|
March 24, 2008 (Regular Meeting)
<br />Page 755
<br />outstanding receivable balance of $359,319.38 for Fiscal Year 2003 and
<br />$919,606.91 for Fiscal Year 2004 bills to be written off. The Ambulance
<br />Billing office has exhausted all means of collections for the Fiscal Year
<br />2003 and Fiscal Year 2009 bills.
<br />UPON MOTION of Commissioner Privette, seconded by Vice Chairman Juba
<br />and unanimously carried, the Board authorized the Finance Department to write
<br />off the outstanding receivables for Fiscal Year 2003 in the amount of
<br />$359,319.38 and 2004 ambulance bills in the amount of $419,806.91.
<br />(F-10) Finance Department - Budget Amendment (School Construction Fund
<br />$10,800,401.00)
<br />UPON MOTION of Commissioner Privette, seconded by Vice Chairman Juba
<br />and unanimously carried, the Board adopted the following budget amendment:
<br />BUDGET REVISION/AMENDMENT REQUEST
<br />DEPARTMENT OF FINANCE - SCHOOL CONSTRUCTION FUND
<br />AMOUNT: $10,800,401.00
<br />TYPE OF ADJUSTMENT: Supplemental Request
<br />PURPOSE OF REQUEST: This budget amendment, 1) adjusts the School
<br />Construction budgets from estimates to actual contract amounts, 2) records
<br />actual proceeds from the issuance of COPS, 3) records the payoff of a
<br />previous Installment Financing and 9) records the proceeds from the refunding.
<br />of the 1999 Installment Payment Revenue Bonds.
<br />Present
<br />Account No. Approved Budget Increase Decrease Revised Budqet
<br />3696000-6925 50. 00 $7,305,000. 00 $7,305,000. 00
<br />Proceeds from Installment Financing
<br />36960000-6918 $65,928,620. 00 $7,305,000.00 $58,123,620. 00
<br />Proceeds from COPS
<br />36960000-6705 50. 00 $662,590. 00 5662,590. 00
<br />Interest on Investments COPS
<br />36960000-6918 558,123,620. 00 $11,203,620.00 $96,920,000. 00
<br />Proceeds from COPS
<br />36960000-6918-20088 S0. 00 $18,795,000. 00 $18,795,000. 00
<br />Proceeds from COPS - Refunding
<br />36460000-6707-2008A 50. 00 52,163,237. 00 52,163,237. 00
<br />Premium on Debt Issued 2008A
<br />36460000-6707-20088 50. 00 $933,299. 00 $933,299. 00
<br />Premium on Debt Issued 20088
<br />36497311-9606 50. 00 $118,339. 00 5118,339. 00
<br />Engineers - AT Allen Elem
<br />36497311-9607 51,361,599. 00 5995,579.00 $365,965. 00
<br />Architects - AT Allen Elem
<br />36997311-9801 51,378,125. 00 $1,378,125.00 50. 00
<br />Land Acquisition - AT Allen Elem
<br />36497327-9609 51,891,275. 00 5969,692.00 $1,926,633. 00
<br />Legal Fees - New High School
<br />36997327-9801 59,881,839. 00 590,000. 00 59,921,839. 00
<br />Land Acquisition - New High School
<br />36497327-9820 537,922,559. 00 56,999,759.00 $31,972,800. 00
<br />Construction - New High School
<br />36497327-9899 52,000,000. 00 5300,000.00 51,700,000. 00
<br />Site Development - New High School
<br />36997327-9960 50. 00 57,305,000. 00 $7,305,000. 00
<br />IPRB Principal - Schools (Other Financi ng Use)
<br />36997329-9606 50. 00 $131,850. 00 $131,850. 00
<br />Engineers - New Middle School
<br />36997329-9607 $2,957,277. 00 5872,277.00 $1,585,000. 00
<br />Architects - New Middle School
<br />36997329-9899 51,800,000. 00 51,800,000.00 50. 00
<br />Site Development - New Middle School
<br />36997330-9606 50. 00 $103,000. 00 $103,000. 00
<br />Engineers - Lower Rocky River Elem
<br />36997330-9607 51,359,253. 00 5993,286.00 5365,965. 00
<br />Architects - Lower Rocky River Elem
<br />36997331-9606 50. 00 5118,269. 00 $118,269. 00
<br />Engineers - Northwest Elem (Odell Area)
<br />36997331-9607 51,068,312. 00 5485,812.00 5582,500. 00
<br />Architects - Northwest Elem (Odell Area )
<br />36997331-9801 52,500,000. 00 52,500,000.00 50. 00
<br />Land Acquisition - Northwest Elem (Odel l Area)
<br />36497332-9606 50. 00 5105,585. 00 $105,585. 00
<br />Engineers - Mt. Pleasant Middle School
<br />36497332-9607 $1,300,000. 00 $197,000. 00 $1,997,000. 00
<br />Architects - Mt. Pleasant Middle School
<br />36997910-9801 52,690,000. 00 $12,000. 00 52,902,000. 00
<br />Land Acquisition - New Kannapolis Schoo l
<br />36497327-9939 50. 00 $16,958,895. 00 518,958,895. 00
<br />Disbursement to Escrow
<br />(F-11) Finance Department - Project Ordinance for the Public School Building
<br />Capital Project Fund
<br />
|