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January 31, 2009 (Board Retreat)
<br />Goal No. 4 - Year 3-5 Outcomes
<br />1. See Goal No. 5, 3-5 Year Outcome, No. 1.
<br />PROGRESS: No progress.
<br />NEXT STEPS: BOC discussion.
<br />Goal No. 5
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<br />Ensure that all citizens have equal opportunity and access to
<br />education, healthcare, and economic prosperity and encourage citizens to
<br />fulfill their potential and contribute to their community.
<br />Goal No. 5 - Year 1 Outcomes
<br />1. Collaborate with the school boards to develop cost-effective and
<br />comprehensive construction standards. Also consider alternative uses of
<br />school buildings after hours.
<br />PROGRESS: Topic of cost-effective school construction has been raised by BOC
<br />in joint meeting with CCBOE (Cabarrus County Board of Education).
<br />NEXT STEPS: Consolidate with Goal 3, Year 2, Outcomes, No. 2.
<br />2. Hold an extensive work session for information gathering and strategy
<br />development in the area of economic development.
<br />PROGRESS: Meetings held June 26 and August 15, 2008. BOC approved contract
<br />with EDC and adopted new, more flexible incentive program.
<br />NEXT STEPS: Continue to collaborate with the EDC.
<br />Goal No. 5 - Year 3-5 Outcomes
<br />1. Use the new Community Needs Assessment to guide a collaborative
<br />community effort to consider the needs and issues raised by the Assessment.
<br />PROGRESS: No progress.
<br />NEXT STEPS: Discuss the appointment of a citizens' committee by 2"a quarter
<br />2009 with Healthy Cabarrus and other appropriate agencies to lead a strategy-
<br />making effort.
<br />Projections for FY 2009 Budget and Recommended Reductions
<br />Due to a decline in market conditions, Pam Dubois, Deputy County
<br />Manager, reviewed the following revenue reductions for FY 2009 totaling
<br />$6,081,200.00:
<br /> Revenue
<br /> Reductions Amended Projected Available
<br /> FY 09 Budget fox FY 2009 FY 09 Revenues for Revenues
<br /> Jan. 2009 (1) Revenues FY 2010 (2) FY 2010
<br />Ad Valorem Taxes
<br />& Fees 132,090,058 (1,600,000) 130,490,058 130,990,058
<br />Sales Taxes 33,720,279 (600,000) 33,120,279 (6,856,252) 26,269,022
<br />Other Taxes &
<br />Penalties 919,900 919,900 919,900
<br />Intergovernmental
<br />Revenues 20,063,198 32,800 20,095,998 20,095,998
<br />R.O.D. Fees 2,907,000 (1,980,000) 1,927,000 (902,500) 1,029,500
<br />Building
<br />Inspections 3,720,000 (2,360,000) 1,360,000 (500,000) 860,000
<br />Other Permits G
<br />Fees 909,950 (209,000) 200,950 200,950
<br />Sales & Services 9,753,069 130,000 9,883,069 9,883,069
<br />Investment
<br />Earnings 2,000,000 2,000,000 (1,000,000) 1,000,000
<br />One-time Revenues 3,789,310 3,789,310 (3,789,310)
<br />Total 209,312,259 (6,081,200) 203,231,059 (12,598,062) 190,682,997
<br />(1) Revenue reductions for FY 09 results from declining market conditions.
<br />(2) Projected revenues fox FY 10: Decline in sales tax as a result of Medicaid reform (loss
<br />of Article 99 taxes and the cities hold harmless) and 1 percent decline due to market
<br />conditions; reductions of Building Inspections based on market conditions, reduction in
<br />interest o investments due to declining market rates, and the removal of all one-time
<br />revenues from budget FY 2009.
<br />She also responded to a variety of questions from the Board. A general
<br />discussion ensued and revenue trends for Building Inspections and the
<br />Register of Deeds, among others, were reviewed.
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