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TO THE CITIZENS OF CABARRUS COUNTY <br /> <br /> Cabarrus County has needed a new Courthouse for a long time, because <br /> <br />the present one does not meet the requirements of county government by any means. <br />On occasions Grand Juries have reported bad conditions and visiting judges have <br />commented on the lack of adequate facilities. <br /> <br /> Last March the Grand Jury, in its report to Judge Robert A. Collier, Jr., <br /> <br />recommended that a new courthouse be built. Judge Collier directed'the Board of <br />County Commissioners to report what concrete action was being taken to carry <br />out the directions of the Grand Jury. <br /> <br /> The need for a new courthouse is so apparent that the only question <br /> <br />is how it can be paid for. <br /> <br /> Cabarrus County now has about $190,000.00 in a building fund. A <br /> <br />large part of this will be needed for demolition of buildings, constructing <br />parking areas, landscaping, and architect's fees. The estimated cost of <br />$1,500,000.00 is for the building only. <br /> <br /> For the present fiscal year, 1971-72, $557,000.00 in sales tax <br /> <br />revenue was appropriated to balance the budget. This revenue was necessary <br />to replace the cash surplus used up last year. Cash surplus dwindled from <br />$564,000.00 to less than $28,000, and without sales tax revenue, the property <br />tax rate would have been increased excessively just to maintain existing <br />services. Ail of the sales tax revenue was budgeted, and there is none to <br />apply this year to the construction of a new courthouse. <br /> <br /> Based on past experience the cost of county government will continue <br /> <br />to increase. In the last eight years the budget has risen from two million <br />to more than five million dollar.s. Revenue from property taxes does not increase <br />that fast without continually raising the tax rate. So, the revenue from sales <br />taxes will be needed to meet rising costs and to meet additional services of <br />county government. To set aside significant amounts for some future construction <br />of the courthouse would only add more and more burdens to the property owner. <br /> <br /> Mr. E. T. Barnes is the Deputy Secretary of the Local Government <br /> <br />Commission, which controls the financial affairs of all county governments in <br /> <br />North Carolina. In a recent letter Mr. Barnes stated that: "Capital expenditures which <br />occur once in long periods of time or perhaps once in a lifetime, quite <br />possibly from a theoretical standpoint, fall into the area that should be <br />financed by bonds so that the facility will be paid by those receiving the <br />benefits. Where the need is already present, borrowing will provide the facility <br />before the cost of construction rises further." <br /> <br /> <br />