As discussed in an earlier financial memo, please see the attached official documents and resolution for the Capital Projects Fund budget extension. We had unbudgeted expenditures including the final payment on the high school and the purchase, site prep and furnishing of the portables. We received offsetting revenues to cover the majority of these expenditures in state match funds and impact fees. The increase to the appropriation is $549,500.

Administrative Recommendation /MOTION/ "I move adopt resolution 17-9, authorizing an extension to the 16-17 Capital Projects Fund."