|
June 20, 2011 (Regular Meeting)
<br />Page 475
<br />46162112 -6306
<br />NC Sub Control Tax Rev
<br />$280,840.00
<br />$15,875.00
<br />$296,715.00
<br />46192112 -9838
<br />NC Sub Control Tax Exp
<br />$504,058.00
<br />$15,875.00
<br />$519,933.00
<br />46162114 -6694
<br />Firing Range Revenues
<br />$3,781.00
<br />$1,645.00
<br />$5,426.00
<br />46162114 -6701
<br />Interest Earnings
<br />$165.00
<br />$10.00
<br />$175.00
<br />46192114 -9572
<br />Range Repairs
<br />$3,946.00
<br />$1,655.00
<br />$5,601.00
<br />46267220 -6518
<br />Adequate Facilities
<br />$5,883,546.90
<br />$471,550.00
<br />$6,355,096.90
<br />46267220 -6701
<br />Interest Earnings
<br />$239,066.00
<br />$3,050.00
<br />$242,116.00
<br />46297220 -9821
<br />Building & Renovations
<br />$546,725.00
<br />$474,600.00
<br />$1,021,325.00
<br />53260000 -6701
<br />Interest Earnings
<br />$13,375.00
<br />$480.00
<br />$13,855.00
<br />53260000 -6805
<br />Cont & Donations
<br />$135,546.00
<br />$38,450.00
<br />$173,996.00
<br />5329000 -9356
<br />Special Projects
<br />$148,921.00
<br />$38,930.00
<br />$187,851.00
<br />53468240 -6701
<br />Interest Earnings
<br />$151,668.00
<br />$1,807.00
<br />$153,475.00
<br />53468240- 6805 -FLOWE
<br />Cont & Donations
<br />$8,757.80
<br />$1,182.20
<br />$9,940.00
<br />53498240 -9704
<br />Cont to Gen Fund
<br />$954,006.84
<br />$2,989.20
<br />$956,996.04
<br />46094210 -9316
<br />Supplies
<br />$1,000.00
<br />$250.00
<br />$1,250.00
<br />46064210 -6805
<br />IDonations
<br />$1,000.001
<br />$250.001
<br />1 $1,250.00
<br />Ordinance No. 2011 -08
<br />PUBLIC SCHOOL BUILDING CAPITAL PROJECTS FUND
<br />CAPITAL PROJECT ORDINANCE
<br />BE IT ORDAINED, by the Board of County Commissioners of the
<br />County of Cabarrus, North Carolina, that, pursuant to Section
<br />13.2 of Chapter 159 of the General Statutes of North Carolina,
<br />the following capital project ordinance is hereby adopted:
<br />Section 1. The project authorized is for smaller non -debt
<br />School Capital Projects and related debt service conducted by the
<br />County.
<br />Section 2. The officers of this unit are hereby directed
<br />to proceed with this capital project within the terms of the
<br />Generally Accepted Accounting Principles (GAAP) and the budget
<br />contained herein.
<br />Section 3. The following budgeted amounts are appropriated
<br />for the projects:
<br />Public School Expenditures $9,191,561
<br />Section 4. The following revenues are anticipated to be
<br />available to complete this project:
<br />State Public School Funds $ 2,897,042
<br />Lottery Proceeds 5,569,751
<br />Contribution from General Fund 724,768
<br />Total $ 9,191,561
<br />Section 5. The Finance Officer is hereby directed to
<br />maintain within the Capital Project Fund sufficient detailed
<br />accounting records to satisfy the requirements of the law.
<br />Section 6. Funds may be advanced from the General Fund for
<br />the purpose of making payments as due. Reimbursements to the
<br />General Fund should be made in an orderly and timely manner.
<br />Section 7. The Finance Officer is directed to report, at
<br />the request of the Board, on the financial status of each project
<br />element in Section 3 and on the total revenues received or
<br />claimed.
<br />Section 8. Copies of this capital project ordinance shall
<br />be furnished to the Clerk of the Governing Board, and to the
<br />Budget Officer and the Finance Director for direction in carrying
<br />out this project.
<br />Section 9. At the completion of each individual project,
<br />all unrestricted excess funds are transferred to the General Fund
<br />and accounting for the individual Capital Project is written off.
<br />Section 10. The County Manager is hereby authorized to
<br />transfer revenues and appropriations within an ordinance as
<br />contained herein under the following conditions:
<br />
|