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335 <br /> <br /> During the review of employee benefits, Mr. Witherspoon informed the Board <br />that the County's 401(k) program administrator, BB&T, had advised that the County <br />could not implement a matching program as there are County employees earning more <br />than $64,000.00 per year. These employees are classified as "highly compensated" <br />and are subject to special IRS regulations. Commissioner Fennel indicated he <br />would do further research regarding a matching program for the County. Also, <br />during the discussion, Commissioner Payne spoke in support of the current 401(k) <br />program as a saving incentive for the younger employees. <br /> <br /> The Board again discussed the Capital Outlay funding for Kannapolis City <br />Schools. A decrease in student enrollment as well as the debt service payments <br />for the A. L. Brown air conditioning project reduced this funding to <br />approximately $80,000.00 for facilities upkeep for 1993-94. Commissioner Payne <br />reported that Mr. Witherspoon had informed Dr. Ed Tyson, Kannapolis Schools <br />Superintendent, that the Schools should come back to the County if they encounter <br />facilities problems during the year. <br /> <br />Proposal for a Tax Rate of 61.4 Cents <br /> <br /> Chairman Carpenter presented the following cuts from the County ManagerVs <br />original proposed budget to reduce the tax increase by 3.6 cents. In comparison <br />to the recommended cuts to maintain a .tax rate of 58 cents, she explained that <br />this proposal would allow a $15.00 per student increase for the Schools Current <br />expense as well as reduce the recommended cuts in the human service areas. <br /> <br />Item No. <br /> <br />4 <br />5 <br />8 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />2O <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />3O <br />31 <br />32 <br />33 <br />34 <br />35 <br /> <br />37 <br />38 <br />40 <br /> <br /> Expenditure Decreases <br />EMS <br />Recreation <br />General Services <br />Cooperative Extension <br />Management Information Systems <br />Mental Health <br />SheriffVs Department <br />Jail <br />Fire Dept. Supplement Increases <br />Emergency Management <br />Reduce Contingency <br />SWCD <br />Cut COLA 1% <br />Concord Library <br />Mobile Air/Light Truck (Debt Service) <br />Fire Marshal <br />Board of Commissioners <br />County Manager <br />Personnel <br />Revenue Collections <br />Assessor <br />Recreation <br />Cooperative Extension <br />MIS PC Analyst <br />Finance <br />Veterans Service <br />Contributions to Other Agencies <br />Merit Pay <br />Freeze Longevity for those receiving <br /> over 5%, cap others at 5% <br />Health Insurance <br />Capital Reserve <br />Kannapolis Library <br /> <br />Cut 1% from School Current Expense Increase <br />Cut Travel <br />Landfill Transfer (overhead) <br /> <br /> A~nount <br />$154,31200 <br /> 29 69800 <br /> 94.364 00 <br /> 20,000 O0 <br /> 50,00000 <br /> 50,000,00 <br /> 55 082 O0 <br /> 47 700 00 <br /> 8 000,00 <br /> 26,607,00 <br /> 65 00000 <br /> 2 600 O0 <br /> 174,343,00 <br /> 35 65300 <br /> 5 6OO O0 <br /> 1 124 O0 <br /> 5 000 O0 <br /> 3 000 O0 <br /> 5 000 O0 <br /> 3 697 O0 <br /> 2 000 O0 <br /> 34 607 O0 <br /> 2 885 O0 <br /> 37 000 00 <br /> 3 100 O0 <br /> 2 000 O0 <br /> 20 700 00 <br /> 169 567 00 <br /> 26 000 00 <br /> <br /> 35,000.00 <br />165,000.00 <br /> 8,458.00 <br /> <br />134,042.00 <br /> 40,000.00 <br /> 87,370.00 <br /> <br />TOTAL $1,604,509.00 <br /> <br />*Cuts listed with item numbers refer to those presented <br />by the County Manager at the June 16 Budget Work <br />Session. Modifications have been made in some cases. <br /> <br /> <br />