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South Piedmont Community College (SPCC) - Capital Budget Transfer Request
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INFORMATION CONTACT:
Beverly Liles, Finance, Director, 704-283-3675
ACTION REQUESTED:
Adopt Capital Project Ordinances 314C, 363A and 380.
PRIOR BOARD ACTIONS:
None.
BACKGROUND:
SPCC has requested to transfer $1,076,000 from the Aseptic Training Facility and move funding to the CDL Driving Pad in the amount of $772,560 and Main Building Renovation Bookstore in the amount of $303,440.
These funds are no longer needed on the Aseptic Training Facility due to the State allocating additional funding from interest earned on this project to SPCC.
FINANCIAL IMPACT:
None.