HomeMy WebLinkAboutC.054.93011_1186Mooresville Graded School District
Debt Service on 1997 G.O. Bonds $
335,780
Debt Service on 2000 COPS
269,561
Debt Service on 2003 COPS
1,053,010
Debt Service on 2006 GO Bonds
781,850
Debt Service on 2006 CON
399,130
Design Phase for New School
100,000
Annual Renovations & Improvements
210,000
Moble Unit Setup
100,000
ADA Compliance
10,000
Furniture, Equipment & Technology
101,362
Yellow Buses
150,000
Pro ect Reserve
95,534
Total - Mooresville Graded School District $
3,606,227
I 1_
Deviation of more than 10% from approved Capital Expenditures will require
prior approval from the Iredell County Board of Commissioners.
Section 7. Appropriations are made to Mitchell Community College in the
2006-2007 budget as follows:
MitMCormnCoUe eCurrent
E nse$
2,079,595Ca
italOutla601,910Debt
Service on 2003129,244Debt
Service on 2006
70,000
Pro' ct Reserve
368,690
Total - Mitchell Community CoIlege $
3,249,439
Iredell County Board of Commissioners hereby reserves $250,000 of
Undesignated Fund Balance of the General Fund for Mitchell Community College
Capital Outlay in addition to 2006-07 appropriations.
Section 8. In order to carry out their duties, copies of this Budget Ordinance
shall be furnished to the County Commissioners, the Finance Officer, and the Clerk to
the Board.
Section 9. 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 objects of expenditure within
a department except that no transfers 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 $10,000 between departments of
the same fund with an official report on such transfer at the next regular meeting
of the Board of Commissioners.
c) The Budget Officer may transfer amounts into the salary accounts of any
department in order to affect merit increases and reclassifications from funds
appropriated for that purpose by the Board of Commissioners.
d) The Budget Officer may transfer amounts between the departments operated
under the authority of the Sheriff of Iredell County.