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2 <br />Capital Funds <br />• The County Capital Funds revenues and other financing sources total $6,116 compared to <br />expenditures of approximately $2.9 million for the quarter ended September 30, 2014. The majority <br />of the current fiscal year expenditures related to construction cost incurred for the Whitted Building <br />Meeting Room, Information Technology, the McGowan Creek Outfall, Economic Development <br />Infrastructure projects, and communication system improvements for Emergency Services as part of <br />the strategic plan. <br />• The School Capital Funds expenditures total $1.1 million. The majority of the current fiscal year <br />expenditures related to cost incurred for capital projects for the Chapel Hill — Carrboro City School <br />District for the quarter. <br />Solid Waste Fund <br />• Revenues and transfers for the Solid Waste Fund totaled $1.43 million for the quarter ended <br />September 30, 2014. Revenues and other financing sources and uses lower due to the closure of <br />the landfill as of June 30, 2013. Total revenues collected are 11% of the amended budget for the <br />fiscal year. <br />• Expenses for the Solid Waste Fund totaled $2.8 million for the quarter ended September 30, <br />2014.Total expenses are 25% of the budget for the fiscal year. <br />• Revenues and transfers are less than expenses by $1.4 million for the quarter ended September 30, <br />2014. <br />Sportsplex Fund <br />• Revenues for the Sportsplex Fund totaled $777,000 for the quarter ended September 30, 2014. <br />Total revenues are 16% of the amended budget for the fiscal year. <br />• Expenses for the Sportsplex Fund totaled $856,622 for the quarter ended September 30, 2014. Total <br />expenses are 23% of the budget for the fiscal year. <br />• Revenues and net transfers are less than expenses by $79,660, which is nominally the same as the <br />previous fiscal year. <br />