2012/06/18 RESOLUTION TO ALLOW THE HARNETT CTY BD OF EDUCATION TO TRANSFER FUNDS OF OPERATING FUND BAL TO CAPITAL PROJECTSHarnett
COUNTY
NORTH CAROLINA
www.harnett.org
RESOLUTION OF THE HARNETT COUNTY BOARD OF COMMISSIONERS
TO ALLOW THE HARNETT COUNTY BOARD OF EDUCATION TO TRANSFER
FUNDS OF OPERATING FUND BALANCE TO CAPITAL PROJECTS
WHEREAS, the FY 2012 -2013 Budget Ordinance provides no County funds for school
capital outlay; and
WHEREAS, the Board of Education has submitted a list of capital project needs for FY
2012 -2013 totaling $831,946; and
WHEREAS, the Superintendent of Schools sent correspondence dated June It, 2012
seeking County support for the Board of Education's ability to transfer funds from its Operating
Fund Balance to capital projects;
NOW, THEREFORE BE IT RESOLVED, that the Harnett County Board of
Commissioners approves the Board of Education's request to transfer Operating Fund Balances
reserves in the amount of $831,946 to its capital projects budget for the FY 2012 -2013.
Adopted this the 18`h day of June, 2012.
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ATTEST:
HARNETT COUNTY BOARD OF COMMISSIONERS
By: .Bl
Timothy B. Wleill, Chairman
Margl et Regina W eeler, Clerk to the Board
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