BC 2005 12 19 REGULAR - Laserfiche WebLink

Home Browse Search

December 19, 2005 - Regular Meeting Page 454 (4) Resolve that any recessed, held as needed with proper General Statute 153A-40. special or emergency meeting will be notice as required by North Carolina Adopted this the 19th day of December, 2005. /s/ Robert W. Carruth Robert W. Carruth, Chairman Chairman, Board of Commissioners ATTEST: /s/ Frankie F. Bonds Frankie F. Bonds, Clerk to the Board (H-IO) Fiscal Year 2005 Comprehensive Annual Financial Report Susan Fearrington, Assistant Finance Director, reported the auditing firm (Potter & Company, P.A.) had issued an unqualified audit opinion on the financial statements of Cabarrus County for the year ended June 30, 2005. Also, she reviewed the "Audit Presentation with Financial Updates" prepared by the Finance Department. Highlights of the presentation included the following: (1) Ad valorem taxes were 3.05 percent over budget due to an underestimation of property value and a 10-year high collection rate of 97.70 percent; (2) 15.06 percent growth in sales tax revenue; (3) Expenditures were 2.77 percent under budget; (4) Outstanding debt as of June 30 totaled $218,344,483.00 with 88.10 percent for public schools; (5) Annual debt service was 16.4 percent of the total General Fund expenditures at June 30; (6) Undesignated fund balance at June 30 was $30,458,561. 00 with $3,611,064.00 to be transferred to the Capital Reserve Fund in accordance with the Board's Fund Balance policy; and (7) Undesignated Fund Balance as a percentage of expenditures was 22.56 percent as of June 30, 2005. The Board accepted the 2005 Comprehensive Annual Financial Report as presented. (H-l1) Resolution on Illegal Immigration Commissioner Privette presented the immigration and moved for its adoption. motion. following resolution on illegal Commissioner Freeman seconded the A RESOLUTION ON ILLEGAL IMMIGRATION WHEREAS, the United States is a nation of immigrants that has encouraged immigrants lawfully seeking a better life, and this nation has constructed laws and policies to make sure people of all nationalities can legally enter our country and eventually claim citizenship; WHEREAS, it is now estimated that our nation's illegal immigration population may be as high as 20 million individuals with at least 500,000 new illegal aliens pouring across our borders every year or 42,000 a month; WHEREAS, the social expenses of illegal immigration for health care, education, and law enforcement are occurring at the rate of $30 billion a year according to a recent economic study of the impact of illegal immigration; WHEREAS, a recent WALL STREET JOURNAL article notes, "In the ten months ending ths (sic) July 24, 2005, border agents in Tucson, Arizona, arrested 375,000 illegals, and more than 28,000 had criminal records and dozens more came from potentially worrisome countries such as Iraq and Yemen; WHEREAS, wi th rising cost immigrants; the ever-present threat of terrorism and the ever- of providing government services to illegal BE IT THEREFORE RESOLVED that the Cabarrus County Board of Commissioners meeting on Monday, December 19, 2005, do hereby: 1. Direct the County Manager to implement to the fullest extent those provisions of PERSONAL RESPONSIBILITY AND WORK OPPORTUNITY RECONCILIATION ACT OF 1996 (PRWORA) permitting agencies administering state and local benefits to deny such benefits to illegal aliens and to participate in the SYSTEMATIC ALIEN VERIFICATION FOR ENTITLEMENTS (SAVE) system for determining legal