Orange County NC Website
C <br />ears County staff Wit <br />the first quarter of each y both <br />• cal ear -, during the Lottery fund for <br />�eg�nn�ng �n � of monies accumulated to either <br />the state, the amount urrt he fiscal year for <br />request, from those funds � _ 't <br />s with the intent of expending identified each districts <br />school dttr�ct • • School capital projects <br />'* payments or individual <br />debt erv� � their ten-year capital plan. <br />their annual update of the <br />during h • • n�llllor� <br />lcl rtes receiving -0 the County ant p d debt <br />for fiscal year tie on school relate <br />�ic��.. iMPACT: those funds for debt end Will <br />and intends to upend fro the Lottery � <br />Lottery proceeds a � # future years proceeds r 007- <br />ua 1, 200. anticipate - beginning to fiscal year <br />incurred after January act round section above g funds will <br />` accordance lth itet '1a to the " arrears" . meaning <br />he to accordart Education Lottery proceeds to proceeds <br />t will budget C dot • m, For e a piel lottery <br />of the un the tta d�trtbute the a budgeted the <br />budgeted in the year after .. fiscal- year would g <br />he budge to the upcoming X007 <br />uted to the County during distributed <br />fiscal gear, 2008-09, <br />following . <br />+ d of county commissioners <br />►iDATIOi . The Manager <br />reconnn�et�d that the hoar <br />Count Capital Funding y <br />approve the y <br />