|
<br />May 23, 2005 - Regular Meeting
<br />
<br />Page
<br />
<br />170
<br />
<br />Present
<br />Account No. Approved Budget Increase Decrease
<br />34062160-6921 $500,000.00 $1,000,000.00
<br />Contribution from Capital Reserve Fund
<br />34092160-9820 $400,000.00 $1,000,000.00
<br />Radio Tower Construction
<br />34092160-9820-RTG $500,000.00 $250,000.00
<br />Radio Tower-Terrorism Grant Expense-Cabarrus Cty
<br />34092160-9820-0201 $0.00 $250,000.00
<br />Radio Tower-Terrorism Grant Expense-City of Concord
<br />
<br />Revised Budget
<br />$1,500,000.00
<br />
<br />$1,400,000.00
<br />
<br />$250,000.00
<br />
<br />$250,000.00
<br />
<br />(1'-9)
<br />2002)
<br />
<br />Finance - Budget Anien,lJi",;nts (Certificates of Participation, Series
<br />
<br />UPON MOTION of Commissioner Privette, seconded by Vice Chairman Carruth
<br />and unanimously carried, the Board adopted the following budget amendments:
<br />
<br />BUDGET REVISION/AMENDMENT REQUEST
<br />
<br />DEPARTMENT OF FINANCE
<br />AMOUNT: $37,248.00
<br />TYPE OF ADJUSTMENT: Supplemental Request
<br />PURPOSE OF REQUEST: Increase the Contribution from the Capital Projects
<br />Fund. These funds are from the Certificates of Participation Series 2002 and
<br />will be used to make a semi-annual debt payment as required by our COPS II
<br />financing agreement with Wachovia Bank.
<br />
<br />Account No.
<br />00169110-6920
<br />Contribution
<br />00199110-9975
<br />COPS Interest -
<br />
<br />Present
<br />Approved Budget
<br />$355,264.00
<br />from Capital Projects
<br />$4,050,059.00
<br />Schools
<br />
<br />Increase
<br />$37,248.00
<br />Fund
<br />$37,248.00
<br />
<br />Decrease
<br />
<br />Revised Budget
<br />$392,512.00
<br />
<br />$4,087,307.00
<br />
<br />BUDGET REVISION/AMENDMENT REQUEST
<br />
<br />DEPARTMENT OF FINANCE
<br />AMOUNT: $35,895.00
<br />TYPE OF ADJUSTMENT: Supplemental Request
<br />PURPOSE OF REQUEST: Increase the Certificates of Participation Series 2002
<br />Construction Fund for additional interest .inconie and to make a contribution
<br />to the General Fund for the remaining construction budget balances. These
<br />funds will be applied towards the semi -annual debt payments. This is a
<br />requirement of the COPS II financing agreement with Wachovia Bank. This COPS
<br />issue was created to build the Cabarrus County School Administration
<br />Building, five Auxiliary Gyms and the Cabarrus County Arena and Events
<br />Center.
<br />
<br />Account No.
<br />36160000-6406
<br />Sales Tax Refund
<br />36160000-6705 $471,622.00
<br />Interest on Investment - COPS 2002
<br />36190000-6704 $414,735.00
<br />Contribution to General Fund
<br />36197320-9820 $2,325,000.00
<br />Building Improvements - Auxiliary
<br />
<br />Present
<br />Approved Budget
<br />$93,113.00
<br />
<br />Increase Decrease Revised Budget
<br />$6,949.00 $0.00 $100,062.00
<br />$28,946.00 $500,568.00
<br />$37,248.00 $451,983.00
<br /> $1,353.00 $2,323,647.00
<br />Gyms
<br />
<br />(1'-10)
<br />
<br />Parks and Recreation - Fees and Charges Policy for I'Y 2005-06
<br />
<br />The Parks and Recreation Department Fees and Charges Policy explain the
<br />purpose, the method of charging fees, the fee schedule and special
<br />consideration for variances. The fee schedule and po~icies are reviewed and
<br />updated annually. Additions to and changes in the current policy for FY
<br />2005-06 include the following:
<br />
<br />(1) Increase weekly fees to $95 - $125 per week for Sum-More Fun Day
<br />Camp at Frank Liske Park with non-resident fees increased an
<br />additional $30 per week.
<br />(2) Increase Adult Softball League fees to $450.00 (Fall) and $550.00
<br />(Spring) .
<br />(3) Add a new late fee charge of $50.00 for Adult Softball League and
<br />refund policy guidelines.
<br />(4) Increase cabin fees at Camp T. N. Spencer Park to $35.00 per
<br />night and increase non-resident fees to $70.00 per night.
<br />
|