Orange County NC Website
from a previously budgeted non-departmental account within the General Fund to this <br />Partnership to End Homelessness Program within the Community Development Fund. <br />(See Attachment 1, column #6) <br />6. Carrboro High School Capital Project Ordinance <br />At its April 8, 2008 work session, the Board of County Commissioners approved a request <br />from the Chapel Hill Carrboro City School District to budget $400,000 in unanticipated <br />sales tax reimbursements. The use of these funds is in accordance with the Agency <br />Agreement, a component of the financing documentation for this project, between the <br />Chapel Hill-Carrboro City Schools and Orange County. The unanticipated revenue will <br />cover items for Carrboro High including: <br />~ Performing Arts equipment to start a drama program <br />~: Spectator stands for the competition field <br />Start-up costs for furniture and <br />~: Other one-time capital start up costs for the senior class (Fall 2008 will mark the <br />first year for the senior class to be located at Carrboro High.) <br />This budget amendment provides for the receipt of these funds for the above purposes. <br />(See Attachment 6, Carrboro High School Capital Project Ordinance) <br />FINANCIAL. IMPACT: Financial impacts are included in the background information above. <br />RECOMMENDATION(S): The Manager recommends that the Board of County Commissioners <br />approve the budget, capital and grant project ordinance amendments for fiscal year 2007-08. <br />