HomeMy WebLinkAboutC.054.93008_1942 (2)Section B. Capital Outlay funds are appropriated to the three school units as follows:
COUNTY APPROPRIATIONS
Iredell-Statesville Schools 3,171,937
Mooresville Graded School District 522,386
TOTAL 3,694,323
Capital Outlay Funds appropriated by the Board of Commissioners are to be expended for the
following categories as contained in G.S. 115C -426(f):
(1) Acquisition of land
(2) Building acquisition and construction
(3) Acquisition or replacement of furnishings and equipment
(4) Acquisition of school buses
(5) Acquisition of activity buses
Approved Capital Expenditures for the three school units are as follows:
IREDELL-STATESVILLE SCHOOLS
East Iredell Middle School 2,300,137
Statesville Middle and West Middle Projects 100,000
" DNR Permit Requirements 130,000
Furniture 100,000
Equipment 98,800
Vehicles 28,000
Individual Site Requests - Roof Improvements 415,000
TOTAL 3,171,937
MOORESVILLE GRADED SCHOOLS
Site Requests - Roof Improvement, HVAC,
Electrical 266,386
Debt Service (Property & Equipment) 161,000
Furniture & Equipment 75,000
Vehicles 20,000
TOTAL 522,386
Deviation of more than 10% from approved Capital Expenditures will require prior approval from
the Iredell County Board of Commissioners.
Section 9. Appropriations for school Capital Outlay in the 1991-92 budget are provided as
follows:
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Designated Sales Taxes 2,192,365
General Fund 823,641
Public School Building Capital Fund 678,317
Total 3,694,323
Section 10. Copies of this Budget Ordinance shall be furnished to the County Commissioners, the
Finance Officer, and the Clerk to the Board for the carrying out of their duties.
Section 11. The Budget Officer is hereby authorized to transfer appropriations within a fund as
contained herein under the following conditions:
(a) The Budget Officer may transfer amounts between object
of expenditures within a department except that no
transfer shall be made into or out of salaries without
approval by the Board of County Commissioners.
(b) The Budget Officer may transfer amounts up to $1,000
between departments of the same fund with an official
report on such transfer at the next regular meeting of
the Board of Commissioners.
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