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June 19, 2017 (Regular Meeting) Page 3196
<br /> Section 7. The Finance Officer is directed to report, at the request of
<br /> the Board, on the financial status of each project element in Section 3 and on
<br /> the total revenues received or claimed.
<br /> Section 8. Copies of this grant project ordinance shall be furnished to
<br /> the Clerk to the Governing Board, and to the Budget Officer and the Finance
<br /> Officer for direction in carrying out the projects.
<br /> Section 9. At the completion of each individual project, all unrestricted
<br /> excess funds are transferred to the General Fund and the Grant Project Ordinance
<br /> is closed.
<br /> Section 10. The County Manager is hereby authorized to transfer revenues
<br /> and appropriation within an ordinance as contained herein under the following
<br /> conditions:
<br /> a. The Manager may transfer amounts between objects of expenditures and
<br /> revenues within a function without limitation.
<br /> b. The Manager may transfer amounts up to $100, 000 between functions of
<br /> the same ordinance.
<br /> c. The Manager may transfer amounts between contingency funds which are
<br /> set aside for a specific project for budgetary shortfalls or upon the
<br /> appropriate approval of a change order.
<br /> d. The Manager may either enter into and execute change orders or
<br /> amendments to County construction contracts in amounts up to $90, 000
<br /> when the project ordinance contains sufficient appropriated but
<br /> unencumbered funds.
<br /> Adopted this 19th day of June 2017.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: 6/19/2017 Amount: $663,200.00
<br /> Dept. Head: Susan Fearrington (prepared by staff) Department: Small Projects Funds
<br /> G Internal Transfer within Department ❑ Transfer Between Departments/Funds © Supplemental Request
<br /> Purpose: This budget amendment, for the Small Project Funds, is to increase Revenue Budgets to
<br /> reflect the actual Revenue received this year.
<br /> Account Number Account Name Approved Budget Inc Amount Dec Amount Revised Budget
<br /> 46060000-6023 Deferred Tax Collect $1,092,987.76$460,000.00 $1,552,987.76
<br /> 46060000-602301 Deferred Tax Collect $0.00 $18,500.00 $18,500.00
<br /> 46060000-6024 Deferred Tax Interest $199,381.99 $67,000.00 $266,381.99
<br /> 46060000-6701 Interest on Investment $3,051.00 $4,700.00 $7,751.00
<br /> 46090000-9704 Cont'b to GF $25,000.00$550,200.00 $575,200.00
<br /> 46061510-6701 Interest on Investment $33,497.82 $600.00 $34,097.82
<br /> 46091510-9708 Cont'b to Capital Proj $5,775.24 $600.00 $6,375.24
<br /> 46061610-6501-0258 Register of Deeds $1,322,668.96$111,000.00 $1,433,668.96
<br /> 46061610-6701 Interest on Investment $37,851.21 $1,400.00 $39,251.21
<br /> 46091610-9407 Automation & Enhance 1 $1,438,024.75$112,400.00 $1,550,424.75
<br /> Ordinance No. 2017-36
<br /> CABARRUS COUNTY SMALL PROJECTS
<br /> CAPITAL PROJECT ORDINANCE
<br /> BE IT ORDAINED, by the Board of County Commissioners of the County of
<br /> Cabarrus, North Carolina that, pursuant to Section 13.2 of Chapter 159 of the
<br /> General Statutes of North Carolina, the following capital project ordinance is
<br /> hereby adopted:
<br /> Section I.
<br /> A. The project authorized is for the . purpose of accumulating and
<br /> appropriating general fund revenues and federal and state grants funds
<br /> received specifically for use by the appropriate Cabarrus County
<br /> Department who has received the funds.
<br /> B. The officers of this unit are hereby directed to proceed with this
<br />
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