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 />
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