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HomeMy WebLinkAboutC.054.93008_191914'72 IREDELL COUNTY BOARD OF COMMISSIONERS BUDGET SESSION JUNE 11- 1991 The Iredell County Board of Commissioners met at 4:00 p.m. on Tuesday, June 11, 1991, for a budget session. The board planned to meet in The South Wing Conference Room of the Iredell County Government Center; however, because of an overflow crowd in attendance, the meeting was moved to the County Commissioners Meeting Room in the Government Center, The 250 -seat capacity is all that is allowed in this room because of City fire codes; therefore, because people were standing around the sides of the room and in the back, Chairman Sloan adjourned the meeting to reconvene at 4:30 p.m. at MacGray Auditorium, Statesville Senior High School, on North Center Street, Statesville. At 4:30 p.m., Chairman Sloan called the meeting to order at MacGray Auditorium, Statesville Senior High School, as stated above. Remarks made by Chairman Sloan: This board has been discussing the school budget for several months now. The last few days have brought numerous accounts of the motion and the vote taken by the board on the school budgets at our last meeting. This board has been divided over the proper course to take on the school systems. We have tentatively arrived at a compromise. Our agreement will allow the construction of all the capital projects as recommended: West Iredell Middle School East Iredeil Middle School Statesville Middle School $700,000 for other Capital Outlay The compromise increases the Current Expense funding from $629 to $686, which is a 9% increase. All of this has been accomplished without an increase of the current 59 -cent ad valorem tax rate. For those who might be interested, presently the projected completion date for East Iredell Middle is March 1993. By moving the completion date to May 31, 1993, we will be able to fund all the capital projects. The goal is to have East Iredeil, Statesville and West Iredell Middle Schools completed by 1995. This compromise agreement will accomplish this goal. On Current Expense, the Iredell-Statesville School Board requested $712 per student plus the revenues received by the additional two cents on the Supplemental Tax. That would equate to $750 per student. Obviously a 9% increase was not what was requested. Without a doubt cuts will be made by the school board. How was this accomplished without a tax increase? Approximately two years ago, there was a concerted effort to increase the county's fund balance. We have been able to increase our fund balance from 7% to it% today. Personal remarks by Chairman Sloan: Like most compromises no one leaves totally satisfied. Everybody has input but nobody really wins. (Not clear) I want the school boards to spend their money intelligently. The ideas of having two separate systems must end this minute. Fund balances belong to one system. The unknown is what will happen next year. By funding 4% of the 11% fund balance, we are placing a burden on ourselves next year that we will hve to address. My point is this. The direction of education of the county will be set over the next 18 months. If you have strong feelings on what should be done in this county on educa- tion, you better become involved. MOTION from Commissioner Haire to delay the vote on this compromise until the June 18, 1991 meeting, until she has more time to consider this proposal. VOTING: Ayes - 5; Nays - 0. PETROPAR, INC. HOLDING COMPANY FOR ALTA, INC., A WHOLLY OWNED SUBSIDIARY OF PETROPAR, INC. - INDUSTRIAL REVENUE BONDS: Mr. Jamie Bryant, attorney representing Petropar, Inc. and Alta, Inc., came before the board in reference to the industrial revenue bonds project, His request was that the board approve the project in principal and to call for a public hearing on this matter for 7:00 p.m., Tuesday, July 2, 1991. Mr. Bill Pope, County Attorney, requested that the Iredell County Board of Commissioners approve the firm of Robinson, Bradshaw & Hinson to act as bond counsel for Iredell County in this matter. Mr. Bryant explained that Alta, Inc. manufactured a monopolypropolene product which goes into baby diapers, personal hygiene products and airline pillows. They have acquired a ten -acre site in the Mooresville Business Park.