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SPECIAL ACTS <br /> <br />proval through the regular budget procedure of <br />the county. The authority shall make quarterly <br />reports to the board de*~l~ng its revenues, expen- <br />ditures, and activities. The county may audit the <br />authority's financial records upon reasonable no- <br />tice to the authority. At the end of each f'mcal <br />year, any funds of the authority not expended, <br />obligated, or reserved, as approved by the county, <br />shall be remitted to Cabarrus County for its use. <br /> <br />Sec. 3. Effective date. <br /> <br /> This act is effective upon ratification. <br /> <br /> In the General Assembly read three times and <br />ratified this the 19th day of July, 1989. <br /> <br />Art. V, § 2 <br /> <br /> <br />