BC 2012 12 17 Regular Meeting - Laserfiche WebLink

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December 17, 2012 (Regular Meeting) Page 1359 The board received the following reports as part of the agenda: • Cabarrus County Tourism Authority FY 2011/2012 Year End Financials • Cabarrus County Tourism Authority's 1 st Quarter FY 2012/2013 Update (I -3) Finance - Presentation of the Fiscal Year 2012 Comprehensive Annual Financial Report Susan Fearrington, Assistant Finance Director, announced the CAFR (Fiscal Year 2012 Comprehensive Annual Financial Report) is included in the Agenda and will be available to the public on the County website ( www.cabarruscounty.us ). She also reported the Government Finance Officers Association (GFOA) of the United States and Canada awarded a Certificate of Achievement for Excellence in Financial Reporting to Cabarrus County for its Comprehensive Annual Financial Report for the fiscal year ended June 30, 2011. This was the twenty- seventh consecutive year that Cabarrus County has received this prestigious award. She advised the department has also submitted for the current year's award. She then reviewed the Comprehensive Annual Financial Report (CAFR) for the year ended June 30, 2012, including the general fund balance sheet which identified total assets of $88,371,985 offset by $12,338,750 in liabilities for a total fund balance of $76,033,235, with the amount available for appropriation being $15,660,473. The net change in fund balance for the general fund totaled $2,019,824 as identified on the Statement of Revenues, Expenditures and Changes in Fund Balance. Erica Brown, Senior Audit Manager with Martin Starnes and Associates, gave a brief summary of the auditing process. In summary, she stated an unqualified audit opinion was issued - which is the best that can be achieved. She expressed appreciation to county staff for their efforts throughout the audit process. Note: The board accepted the Fiscal Year 2012 Comprehensive Annual Financial Report at its December 26, 2012 Recessed meeting. (I -4) BOC - Receive Updates from Commission Members Who Serve as Liaisons to Municipalities or on Various Board /Committees Commissioner Morris updated the board on upcoming projects discussed at the Town of Midland Town Council meeting. These projects included the construction of city hall with a library facility and enhanced law enforcement services. Commissioner Measmer reported the Department of Aging received a presentation on the proposed senior center renovations and voted unanimously for Phase 3; however concerns were raised regarding the kitchen area. There was also a unanimous vote to invite the Active Living and Parks staff to join with them at the Senior Center. Chairman Poole reported on the WSACC Christmas Party. (I -5) Request. for Applications for County Boards /Committees Applications are being accepted for the following county boards /committees: • Adult Care Home Community Advisory Committee - 7 Vacancies • Agricultural Advisory Board • Animal Protection and Preservation Advisory Committee - 8 Positions With Expired /Expiring Terms and 1 Vacant Position • Concord Planning and Zoning Commission (ETJ) - 1 Vacant Position • Council for a Sustainable Local Economy • Food Policy Council • Harrisburg Fire Advisory Board - 2 Positions With Expired Terms • Industrial Facilities and Pollution Control Financing Authority - 2 Vacant Positions • Juvenile Crime Prevention Council - 1 Vacant Positions • Nursing Home Community Advisory Committee - 5 Vacant Positions • Parks Commission • Region F Aging Advisory Board - 1 Position with Expired Term • Transportation Advisory Board - 2 Vacant Positions • Youth Council - 5 Vacant Positions with Expired /Expiring Terms