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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />DECEMBER 18, 2017 <br />6:30 P.M. <br />Finance - Presentation of the Fiscal Year 2017 Comprehensive Annual <br />Financial Report <br />-1 N I =1;&Iilj �4I �T� /_1 WA <br />The Comprehensive Annual Financial Report (CAFR) for the fiscal year <br />ended June 30, 2017 will be presented to the Board of Commissioners. <br />Also, the annual transfer of the excess fund balance above the 15 percent <br />is to transfer funds to the Capital Reserve Fund. <br />REQUESTED ACTION: <br />Motion to accept the Fiscal Year 2017 Comprehensive Annual Financial <br />Report as presented and to approve the related budget amendment and <br />Capital Reserve Project Ordinance. <br />EXPECTED LENGTH OF PRESENTATION: <br />15 Minutes <br />SUBMITTED BY: <br />Susan Fearrington, Finance Director <br />Tom McNeish, Shareholder, Elliot Davis <br />CJ Palmer, Senior Manager, Elliot Davis <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br />6-1 Page 291 <br />