HomeMy WebLinkAboutC.054.93010_0286 (2)IREDELL COUNTY BOARD OF COMMISSIONERS
MINUTES FOR THE INCUMBENT BOARD MEETING
HELD ON DECEMBER 4 2000 (9.00 A.M.)
The Iredell County Board of Commissioners met at 9:00 a.m., on Monday, December 4,
2000, in the Commissioners' Meeting Room, Iredell County Government Center, 200 South Center
Street, Statesville, NC. This was the final meeting of the incumbent board. Those present were:
Sara Haire Tice, Chairman
Steve Johnson, Vice Chairman
Tommy E. Bowles
Alice T. Fortner
Alice M. Stewart
Staff present: Joel Mashburn, County Manager
Susan Blumenstein, Finance Director
Jean C. Moore, Clerk to the Board
CALL TO ORDER by Chairman Tice.
INVOCATION by Commissioner Johnson.
ADJUSTMENT TO THE DECEMBER 4, 2000 AGENDA: MOTION by Chainnan
Tice to approve the agenda with the following adjustment.
ADDITION• Request for Approval of Budget Amendment #27 in the Amount of $9,000 1'or the
Appropriation of Funds from Fund Balance for an Iredell County
Library Feasibility Study,
VOTING: Ayes - 5; Nays - 0.
REQUEST FOR APPROVAL OFTHE NOVEMBER 21,2000, MINUTES: MOTION
by Commissioner Stewart to approve the November 21, 2000 minutes.
VOTING: Ayes - 5; Nays - 0.
PRESENTATION OF THE COMPREHENSIVE ANNUAL. FINANCIAL REPORT
FOR THE FISCAL YEAR ENDING JUNE 30,2000: CPA Ron McLelland with McLelland,
Rutherford & McKenzie, P.A., presented the annual financial report for the fiscal year ending June
30, 2000. He said the report was mailed to the Local Government Commission on October 31, 2000,
and it was approved on November 22, 2000. McLelland said his firm's review was unqualified.
He said there were no findings of noncompliance with either state or federal awards or any other
laws and regulations. In addition, he said there were no questioned costs.
Finance Director Susan Blumenstein said the general fund undesignated, unreserved amount
at June 30, 2000 was $10,486,654. She said this amount was 11.21 % of the 2000-01 budget. Mrs.
Blumenstein said the county, during the budget process, had estimated there would be 1 111",
Blumenstein noted that a financial profile comparing June 30, 2000 with 1999 was included
in the document. She said the profile included: the revenues by source, expenditures by function,
and expenditures by object for all funds. Mrs. Blumenstein said the county "came in" with about
10.35% more revenues for the fiscal year; however, about 10.5% more was spent. She said the
county did remain within budget, however, in all funds.
Commissioner Fortner asked the fund balance percentage the Local Government Commission
required counties to maintain.