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RESOLUTION <br />BUDGET TRANSFER <br /> <br />WHEREAS, the Cabarrus County Board Of Education (Board) will have Capital Outlay expenditure <br /> <br /> obligations for the 2002-03 fiscal year; and <br /> <br />WHEREAS, the Cabarrus County Board of Commissioners (County), due to an unanticipated State budget <br /> emergency, was unable to appropriate any Capital Outlay funding for the 2002-03 fiscal Year; <br /> and <br /> <br />WHEREAS, General Statute 115C-433(d) requires approval by the County to transfer money to Capital <br /> <br /> Outlay from any other fund; <br /> <br />BE IT RESOLVED THAT THE CABARRUS COUNTY BOARD OF EDUCATION HEREBY, <br /> requests approval from the County to transfer up to $ 1,300,000 from the Local Current <br /> Expense fund to the regular Capital Outlay fund for the 2002-03 fiscal year. <br /> <br />Approved this ~ day of August, 2002 <br /> <br /> Cabarrus County <br />Board of Commissioners <br /> <br />Mr. Robert Freeman, Chair <br /> <br />Mr. Frank Clifton, County Manager <br /> <br /> Cabarrus County <br />Board of Education <br /> <br />Mrs. ~race Myna'tt, E~Tai;-- <br /> <br />Dr. Harold Winkler, Superintendent <br /> <br />Date <br /> <br />Date <br /> <br /> <br />