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.