 Yes 0 No Expected Length of Presentation <br />Submitted By: Pamela S. Dubois, Deputy County Manager Date: 11/3/05 <br /> <br />Budget Amendment Required: 0 Yes 1&1 No <br />Budget Amendment Attached and Reviewed by Budget Officer: 0 Yes ~ No <br />County Manager's Recommendations/Comments: <br /> <br />This request is consistent with the enabling legislation. Approval is recommended. <br /> <br />Manager's Signature <br /> <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />F='-IY- <br />