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<br />insure accurate project accounting and asset recognition for the Justice Center Project, a total of
<br />$161,217 would be transferred to the Justice Center Project. There would be $87,440
<br />transferred from the New Courthouse Project, $50,000 transferred from the River Park
<br />Development Project, and $23,777 appropriated from the Town of Hillsborough for the River
<br />Park Development Project. The revenue was received in 2009 but never appropriated.
<br />The approval of Budget Amendment # 2 - B will effectively allow the closeout of all three Capital
<br />Projects: Justice Center Facility, New Courthouse, and the River Park Development. All funds
<br />are currently encumbered in the County Capital Projects Fund and no additional capital is
<br />required.
<br />Budget Amendment #2 - B
<br />Justice Center Facility:
<br />Project # 10013
<br />Revenues for this project:
<br /> Through FY
<br />2009-10 FY 2010-11
<br />Amendment FY 2010-11
<br />Revised
<br />Alternative Financin $10,200,000 $10,200,000
<br />2/3rds Net Debt Bonds 190,000 $87,440 277,440
<br />Sales Tax 1,726,112 1,726,112
<br />Transfer General Fund 50,000 50,000
<br />Contrib From
<br />Hillsborou h 0 23,777 23,777
<br />Total Project Fundin $12,116,112 $161,217 $12,277,329
<br />Appropriated for this project:
<br /> Through FY
<br />2009-10 FY 2010-11
<br />Amendment FY 2010-11
<br />Revised
<br />Desi n $1,374,103 $1,374,103
<br />Construction 9,992,009 $161,217 10,153,226
<br />Other 750,000 750,000
<br />Total Costs $12,116,112 $161,217 $12,277,329
<br />River Park Development:
<br />Project # 20032
<br />Revenues for this project:
<br /> Through FY FY 2010-11 FY 2010-11
<br /> 2009-10 Amendment Revised
<br />Contrib From
<br />Hillsborou h
<br />Transfer General Fund $50,000 $50,000)
<br />
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