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Meeting Date 1/26/04 <br /> <br /> CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Agenda Item # ~'-- J <br /> <br />SUBJECT: <br />Fire District Sales Tax Allocation <br /> <br />BRIEF SUMMARY: <br />A budget should be established for the distribution of sales taxes to the local fire districts. <br />In the past, the fire districts' portion of sales tax was deducted from the County's sales tax <br />revenues. It is more appropriate to account for these funds by recording them as revenue <br />upon receipt and as expenditures upon disbursement to the local fire district. The attached <br />budget revision will enable accounting for this function in such a manner. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br /> <br />Approve Budget revision <br /> <br />Attachments [] Yes [] No Expected Length of Presentation <br /> <br />Submitted By: Pamela S. Dubois, Finance Director Date: 1/12/04 <br /> <br />Budget AmendmentRequired: [] Yes [] No <br /> <br />Budget Amendment Attached and Reviewed by Budget Officer: <br /> <br />[] Yes <br /> <br />[] No <br /> <br />County Manager's Recommendations/Comments: <br />Approval is recommended. <br /> <br />Action Taken: <br />Approved [ ] Deferred <br />Denied [ ] Other <br /> <br />Manager's Signature ~~~ <br /> [] <br /> <br />[] <br /> <br /> <br />