Orange County NC Website
~, ; <br />Suppl eme¢tal Heaolutioa <br />ps sa ed by the Eoard at the regular ffieeting Tuly Ist to-wits <br />After e Pull discussion of the cond!ticn of the County Hudge t, especially br!th <br />reference to expe ndlty res for school purposes, an3 after a poi nt meeting with tke <br />Hoard of Educat!o n, at wh±ch time the Hoard bf Education explsined to this <br />Hoard the cau sea and reasons far the over-espsnditures in the Capital Outlay Fu~d <br />during the past fisacl year, upon mot±on of Comml ealoner Cobb, duly seconded by ~ <br />Commis si.oner Wil eon, the Yollowing resolution was unanlmou sly adoptsd, to-wit: <br />That the Hoard of County Commissions rs does hereby make a supplemental a~?px~op- <br />riation to the Capital Outlay Fund Por the school budget for the year 1939-19`+0.1 <br />sand, supplemen tel appropiati on being in the amount of 52,209.12, and which amo nt <br />was absolutely necessary for capital outlay needs during the past ii seal year. <br />That the above additional or supplemental appropri at±on of 52,209.12 shall `:be met by <br />transferring from the surplus in the Current Expense Fund of the School Hudget for <br />1939-1940 the swo of 5660.21, which, together with the surplus revenue Sn the <br />Capl tai Outlsy Fund oP 51, 54g•91, will provide and meet aaid additional appropr±a- <br />tion. <br />It is further ordered thst an additional appropriation of 5660.52 be made Sn <br />the Current Expense Fund, and that eai3 additional or aupplemen tai appropri atio <br />be met from the surplus revenue accrued in asid fund. <br />It is further ordered as a part oY this maolut!on that the County Acc Dante! <br />make the changes Sn the budget above provided for, that is, that the total of tk <br />Capital Outlay Fund be increased to the amount o.' 514,77062, and thst the total <br />the Current Expens=_ Fund be Sncreased to the amount of 924,649.94. and thst the <br />said County Accountant is further authorized and directed to trans..°er the sum of <br />5660.21 Pram the surplus revenue of the Current Expense Fund to the Capital OuU <br />1sy Fund as above provided. <br />~ ~ ~.~',` <br />t~ i `~M C~ <br />i <br />