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HomeMy WebLinkAboutC.054.93011_1597Transfers to General Fund : EMS - Statesv& Improvements $ 225,000 ICGC-S - Painting & Stucco 150,000 ICGC-S - DSS U fit 2nd Floor 115,000 Animal Control Repairs & Upgrades 235,000 Generator Pr ' cis 233,000 Reserve for Future Capital Projects 1,226,300 $ 2,184,300 Section 20. The Parks Reserve Special Revenue Fund is established to accumulate funds for the purchase and development of land, construction of parks, and purchase of equipment. Funds will be provided by operating transfers from the General Fund, contributions, and interest on investments. The operating transfers are subject to annual appropriation by the Iredell County Board of Commissioners. All projects funded from this Special Revenue Fund are subject to approval by the Board of Commissioners and will be accounted for in a Capital Project Fund. The total accumulated in this Special Revenue Fund will be divided equally between the four quadrants of the County for recreation and parks projects. Up to $10,000 of each quadrant's share may be used for planning costs. It is estimated the following revenues will be available for the fund during the fiscal year beginning July 1, 2007 and ending June 30, 2008. are: Investment Earnings $ 31,345 Stumpy Creek Launch Fees $ 7,000 Transfer from General Fund 90,000 $ 128,345 Appropriations of the fund for the fiscal year beginning July 1, 2007 and ending June 30, 2008 Transfer to North Iredell Park Fund $ 22,500 Future Parks Projects 105,845 $ 128,345 I I Section 21. The JCPC Special Revenue fund is established to account for Juvenile Delinquency and Prevention Grants received from the State of North Carolina and passed through Iredell County to outside agencies. It is estimated the following revenues will be available for pass-through grants for the fiscal year beginning July 1, 2007 and ending June 30, 2008 are: JCPC Grant $ 289,418 Transfer from General Fund - Barium Springs HC Local Match 14,550 $ 303,968 Appropriations of the fund for the fiscal year beginning July 1, 2007 and ending June 30, 2008 Grants to Outside Agencies $ 288,468 Administration 15,500 $ 303,968 16