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May 23, 2017 (Budget Meeting) Page 3158
<br /> The Board of Commissioners for the County of Cabarrus met for a Budget
<br /> Workshop Meeting in the Multipurpose Room at the Cabarrus County Governmental
<br /> Center in Concord, North Carolina on Tuesday, May 23, 2017 at 4:00 p.m.
<br /> Present - Chairman: Stephen M. Morris
<br /> Vice Chairman: Diane R. Honeycutt
<br /> Commissioners: F. Blake Kiger
<br /> Elizabeth F. Poole
<br /> Lynn W. Shue
<br /> Also present were Mike Downs, County Manager; Pam Dubois, Senior Deputy
<br /> County Manager; Jonathan Marshall, Deputy County Manager; Kyle Bilafer, Area
<br /> Manager and Megan Smit, Clerk to the Board.
<br /> Call to Order
<br /> Chairman Morris called the meeting to order at 4 :06 p.m.
<br /> Overview of the FY 2017 Budget Process
<br /> Kristin Jones, Senior Budget Analyst, presented a brief overview of the
<br /> agendas for the budget workshop meetings. She then presented the following
<br /> information included in a PowerPoint presentation of the FY18 Manager's Proposed
<br /> Budget.
<br /> All Funds Summary
<br /> Funds FY17 FY18 Dollar Percent
<br /> Revised Proposed Change Change
<br /> General $256,446,541 $246,620,485 ($9,826,056) (3.83%)
<br /> Landfill 1,046,342 971,000 (75,342) (7.20)%
<br /> 911 Emergency Telephone System 1,057,102 877,536 (179,566) (16.99%)
<br /> Arena & Events Center (Arena & Fair) 1,728,084 1,541,837 (186,247) (10.78%)
<br /> Health/Dental Insurance 9,937,808 10,703,618 766,010 7.71%
<br /> Workers Comp/Liability 1,638,878 1,674,000 35,122 2.14%
<br /> Total $271,854,755 $262,388,676 ($9,466,079) (3.48%)
<br /> Susan Fearrington, Finance Director, reviewed the following information.
<br /> Overall Summary
<br /> FY17 Revised FY18 Proposed Change Percent Change
<br /> Tax Rate $0.70 $0.70 - -
<br /> Valuation $21,270,628,690 $22,126,343,745 $855,715,055 4.02%
<br /> Penny $2,086,189 $2,189,747 $103,558 4.96%
<br /> All Funds $271,854,755 $262,388,676 ($9,466,079) (3.48)%
<br /> General Fund $256,446,541 $246,620,485 ($9,826,056) (3.830
<br /> FTE 1,086.08 1,116.04 29.96 2.68
<br /> Ms. Jones presented an overview of the following items.
<br /> Change in FTE from FY17 to FY18
<br /> FTE Comparison FTE equivalent Change in FTE
<br /> FY17 Adopted 1,081.05
<br /> FY17 Revised 1,086.08 5.03
<br /> FY18 Proposed 1,116.04 29.96
<br /> General Fund by Revenue Source
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