|
September 21, 2015 (Regular Meeting)
<br />Page 2543
<br />transferred to the actual School Construction Debt Fund (Fd 368) and $2,890,419 will be held in the
<br />Capital Reserve Fund (Fd 450) until requested by either School District.
<br />Account Number
<br />Account Name
<br />Approved Budget
<br />Inc Amount
<br />Dec Amount
<br />Revised Budget
<br />36897332 -9331
<br />Minor Equip -MPMS
<br />$327,000.00
<br />$211,000.00
<br />$116,000.00
<br />36897332 -9801
<br />Land - MPMS
<br />$670,000.00
<br />$50,000.00
<br />$720,000.00
<br />36897332 -9607
<br />Architect - MPMS
<br />$1,425,000.00
<br />$25,000.00
<br />$1,450,000.D0
<br />36897332 -9606
<br />Engineer - MPMS
<br />$183,000.00
<br />$136,000.00
<br />$319,000.00
<br />36897305 -9485
<br />Admin Fee - Royal Oaks
<br />$0.00
<br />$16,000.00
<br />$16,000.00
<br />36897305 -9425
<br />Abatement - Royal Oaks
<br />$0.00
<br />$87,750.00
<br />$87,750.00
<br />36867305 --6921
<br />Cont from CRF -Royal O
<br />$1,541,250.00
<br />$103,750.00
<br />$1,645,000.00
<br />36897404 -9801
<br />Land - KMS
<br />$0.00
<br />$100,000.00
<br />$100,000.00
<br />36897404 -9607
<br />Architect - KMS
<br />$1,219,000.00
<br />$586,600.DD
<br />$1,605,600.00
<br />36897404 --9606
<br />Engineers - KMS
<br />$100,000.00
<br />$162,500.00
<br />$262,500.00
<br />36867404 -6921
<br />Cant from CRF - KMS
<br />$0.00
<br />$849,100.00
<br />$849,100.00
<br />45097220 -9708
<br />Cont to Cap Proj Fund
<br />$33,722,303.81
<br />$952,850.00
<br />$34,675,153.81
<br />45097220 -9821
<br />Building & Renovations
<br />$10,453,901.24
<br />$952,850.00
<br />$9,501,051.24
<br />45097305 -9660
<br />Contingency -Royal Oaks
<br />$0.00
<br />$550,000.00
<br />$556,000.00
<br />45097332 -9660
<br />Contingency -MPMS
<br />$0.00
<br />$1,262,000.00
<br />$1,262,000.00
<br />45097404 -9660
<br />Icon tingency -KMS
<br />$0.00
<br />$1,078,419.00
<br />$1,078,419.00
<br />45097220 -9821
<br />13uilding & Renovations 1
<br />$9,501,051.24
<br />$2,890,419.00
<br />$6,610,632.24
<br />Ordinance No, 2015 -35
<br />CABARRUS COUNTY SCHOOL CONSTRUCTION DEBT FUND
<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
<br />Statutes of North Carolina, the following capital project ordinance is hereby
<br />adopted:
<br />Section I.
<br />A. The project authorized is for the construction and renovations of
<br />Public Schools. Details of the projects are listed in section D. of
<br />this Project Ordinance.
<br />B. The officers of this unit are hereby directed to proceed with this
<br />capital project within the terms of the Generally Accepted
<br />Accounting Principles (GAAP) and the budget contained herein.
<br />C. It is estimated that the following revenues will be available to
<br />complete capital projects as listed.
<br />Capital Reserve Contribution $5,114,100
<br />General Fund Contribution $1,319,000
<br />TOTAL REVENUES $6,433,100
<br />D. The following appropriations are made as listed.
<br />Kannapolis Middle School $2,168,100
<br />Royal Oaks Elementary School $1,645,000
<br />Mt. Pleasant Middle School $2,620,000
<br />TOTAL EXPENDITURES $6,433,100
<br />GRAND TOTAL - REVENUES $6,433,100
<br />GRAND TOTAL - EXPENDITURES $6,433,100
<br />Section II.
<br />A. Special appropriations to non- profit organizations shall be
<br />distributed after the execution of an agreement which ensures that
<br />all County funds are used for statutorily permissible public
<br />purposes.
<br />3. The County Manager or designee is hereby authorized to transfer
<br />appropriations within or between funds, or modify revenue and
<br />expenditure projections as contained herein under the following
<br />conditions:
<br />1. The Manager may transfer amounts between objects of expenditure
<br />
|