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ORD-2008-016 - Fiscal Year 2007-08 Budget Amendment #9
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ORD-2008-016 - Fiscal Year 2007-08 Budget Amendment #9
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Last modified
4/21/2011 4:24:19 PM
Creation date
10/15/2009 3:15:50 PM
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BOCC
Date
4/15/2008
Meeting Type
Regular Meeting
Document Type
Ordinance
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from a previously budgeted non-departmental account within the General Fund to this <br />Partnership to End Homelessness Program within the Community Development Fund. <br />(See Attachment 1, column #6) <br />6. Carrboro High School Capital Project Ordinance <br />At its April 8, 2008 work session, the Board of County Commissioners approved a request <br />from the Chapel Hill Carrboro City School District to budget $400,000 in unanticipated <br />sales tax reimbursements. The use of these funds is in accordance with the Agency <br />Agreement, a component of the financing documentation for this project, between the <br />Chapel Hill-Carrboro City Schools and Orange County. The unanticipated revenue will <br />cover items for Carrboro High including: <br />.~ Performing Arts equipment to start a drama program <br />Spectator stands for the competition field <br />-~ Start-up costs for furniture and <br />~ Other one-time capital start up costs for the senior class (Fall 2008 will mark the <br />first year for the senior class to be located at Carrboro High.) <br />This budget amendment provides for the receipt of these funds for the above purposes. <br />(See Attachment 6, Carrboro High School Capital Project Ordinance) <br />FINANCIAL IMPACT: Financial impacts are included in the background information above. <br />RECOMMENDATION(S): The Manager recommends that the Board of County Commissioners <br />approve the budget, capital and grant project ordinance amendments for fiscal year 2007-08. <br />
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