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Agenda - 10-04-2011 - 5g
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Agenda - 10-04-2011 - 5g
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Last modified
11/28/2011 2:33:09 PM
Creation date
11/28/2011 2:33:08 PM
Metadata
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Template:
BOCC
Date
10/4/2011
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
5g
Document Relationships
Minutes 10-04-2011
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2011
ORD-2011-031 Application for NC Education Lottery Proceeds for Schools
(Linked From)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2010-2019\2011
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<br />Orange County Board of Education <br />Resolution to Amend the Orange~County Capital tinprovement P(ari Funding <br />Policy <br />WHEREAS, The Orange County Government is considering an amendment to its capital improvement <br />plan funding policy for the 2D10-2011 fiscal year, <br />BE IT, TWEREFORE, RESOLVED, the Orange County Board of Education requests the County to <br />modify its Capital Funding Policy by (a) applyingto use accumulated lotteryfunds for debt service <br />payments provided an equal amount of funding is transferred fo the district's 2010-2011 CfP and {b) <br />permitting current year withdrawals immediately after the state's quarterly lottery fund deposit. <br />This-the 1~ day of November, 2010. <br />~'t ~ <br />Tony McKnight, Chair <br />Orange County Board of Education <br />f-~ ..~-~.~, L <br />~~ <br />G. Patrick Rhodes <br />Secretary to the Board of Education <br />
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