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156 <br /> <br />and the senior citizens living on a fixed income; (3) Tax increase will not solve <br />the schools facilities crisis and will not meet the schools needs; and (4) <br />Raising taxes is the easiest way to resolve any budget problems. <br /> <br /> Chairman Barnhart asked Commissioner Gasper if she had any suggestions <br />and/or further comments regarding the proposed budget. She responded that ~he <br />did not. <br /> <br /> Commissioner Carpenter opposed an increase in taxes, but commented that-the <br />County has to provide services to the people. Therefore, she stated she <br />supported approval of the budget as it included funding for the schools, water <br />and sewer, and public safety. Commissioner Carpenter also addressed the need for <br />a performance audit. <br /> <br /> UPON MOTION of Chairman Barnhart, seconded by Commissioner Payne with <br />Chairman Barnhart and Commissioners Payne, Fennel and Carpenter voting for and <br />Commissioner Casper voting against, the Board adopted the following Cabarrus <br />County Budget Ordinance for Fiscal Year 1994-1995. <br /> <br /> CABARRUS COUNTY <br />BUDGET ORDINANCE <br />FISCAL YEAR 1994-1995 <br /> <br /> BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North <br />Carolina: <br /> <br />Section 1. <br /> That for the operation and activities of Cabarrus County's government and <br /> its subdivisions for the fiscal year beginning July 1, 1994 and ending <br /> June 30, 1995, the following appropriations are made: <br /> <br />General Fund <br />Water & Sewer Utility Fund <br />Water & Sewer Utility District Fund <br />Landfill Fund <br />Economic Development Fund <br />TOTAL APPROPRIATIONS <br /> <br />$71,553,502 12 <br />$ 778,457 26 <br />$ 4,164,924 80 <br />$ 1,725,000 00 <br />$ 172,931 12 <br />$78,394,815 30 <br /> <br />Section II. <br /> That it is estimated that the following revenues will be available during <br /> the fiscal year beginning July 1, 1994 and ending June 30, 1995, to meet <br /> the appropriations in Section I: <br /> <br />General Fund <br /> Current Ad Valorem Tax Levy <br /> Other Revenues <br /> Fund Balance Appropriated <br /> Proceeds from Installment-Purchase <br /> Instrument <br /> TOTAL <br /> <br />$29,026,738.00 <br />$36,946,120.23 <br />$ 2,080,643.89 <br />$ 3,500,000.00 <br /> <br />$71,553,502.12 <br /> <br />Water & Sewer Utility Fund <br /> Revenues <br /> Fund Balance Appropriated <br /> TOTAL <br /> <br />$ 603,218.44 <br />$ 175,238.82 <br />$ 778,457.26 <br /> <br />Water & Sewer Utility District Fund <br /> Revenues <br /> Fund Balance Appropriated <br /> TOTAL <br /> <br />$ 3,827,924.80 <br />$ 337,000.00 <br />$ 4,164,924.80 <br /> <br />Landfill Fund <br /> Revenues <br /> TOTAL <br /> <br />$ 1,725,000.00 <br />$ 1,725,000.00 <br /> <br />Economic Development Fund <br /> Revenues <br /> TOTAL <br />TOTAL ESTIMATED REVENUES <br /> <br />$ 172,931.12 <br />$ 172,931.12 <br />$78,394,815.30 <br /> <br /> <br />