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January 28, 2017 (Board Retreat) Page 3020 <br /> 129(a) . <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 28th day of January, 2017. <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 /> Strategic Planning <br /> Jonathan Marshall, Deputy County Manager, outlined the Board' s strategic <br /> goals and reviewed progress towards those goals over the past year. He requested <br /> board members to consider if there are additional areas of focus that they would <br /> like to include on the list in the upcoming fiscal year. <br /> Adjourn <br /> UPON MOTION of Vice Chairman Honeycutt, seconded by Commissioner Shue, <br /> and unanimously carried, the meeting adjourned at 2: 17 p.m. <br /> Megan Sm erk to the Board <br />