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2010-11 are $387,245 and projected expense for claims and administration for 2010-11 is <br /> $406,338. An allocation of $19,093 will be made from reserves in the fund to balance. <br /> Section XI. Encumbrances <br /> Operating funds encumbered by the County as of June 30, 2010 are hereby reappropriated to <br /> this budget. <br /> Section XII Capital Projects & Grants Fund <br /> The County Capital Improvements Fund, Schools Capital Improvements Fund, Community <br /> Development Fund and the Grant Projects Fund are hereby authorized. Appropriations made <br /> for the specific projects or grants in these funds are hereby appropriated until the project or <br /> grant is complete. <br /> Any capital project or grant budget previously adopted, the balance of any anticipated, but not <br /> yet received, revenues and any unexpended appropriations remaining on June 30, 2010, shall <br /> be reauthorized in the 2010/2011 budget. <br /> Section XIII. Contractual Obligations <br /> The County Manager is hereby authorized to execute contractual documents under the <br /> following conditions: <br /> 1. The Manager may execute contracts for construction or repair projects that do not <br /> require formal competitive bid procedures, and which are within budgeted departmental <br /> appropriations, for which the amount to be expended does not exceed $250,000. <br /> 2. The Manager may execute contracts for general and/or professional services which are <br /> within budgeted departmental appropriations, for purchases of apparatus supplies and <br /> materials or equipment which are within the budgeted departmental appropriations, and <br /> for leases of personal property for a duration of one year or less and within budgeted <br /> departmental appropriations for which the amount to be expended does not exceed <br /> $89,999. <br /> 3. Contracts executed by the Manager shall be pre-audited by the Finance Officer and <br /> reviewed by the County Attorney to ensure compliance in form and sufficiency with <br /> North Carolina law. <br /> This budget being duly adopted this 15th day of June 2010. <br /> • A motion was made by Commissioner Hemminger, seconded by Commissioner <br /> Pelissier to approve the Resolution of Intent to Adopt FY 2010-11 Annual Operating <br /> Budget. <br /> VOTE: UNANIMOUS <br /> The Resolution of Intent is given below: <br /> Resolution of Intent to Adopt the 2010-11 <br />