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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />AGENDA CATEGORY: <br />Consent Agenda <br />AUGUST 20, 2018 <br />6:30 P.M. <br />SUBJECT: <br />CCS - Request to Reappropriate FY18 Capital Funding <br />BRIEF SUMMARY: <br />Cabarrus County Schools (CCS) had a balance of $106,400 in capital <br />funding at the end of June 30, 2018. The balance is made up of $100,000 <br />in funding received late in the fiscal year for a handrail project at Concord <br />High School and $6,400 in funds for the purchase and installation of <br />mobile units which will be completed in August. The school system is <br />submitting a request to have the funds reappropriated to FY19. <br />REQUESTED ACTION: <br />Motion to approve the Cabarrus County Schools FY18 reappropriation <br />request in the amount of $106,400 and the related budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Kelly Kluttz, Chief Financial Officer, CCS <br />Susan Fearrington, Finance Director <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />Consent item. <br />F-2 Page 54 <br />