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May 22, 2018 (Budget Meeting)
<br />Page 3556
<br />The Board of Commissioners for the County of Cabarrus met for a Budget
<br />Workshop Meeting in the Multipurpose Room at the Cabarrus County Governmental
<br />Center in Concord, North Carolina at 4:00 p.m. on Tuesday, May 22, 2018.
<br />Present - Chairman: Stephen M. Morris
<br />Vice Chairman: Diane R. Honeycutt
<br />Commissioners: F. Blake Kiger
<br />Lynn W. Shue
<br />Absent - Commissioner: Elizabeth F. Poole
<br />Also present were Mike Downs, County Manager; Pam Dubois, Senior Deputy
<br />County Manager; Jonathan Marshall, Deputy County Manager; Kyle Bilafer, Area
<br />Manager of Operations; and Angela Poplin, Interim Clerk to the Board.
<br />Call to Order
<br />Chairman Morris called the meeting to order at 4:01 p.m.
<br />Overview of the FY 2019 Budget Process
<br />Kristin Jones, Budget and Performance Manager, presented a brief overview
<br />of the agendas for the budget workshop meetings. She then presented the
<br />following information included in a PowerPoint presentation of the FY19
<br />Manager's Proposed Budget.
<br />All Funds Summary
<br />Funds
<br />FY38 Adopted
<br />FY19 Proposed
<br />Dollar Change
<br />Percent Change
<br />General
<br />246,996,127
<br />254,971,311
<br />7,905,184
<br />3.23%
<br />Landfill
<br />971,952
<br />1,171,554
<br />199,602
<br />20.54%
<br />911 Emergency Telephone System
<br />877,536
<br />790,864
<br />-86,672
<br />-9.89%
<br />Arena and events Center (Arena and Fair)
<br />1,541,829
<br />1,646,656
<br />106,627
<br />6.93%
<br />Health/Dental Insurance
<br />10,703,818
<br />11,295,475
<br />591,657
<br />5.53%
<br />Workers Compensation/Liability
<br />1,674,000
<br />2,257,715
<br />583,715
<br />34.87%
<br />Total
<br />262,765,262
<br />272,135,575
<br />9,370,313
<br />3.57%
<br />Overall Summary
<br />General Fund by Revenue Source
<br />Revenue Source
<br />FY18 Adopted
<br />FY19 Proposed
<br />Dollar Change
<br />Percent Change
<br />Tax Rate
<br />0.70
<br />0.72
<br />0.02
<br />2.66%
<br />Valuation
<br />22,126,343,745
<br />22,845,000,000
<br />718,656,255
<br />3.25%
<br />Penny
<br />2,189,747
<br />2,258,845
<br />69,098
<br />3.16%
<br />All Funds
<br />262,765,262
<br />272,135,575
<br />9,370,313
<br />3.57%
<br />General Fund
<br />246,996,127
<br />254,971,311
<br />7,975,184
<br />3.23%
<br />FTE
<br />1,116.04
<br />1,150.04
<br />-
<br />0.00%
<br />General Fund by Revenue Source
<br />Revenue Source
<br />FY18 Adopted
<br />FY19 Proposed
<br />Dollar Change
<br />Percent Change
<br />Ad Valorem Taxes
<br />154,345,842
<br />163,926,754
<br />9,580,912
<br />6.21%
<br />Other Taxes
<br />49,610,954
<br />48,153,664
<br />-1,457,290
<br />-2.94%
<br />Intergovernmental Revenues
<br />22,118,240
<br />19,961,943
<br />-2,156,297
<br />-9.75%
<br />Permits and Fees
<br />6,419,391
<br />6,969,899
<br />549,508
<br />8.56%
<br />Sales and Services
<br />11,563,565
<br />13,018,086
<br />1,454,521
<br />12.58%
<br />Investment Earnings
<br />500,000
<br />500,000
<br />-
<br />0.00%
<br />Miscellaneous
<br />438,135
<br />441,965
<br />3,830
<br />0.87%
<br />Other Financing Sources
<br />2,000,000
<br />2,000,000
<br />-
<br />0.00%
<br />Total
<br />246,996,127
<br />254,971,311
<br />7,975,184
<br />3.23%
<br />Susan Fearrington, Finance Director, provided additional information
<br />regarding the following items, which were included in the General Fund by
<br />Revenue Source topic.
<br />Ad Valorem Taxes
<br />
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