BC 2013 09 16 Regular Meeting - Laserfiche WebLink

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September 16, 2013 (Regular Meeting) Section I. Page 1 73 7 A. The project authorized is for the purpose of accumulating and appropriating general fund revenues and federal and state grants funds received specifically for use by the appropriate Cabarrus County Department who has received the funds. B. The officers of this unit are hereby directed to proceed with this capital project within the terms of the guidelines as set forth by the federal and state government, Generally Accepted Accounting Principles (GAAP) and the budget contained herein. C. It is estimated that the following revenues will be available to complete capital projects as listed: Board of Elections Department: $ 73,557 Deferred Farm Tax Interest on Investments Interest on Investments 8,941 $ 30,206 Contribution from General Fund $ 25,621 Contribution from Capital Reserve $ 150,000 Register of Deeds Department: 7,837 Local Agricultural Preservation Projects: Register of Deeds Fees Deferred Farm Tax Collections $ 983,643 Interest on Investments $ $ 37,303 Contribution from General Fund $ 77,504 Soil and Water Department: ADFP Grant $ 89,600 Clean Water Trust Fund Grant $ 521,833 Clarke Creek_ Grant $ 49,800 EEP Contract $ 16,900 Operating Revenues (Fees, Donations) $ 8,525 Porter Project $ 525,000 Contribution from General Fund $ 125,000 Interest on Investments $ 1,700 Commerce Department: NC Tobacco Trust Fund - Site Development $ 75,000 Cooperative Extension Department: ADFP Grant $ 675,000 Contribution from Capital Reserve $ 400,000 Contribution from General Fund $ 611,178 Interest on Investments $ 342 Elms. C. Lomax Farm Project: Deferred Farm Tax Collections $ 73,557 Deferred Farm Tax Interest on Investments $ 8,941 Contribution from General Fund $ 197,229 Donations - Cannon Trust $ 152,600 Operating Revenues (Fees, Donations) $ 7,302 Interest on Investments $ 7,837 Local Agricultural Preservation Projects: Deferred Farm Tax Collections $ 350,000 Deferred Farm Tax Interest on Investments $ 50,000 TOTAL REVENUES $ 5,251,621 D. The following appropriations are made as listed: Board of Elections Department: American Disability Act $ 25,621 Board of Elections Equipment and Furniture $ 180,206 Register of Deeds Department: Register of Deeds Automation & Preservation $ 1,098,450 Soil and Water Department: ADFP Conservation Easement $ 89,600 Clean Water Trust Fund Grant $ 538,436 Clarke Creek Grant $ 33,197 EEP Contract $ 16,900 Soil & Water Farm Easements $ 125,000 Porter Project $ 525,000