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June 21, 2010 (Regular Meeting) Page 32
<br />revenue shortfalls; uncertainties associated with the State budget and
<br />legislators' actions; revenue projections and possible property tax rate
<br />increases in the future; decreased property values; most organizations are
<br />not giving merit raises; etc.
<br />Chairman White opened the public hearing at 7:10 p.m. The Public
<br />Hearing Notice was published on May 9 and June 6, 2010 in THE INDEPENDENT
<br />TRIBUNE. The Public Hearing Notice was also posted on the County's website
<br />( www.cabarruscounty.us ) on May 10, 2010 in accordance with Article 2,
<br />Administration, Section 2.1 (Use of Electronic Means to Provide Public
<br />Notices) of the Cabarrus County Code of Ordinances.
<br />There was no one present to address the Board; therefore, Chairman
<br />White closed the public hearing.
<br />UPON MOTION of Commissioner Carruth, seconded by Commissioner Mynatt
<br />and carried with Chairman White and Commissioners Carruth and Mynatt voting
<br />for and Vice Chairman Poole and Commissioner Privette voting against, the
<br />Board adopted the FY 2011 Cabarrus County Budget Ordinance for the General
<br />Fund, Cabarrus Arena and Events Center Fund, Landfill Fund, 911 Telephone
<br />Fund, and Workers Compensation and Health Insurance Fund, including budgetary
<br />changes listed in the agenda and suspension of Merit Pay Plan as set forth in
<br />the Personnel Ordinance for FY 2011, as it relates to each of the
<br />aforementioned funds. By the same vote, the Board transferred $350,000.00,
<br />previously budgeted for merit funding, to the Commissioners' Contingency line
<br />item for use in the event of State or other revenue shortfalls.
<br />Ordinance No. 2010 -17
<br />CABARRUS COUNTY BUDGET ORDINANCE
<br />FISCAL YEAR 2010 -2011
<br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North
<br />Carolina:
<br />Section I.
<br />The following amounts, listed by fund, are hereby appropriated as the
<br />estimated revenues and expenditure appropriations for the operation and
<br />maintenance of the County's various governmental activities, debt
<br />obligations and capital outlay purchases during the Fiscal Year
<br />beginning July 1, 2010 and ending June 30, 2011:
<br />General Fund
<br />A. It is estimated that the following revenues will be available in the
<br />General Fund for the fiscal year beginning July 1, 2010, and ending
<br />June 30, 2011:
<br />Ad Valorem Tax Levy
<br />129,945,566
<br />Other Taxes and Penalties
<br />27,537,341
<br />Intergovernmental Revenue
<br />19,309,367
<br />Permits and Fees
<br />2,399,505
<br />Sales and Services
<br />10,004,652
<br />Investment Earnings
<br />180,000
<br />Other Revenue
<br />184,644
<br />Other Financing Sources
<br />5,052,524
<br />TOTAL REVENUES
<br />194,613,599
<br />B. The following appropriations are made in the General Fund for the
<br />operation of the county government and its activities for the fiscal
<br />year beginning July 1, 2010, and ending June 30, 2011:
<br />General Government 21,762,180
<br />Cultural and Recreational 3,379,016
<br />Public Safety 26,742,871
<br />Economic and Physical Development 2,410,876
<br />Human Services 39,614,843
<br />Environmental Protection 234,962
<br />Education /School Debt 85,219,539
<br />Other Programs 2,679,658
<br />Other Debt Service 12,569,654
<br />TOTAL EXPENDITURES 194,613,599
<br />Cabarrus Arena and Events Center Fund
<br />
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