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51 Upon motion of Commissioner Whitted, seconded by Commissioner Gustaveson, it was moved and adopted that the Minutes of August 12, 1975, be approved. The Minutes of August 14, 1975, were reviewed and upon motion of Commissioner Whitted, seconded by Commissioner Finney, it was moved and adopted that the Minutes of August 14, 1975, be approved. The Minutes of the August 19, 1975, meeting were reviewed by the Board. The Clerk was advised to add to page 12 a reference regarding the scheduled Public Hearing for a proposed Maintenance Garage. Upon motion of Commissioner Gustaveson, seconded by Commissioner Pinney, it was moved and adopted that the Minutes of August 19, 1975, be approved. The Minutes of the August 25, 1975, meeting were reviewed. Upon motion of Commissioner Pinney, seconded by Commissioner Whitted, it was moved and adopted that the Minutes of August 25, 1975, be approved. The Board deferred from the Agenda briefly to determine where on the Agenda Item # 15-C should appear. Mrs. Garrett stated that the County Attorney would not be in the meeting until after the Court Calendar Ca11 and that she had told citizens that Item # 15-C would not be discussed until after lunch. Commissioner Walker stated that he had asked the County Manager to move Item # 15-C up on the Agenda to be presented as Item #3-D, and that all the Appointments should, in his opinion, be discussed at the same time. Following discussion, the Board agreed to hear all Appointments after the lunch period. Chairman Garrett referred to Item #6 on the Agenda: (Commissioner Richard Whitted to make a brief report of actions taken by the Audit Committee . ) Commissioner Whitted read a letter to the Board received from John W. Kee of Peat, Marwick, Mitchell and Company regarding a meeting held on August 4, 1975, to discuss the current audit and problems dis- covered in the June 30, 1975 examination. Mr. Whitted discussed the recording of revenues on the gash basis versus the accrual basis. He informed the Board that the Auditors recommended that revenues be re~ corded on the accrual basis when measurable and available. However, if the County elected not to record items on an accrual basis, the Auditors would make an exception in their report. Commissioner Whitted stated further that it was the contention of the N. C. Local Government Commission that revenues should be on a cash basis because of budget- ary restraints. Commissioner Whitted advised the Board that it was the Audit Committee's decision as well as the advise of the County Manager and the Finance Director that the County continue on a cash basis for 1974-1975. Commissioner Whitted discussed Ttem (b): Taxes Receivable of the Fire and School District. He stated that since the Fire and School Taxes received are fully reserved and have no effect on fund balance it was decided to continue recording these receivariles in the General Fund. It was also decided to exclude the value of Orange County School Buildings. However, the Fiscal Officer stated that should there be a bond issue, the County would have to show the real value of these Buildings. The. Fiscal Officer advised the Board that the Local Government - Commissi.oner has stated that Fire Districts are not required to have an audit since they are not public authorities. A formal presentation of the current audit will be ready by the end of September, 1975. Chairman Garrett referred to Ttem # 4 on the Agenda: (Public Hear- ing to be held at 10:30 a. m.).