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· Expansion of programming for parks as a result of the construction of James L. Dorton Park, <br /> and the reconstruction of Caldwell Park and Les Myers Park. <br />· Participate in the planning and implementation of the existing downtown festivals, Share <br /> Cabarrus and the Christmas Parade. <br />· Continue the planned development of a park and greenway near the intersection of Corban <br /> Street and Highway 136 and the Gibson Village Greenway. <br />· Implementation of Multi-Jurisdictional "Livable Community Blueprint" once all jurisdictions <br /> accept it. <br />· Complete construction on a jointly funded soccer complex with Cabarrus County and the <br /> Cabarrus Soccer Association. <br />· Begin programming and maintenance ofWw Flowe Park. <br /> <br />Other Financing Uses: This function accounts for $1,496,113 or 3°/.o of the total general fund <br />budget. Major capital projects/improvements/programs are: <br />· Transfer funds from the General Fund to the 2-cent tax fund for funding for the transportation <br /> improvements. <br />· Transfer funds from the General Fund to the H.O.M.E. Consortium Fund to help support <br /> eligible affordable housing activities in ConcOrd. <br /> <br />Debt Service: This function accounts for $4,601,375 or 10% of the total general fund budget. <br />Major capital projects/improvements/programs are: <br />· Lease-purchase payments for equipment, vehicles, heavy equipment and technology in the <br /> General Fund - $1,775,525 <br />· General Obligation bonds for Parks and Recreation projects - $85,795 and Fire Department <br /> projects $72,929 <br /> 1998A Revenue Bonds for the Alfred M. Brown Operations Center - $289,029 <br /> 1998 Variable Rate COPS for transportation improvements - $668,224 <br /> 160A-20 COPS for Fire Department projects - $513,818 <br /> 160A-20 COPS for Parks & Recreation - $530,434 <br /> 160A-20 COPS for Downtown Parking Facility $665,921 <br /> <br />EXPENDITURES BY CATEGORY <br /> <br />Personnel Expenditures: Personnel expenditures include salaries, FICA, group insurance, <br />retirement, 401K, longevity pay, merit pay and other miscellaneous benefits for all coworkers. <br />This category of expenditures accounts for $44,725,358 or 35 % of the total budget. <br /> <br />There are 6 new full-time positions recommended in this budget. They are as follows: <br /> <br />Police <br />Senior Police Officer <br />(2) Master Police Officer <br />Customer Service Specialist <br />Information System Specialist <br /> <br /> 08/02 <br />1-08/02 1-12/02 <br /> 08/02 <br /> 08/02 <br /> <br />Engineering <br />GIS Analyst 10/02 <br /> <br />A total of $300,000 has been included in the recommended budget to fund the City's merit pay <br />system. This year, the merit percentages are proposed to be reduced to range from 2 to 3 percent <br />of salary. It is further recommended that all salary ranges be increased by 1.5 percent to keep <br /> <br /> <br />