BC 2015 06 14 Regular Meeting - Laserfiche WebLink

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June 15, 2035 (Regular Meeting) Page 2450 Firing Range: Firing Range Maintenance /Repair $ 20,610 TOTAL EXPENDITURES $ 1,085,475 Section 4. The following revenues are anticipated to be available to complete this project: Federal Forfeiture Funds: Federal Forfeiture Sharing Justice Funds $ 96,242 Federal Forfeiture Sharing Treasury Funds $ 257,611 Contribution from General Fund -Fed Forf $ 114,935 Interest on Investments - Federal Forfeiture $ 17,440 NC Substance Control: NC Substance Control Funds $ 354,808 Interest on Investments -NC Substance Control $ 53,626 Contribution from General Fund $ 170,203 Firing Range: Firing Range Funds $ 20,395 Interest on Investments $ 215 TOTAL REVENUES $ 1,085,475 Section S. The Finance Officer is hereby directed to maintain within the Special Revenue Fund sufficient detailed accounting records. Section 6. Funds may be advanced from the General Fund for the purpose of making payments as due. Reimbursement to the General Fund should be made in an orderly and timely manner. Section 7. The Finance Officer is directed to report, at the request of the Board, on the financial status of each project element in Section 3 and on the total revenues received or claimed. Section 8. Copies of this special revenue project ordinance shall be furnished to the Clerk to the Governing Board, and to the Budget Officer and the Finance Officer for direction in carrying out this project. Section 9. At the completion of the project, all unrestricted excess funds are transferred to the General Fund and the Special Revenue Project Ordinance is closed. Section 10. The County Manager is hereby authorized to transfer revenues and appropriation within an ordinance as contained herein under the following conditions: a. The Manager may transfer amounts between objects of expenditures and revenues within a function without limitation. b. The Manager may transfer amounts up to $100,000 between functions of the same ordinance. c. The Manager may transfer amounts between contingency funds which are set aside for a specific project for budgetary shortfalls or upon the appropriate approval of a change order. d. Upon notification of funding increases or decreases to existing grants or revenues or the award of grants or revenues, the Manager or Finance Officer may adjust budgets to match, including grants that require a County match for which funds are available. e. The Manager may enter into and execute change orders or amendments to County construction contracts in amounts up to $90,000 when the project ordinance contains sufficient appropriated but unencumbered funds. Adopted this 15th day of June, 2015. CABARRUS COUNTY BOARD OF COMMISSIONERS BY: /sl Stephen M. Morris Stephen M. Morris, Chairman