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Section XI. Budget Control <br /> General Statutes of the State of North Carolina provide for budgetary control measures <br /> to exist between a county and public school system. The statute provides: <br /> Per General Statute 115C-429: <br /> (c) The Board of County Commissioners shall have full authority to call for, and <br /> the Board of Education shall have the duty to make available to the Board of <br /> County Commissioners, upon request, all books, records, audit reports, and <br /> other information bearing on the financial operation of the local school <br /> administrative unit. <br /> The Board of Commissioners hereby directs the following measures for budget <br /> administration and review: <br /> That upon adoption, each Board of Education will supply to the Board of County <br /> Commissioners a detailed report of the budget showing all appropriations by <br /> function and purpose, specifically to include funding increases and new program <br /> funding. The Board of Education will provide to the Board of County <br /> Commissioners a copy of the annual audit, monthly financial reports, copies of all <br /> budget amendments showing disbursements and use of local moneys granted to <br /> the Board of Education by the Board of Commissioners. <br /> Section XII. Internal Service Fund - Dental Insurance Fund <br /> The Dental Insurance Fund accounts for the receipt of premium payments from the <br /> County for its employees and from the employees for their dependents, and the payment <br /> of employee claims and administration expenses. Projected receipts from the County <br /> and employees for 2007-2008 are $394,631 and projected expense for claims and <br /> administration for 2007-08 is $439,335.00. An allocation of $44,704.00 will be made <br /> from reserves in the fund to balance. <br /> Section XIII. Encumbrances <br /> Operating funds encumbered by the County as of June 30, 2007 are hereby re- <br /> appropriated to this budget. <br /> This bu get being duly adopted this 26th day of June 2007. <br /> 2� <br /> Donna Baker, Clerk t the Board Moses Carey, Jr., Chair <br /> Barry Jac e � Ali_ ce Gordon <br /> Va ene ous ee Mike Nelson <br />