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July 18, 2016 (Regular Meeting)
<br />129(a).
<br />Page 2823
<br />11. The County Manager may reduce revenue projections consistent with
<br />prevailing economic conditions, and also reduce expenditures
<br />correspondingly.
<br />Section III.
<br />This ordinance and the budget documents shall be the basis of the financial
<br />plan for the County of Cabarrus.
<br />a. The Finance Director is hereby directed to maintain within the
<br />Capital Project Fund sufficient detailed accounting records to
<br />satisfy the requirements of the law.
<br />b. The Finance Director is directed to report, at the request of the
<br />Board, on the financial status of each project element in Section I
<br />and on the total revenues received or claimed.
<br />c. Copies of this capital project ordinance shall be furnished to the
<br />Clerk to the governing Board, and to the Finance Director for
<br />direction in carrying out this project.
<br />d. At the completion of a construction project, all unrestricted excess
<br />funds are transferred to the General Fund and the portion of the
<br />Capital Project associated with the project is closed.
<br />Adopted this the 18th day of July, 2016.
<br />CABARRUS COUNTY BOARD OF COMMISSIONERS
<br />BY: /s/ Stephen M. Morris
<br />Stephen M. Morris, Chairman
<br />ATTEST:
<br />/s/ Megan Smit
<br />Clerk to the Board
<br />Date :7 /18/2016 Amount: $1,901,484.00
<br />Dept. Head: Susan Fearrington Department: Finance-Capital Reserve Fund
<br />i`I Internal Transfer Within Department ❑ Transfer Between Departments/ Funds ® Supplemental Request
<br />Purpose: To allocate Capital Reserve funding for Concord Middle School roof ($884,359), a portion of
<br />Harrisburg Elementary roof ($630,306.04) and a portion of the cost to renovate Kannapolis Intermediate
<br />School into the Carver Elementary School ($100,000). This budget amendment also reallocates remaining
<br />Cabarrus County School roof money from completed projects ($286,818.96) to the Harrisburg Elementary
<br />roof nronect. The total cost of the Harrisburc Elementary roof is $917.125.
<br />Account
<br />Number
<br />Account
<br />Name
<br />Approved
<br />Budget
<br />Inc
<br />Amount
<br />Dec
<br />Amount
<br />Revised
<br />Budget
<br />45097220 -9821
<br />Build /Renovations
<br />$10,346,947.24
<br />$1,614,665.04
<br />$8,732,282.20
<br />45097220 -9708
<br />Cont to Cap Proj Fd
<br />$47,752,322.81
<br />$1,614,665.04
<br />$49,366,987.85
<br />36497302 -9821
<br />Bldg & Reno -Con Midd
<br />$884,359.00
<br />$884,359.00
<br />36467302 -6921
<br />Cont fr CRF -Con Midd
<br />$884,359.00
<br />$884,359.00
<br />36497315 -9821
<br />Bldg & Reno - Harrisburg
<br />$917,125.00
<br />$917,125.00
<br />36467315 -6921
<br />Cant fr CRF - Harrisburg
<br />$630,306.04
<br />$630,306.04
<br />36467315 -6910
<br />Cont fr Cap Proj -Harri
<br />$190,557.22
<br />$190,557.22
<br />36467315 -6902
<br />Cont fr Gen Fd- Harris
<br />$96,261.74
<br />$96,261.74
<br />36467301 -6910
<br />Cont fr Cap Proj -RR E
<br />$121,736.74
<br />$108,465.76
<br />$13,270.98
<br />36497301 -9821
<br />Bldg & Reno -RR Elem
<br />$70B,370.00
<br />$108,465.76
<br />$599,904.24
<br />36467304 -6910
<br />Cont fr Cap Pr- Wineccf
<br />$733,320.00
<br />$77,749.17
<br />$655,570.83
<br />36497304 -9821
<br />Bldg & Reno- Winecoff
<br />$733,320.00
<br />$77,749.17
<br />$655,570.83
<br />36467310 -6902
<br />Ccnt fr Gen Fd -NWMS
<br />$981,732.05
<br />$96,261.74
<br />$885,470.31
<br />36497310 -9821
<br />Bldg & Reno -NWMS
<br />$981,732.05
<br />$96,261.74
<br />$885,470.31
<br />36467314 -6910
<br />Cont fr Cap Pr -JMR
<br />$952,423.00
<br />$4,342.29
<br />$948,080.71
<br />36497314 -9821
<br />Bldg & Reno -JMR
<br />$1,151,094.00
<br />$4,342.29
<br />$1,146,751.71
<br />36497402- 9821 -REN0
<br />Bldg & Reno - Carver
<br />$750,000.00
<br />$100,000.00
<br />$850,000.00
<br />36467402- 6921 -RENO
<br />Cont fr CRF - Carver
<br />$750,000.00
<br />$100,000.00
<br />$850,000.00
<br />Ordinance No. 2016 -31
<br />CABARRUS COUNTY SCHOOL CONSTRUCTION PROJECT
<br />BUDGET ORDINANCE
<br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North
<br />Carolina that, Pursuant to Section 13.2 of Chapter 159 of the General Statutes
<br />of North Carolina, the following capital project ordinance is hereby adopted:
<br />
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