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523
<br />
<br /> UPON MOTION of Commissioner Payne, seconded by Chairman Carpenter and
<br />unanimously carried, the Board approved a compensatory pay policy requiring that
<br />only those eligible non-exempt employees be paid twice a year in November and
<br />May if they have at least 200 hours of vacation and more than 50 hours of
<br />compensatory time. The only other requirement to pay non-exempt employees for
<br />compensatory time accrued is upon termination. In addition, the Board agreed
<br />that the County Manager at his discretion may approve payments of compensatory
<br />time at different times of the year in the event of illness or other emergency
<br />of an employee.
<br /> The Board also requested that a report be submitted after the payment of
<br />compensatory time.
<br />
<br />REPORTS
<br />
<br /> Chairman Carpenter called the Board's attention to the written report by
<br />Sheriff Robert Canaday regarding the status of the implementation of the 911
<br />service. Barring any unanticipated problems, Sheriff Canaday indicated in his
<br />report that the County will meet the October 1, 1992 deadline for the system
<br />being operational.
<br />
<br /> Chairman Carpenter recessed the meeting until the conclusion of the
<br />meeting of the Water and Sewer District of Cabarrus County.
<br /> Chairman Carpenter reconvened the meeting of the Board of Commissioners.
<br />
<br />NEW BUSINESS
<br />
<br /> Mr. Blair Bennett, Finance Director, presented a financial update of the
<br />County. Highlights of his report included the following information: (1) An
<br />additional $2.2 million in local funds is needed to complete the Coddle Creek
<br />Reservoir project; (2) The net Fund Balance available for appropriation at June
<br />30, 1992, is estimated at $8,301,602.00; (3) The Fund Balances available for
<br />appropriation at June 30 for the Water and Sewer Utility Fund and Water and
<br />Sewer District Fund are estimated at $1,811,798.00 and $468,756.00,
<br />respectively; (4) The assessed valuation for 1992 is estimated at
<br />$4,460,000,000.00; and (5) Revenues and expenditures at year end are estimated
<br />at $55,136,482.00 and $54,145,798.00, respectively (an increase of revenues over
<br />expenditures of $990,684.00). During review of the available funds and
<br />discussion of the fund balance, Mr. Bennett pointed out that $3,150,000.00 was
<br />received from the airport settlement with the City of Concord and that only
<br />$630,000.00 had been budgeted in this account. This one time settlement had
<br />accounted for $2,520,000.00 of the revenues that exceeded expenditures. Mr.
<br />Bennett projected shortages totaling $2,035,000.00 for the following budgeted
<br />revenues: Sales taxes, intangible tax, interest on investments, ambulance
<br />charges, and Social Service Revenues. In conclusion, he recommended that the
<br />County maintain at least a 15 percent net available Fund Balance to current year
<br />expense and use approximately $1 to $1.5 million of available Fund Balance for
<br />Fiscal Year 1992-93.
<br /> Commissioner Simmons left the meeting at 9:15 P.M. and was absent for the
<br />remainder of the meeting.
<br /> UPON MOTION of Chairman Carpenter, seconded by Commissioner Barnhart with
<br />Chairman Carpenter and Commissioners Barnhart, Hamby and Payne voting for, the
<br />Board added to the agenda the consideration of a position in the Planning and
<br />Zoning Department.
<br /> UPON MOTION of Chairman Carpenter, seconded by Commissioner Barnhart with
<br />Chairman Carpenter and Commissioners Barnhart and Hamby voting for and
<br />Commissioner Payne voting against, the Board directed Mr. John Day, Budget
<br />Officer, to include the current temporary Zoning Technician position as a
<br />permanent position in the Fiscal Year 1992-93 budget.
<br /> Mr. Witherspoon recommended that the Board schedule a public auction on
<br />June 5, 1992 to dispose of surplus County property.
<br /> UPON MOTION of Commissioner Payne, seconded by Chairman Carpenter with
<br />Commissioners Payne, Hamby and Barnhart and Chairman Carpenter voting for, the
<br />Board moved to add to the agenda consideration of a surplus property auction.
<br /> UPON MOTION of Commissioner Payne, seconded by Chairman Carpenter with
<br />Commissioner Payne, Hamby and Barnhart and Chairman Carpenter voting for, the
<br />Board scheduled a public auction for surplus property on Friday, June 5, 1992.
<br />The time, place, and auctioneer will be selected at a later date.
<br />
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