HomeMy WebLinkAboutC.054.93008_21211(:711
on a State salary schedule. Dr. Register said the administrators, as he understands it now, will
not receive a 6% increase, but will receive a flat amount.
In answer to Commissioner Mitchell's inquiry, Dr. Register said they would match whatever the
State gives for the local employees. The dental plan for families will be decided upon by the
school board. This is a part of the expansion budget, Register said.
CAPITAL OUTLAY DISCUSSED: Chairman Sloan suggested that they begin with the Capital Outlay
portion of the school budget. Commissioner Madison said the Capital Outlay was approved at the
meeting on June 3, 1992. (Clerk's Note: Capital Outlay for 92-93 was approved on a motion from
Chairman Sloan and a 4-1 vote for approval of the $15.6 million Capital Outlay for Iredell-
Statesville Schools for the construction plan as outlined by the school board and the county manager
($15,605,612) (Budget Work Session 6/3/92).
Commissioner Mitchell inquired if the Certificates of Participation (COP) could be repaid
earlier. Ms. Goodman said it was her understanding that proceeds from a bond sale could be used to
pay off COPS. She said there was sometimes a penalty for early repayment, but this could be
negotiated up front if it is known that the COPS may be repaid earlier.
Chairman Sloan suggested the board make a decision on how to fund the $15.6 million for capital
funding. MOTION: Commissioner Mitchell said he was willing to withdraw $112,000 from the fund
balance as he stated last week. He also is in favor of an ad valorem tax increase of three cents in
order to fund the capital requests. Commissioner Mitchell said he hopes by next year that there
will be a bond referendum. He also anticipates the General Assembly will allow only one school
system per county.
Commissioner Madison inquired if there was any statutory requirement for ADM funding on capital
outlay. Mr. Mashburn responded there was no requirement by Statutes; however, there has been a
precedent in this county that it be funded in that manner. Commissioner Madison asked Commissioner
Mitchell if he would amend his motion to be a three cents countywide tax, to be divided up based on
the tax property value in the two school districts rather than on ADM. This would save the $112,000
coming from fund balance, he said.
Mr. Mashburn said for Mooresville there would be $153,152; for Iredell-Statesville, there
would be $1,263,158. This is figured on the ad valorem tax value of the two taxing districts rather
than ADM basis.
Commissioner Mitchell said he would withdraw his motion to take the funds from the fund balance
and make an amendment to go with the plan as suggested by Commissioner Madison, which is three cents
divided up according to the ad valorem tax value in each school district.
Commissioner Stewart inquired if this three cents would be in addition to the proposed 42 cents
for the budget, which would still make it a 45 -cent tax rate.
Commissioner Mitchell said the vote is on three cents for capital outlay and not for the
remainder of the budget.
Commissioner Haire said she was in agreement with the motion as amended by Commissioner
Mitchell.
Chairman Sloan said there is a facility study that calls for closing Cool Springs and Union
Grove Schools and building smaller schools. The plan said that Wayside and A. D. Rutherford Schools
should be closed and other schools built. What the board is getting ready to vote on is a 15 -year
plan to do two years of work, Sloan said. He mentioned the plans for magnet schools and other plans
for schools.
VOTING: Ayes - 3 (Mitchell, Haire, Madison)
Nays - 2 (Sloan and Stewart)
Commissioner Mitchell said he did not feel the people in the communities are ready to give up
their community schools.
CURRENT EXPENSE FOR SCHOOLS: MOTION from Chairman Sloan to approve the county manager's
recommendation for Current Expense.
Commissioner Madison inquired how long before the State will give an indication of what they
are going to do inasmuch as the county's budget includes the 6% salary increase. If the State does
not grant this increase, how will the county school use these county funds. Dr. Register said
if the state only gives the 2% raise, then they would recommend that the balance of these funds go
into classroom teaching positions.
VOTING: Ayes - 5; Nays - 0.
FIVE MINUTE RECESS.
Ll