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May 28, 2013 (Recessed Meeting)
<br />Page 1552
<br />Mr. Mehta presented an overview of the funding matrix. Highlights of
<br />the overview included the following:
<br />Tax Rate by Funding Category
<br />Funding Category
<br />FY 2013
<br />Amended
<br />FY 2014
<br />Proposed
<br />Percent
<br />Change
<br />Mandated service & Mandated dollars
<br />0.1994
<br />.2059
<br />3.260
<br />Mandated service & Discretionary dollars
<br />0.3944
<br />0.3375
<br />- 14.42°
<br />Discretionary service & Mandated dollars
<br />0.0083
<br />0.0084
<br />1.200
<br />Basic administrative services
<br />0.0731
<br />0.0716
<br />-2.050
<br />Discretionary service & Discretionary dollars
<br />.0610
<br />0.0705
<br />15.570
<br />Nondepartmental Revenue
<br />(.0032)
<br />(.0053)
<br />65.630
<br />Nondepartmental Revenue - Fund Balance
<br />(.0341)
<br />.0000
<br />100.000
<br />Contingency
<br />.0012
<br />.0115
<br />858.330
<br />Total
<br />$0.70
<br />$0.70
<br />-
<br />Ms. Wilson presented an overview of education funding. She also
<br />responded to questions from the Board. Highlights of the overview included
<br />the following:
<br />Cabarrus County Schools
<br />Funding Category
<br />FY 2013
<br />Amended
<br />FY 2014
<br />Proposed
<br />Percent
<br />Change
<br />Current Expense (ADM = 30,743)
<br />36,769,042
<br />36,769,042
<br />-
<br />Building Maintenance
<br />5,577,284
<br />5,969,705
<br />7.04%
<br />Grounds Maintenance
<br />1,299,598
<br />1,299,598
<br />-
<br />Technology
<br />2,737,113
<br />3,737,113
<br />36.53%
<br />*Nurses
<br />793,633
<br />793,633
<br />-
<br />Total
<br />$47,176,670
<br />$48,569,091
<br />2.95%
<br />Capital
<br />1,020,000
<br />1,020,000
<br />-
<br />Capital: One -Time
<br />1,740,030
<br />1,500,000
<br />- 13.79%
<br />Total
<br />$2,760,030
<br />$2,520,000
<br />-8.700
<br />*Base funding since FY12, now given directly to Cabarrus Health Alliance
<br />Kannapolis City Schools
<br />Funding Category
<br />FY 2013
<br />Amended
<br />FY 2014
<br />Proposed
<br />Percent
<br />Change
<br />Current Expense (ADM = 4,064)
<br />5,035,545
<br />5,035,545
<br />-
<br />Building Maintenance
<br />879,319
<br />879,319
<br />-
<br />Grounds Maintenance
<br />238,864
<br />238,864
<br />-
<br />Technology
<br />89,504
<br />130,177
<br />45.44
<br />*Nurses
<br />136,585
<br />136,585
<br />-
<br />Total
<br />$6,379,817
<br />$6,420,490
<br />0.64%
<br />Capital
<br />100,000
<br />100,000
<br />-
<br />Capital: One -Time
<br />929,950
<br />-
<br />- 100.00%
<br />Total
<br />$1,029,950
<br />$100,000
<br />- 90.29%
<br />*Base funding since FY12, now given directly to Cabarrus Health Alliance
<br />Rowan- Cabarrus Community College
<br />Funding Category
<br />FY 2013
<br />Amended
<br />FY 2014
<br />Proposed
<br />Percent
<br />Change
<br />Curr Expense
<br />1,889,254
<br />1,932,829
<br />2.31%
<br />Capital
<br />100,000
<br />213,000
<br />113.00%
<br />Capital: One -Time
<br />919,608
<br />-
<br />- 100.00%
<br />Debt Service
<br />202,018
<br />230,569
<br />14.13%
<br />Total
<br />$3,110,880
<br />$2,376,398
<br />- 41.04%
<br />Ms. Wilson provided an overview of funding to outside agencies.
<br />Highlights of the overview included:
<br />Contributions to Other Agencies
<br />Agency
<br />FY 2013
<br />Amended
<br />FY 2014
<br />Proposed
<br />Percent
<br />Change
<br />Arts Council
<br />26,000
<br />26,000
<br />-
<br />*Economic Development Corporation
<br />312,000
<br />312,000
<br />-
<br />Fire Districts - Sales Tax
<br />526,976
<br />586,785
<br />11.35•
<br />* *Cabarrus Health Alliance (incl. school Nurses)
<br />5,249, 177
<br />5,509,013
<br />4.95%
<br />NC Forester
<br />70,554
<br />86,179
<br />22.15 %''
<br />Cardinal Innovations Healthcare Solutions
<br />614,021
<br />614,021
<br />-'
<br />Juvenile Crime Prevention Council
<br />223,611
<br />295,111
<br />31.98 %'
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