HomeMy WebLinkAboutC.054.93011_0300 (2)650 Library: The board members stressed the importance of alerting the public about the
overdue book charge that was being increased from 5¢ to 25¢.
Mashburn estimated the new library would be ready for occupancy around the end of
December.
655 Parks & Recreation: Blumenstein said the estimated fund balance for the parks
capital reserve fund at June 30, 2005 would be $786,871. She said this amount could be divided
by three since the southern sector (Stumpy Creek) was separate.
800 Transfers to Other Funds: Mashburn said that $1,500,000 had been recommended
for the Capital Reserve Fund.
Commissioner Madison referred to his earlier comment pertaining to the Solid Waste
Fund amount of $1,867,935 that was being used to repay the general fund for assets transferred
when the enterprise fund was created. (Madison had earlier stated that he preferred to use the
$1.8 on capital needs instead of reoccurring expenses as proposed by the county manager to
balance the FY 04-05 budget.)
Solid Waste Disposal Fund: Mashburn said the budget included funds for the proposed
West Iredell Transfer Station. He said no changes were being proposed for the solid waste fees.
OTIO by Commissioner Madison to approve Budget Amendment #40A to repay the
General Fund the cost basis of assets transferred to the Solid Waste Enterprise Fund in 1992.
VOTING: Ayes — 5; Nays — 0.
The budget amendment will be as follows:
Account Solid Waste Enterprise Fund Existing Change Amended
524880 499502 Appropriated Retained Earnings (98,500) (1,867,935) (1,966,435)
520751576010 Transfer to General Fund 144,685 1,867,935 2,012,620
General Fund
104880 495052 Transfer in from Solid Waste (144,685) (1,867,935) (2,012,620)
100800 576040 Transfer to Capital Reserve Fund 932,095 1,500,000 2,432,095
100536 610000 ECOM - Simulcast System 281,975 150,000 431,975
100532 605000 Animal Control -Buildings a improvements 30,000 40,000 70,000
100457 532500 Meeting St. Service Ctr.Main/Rep. 12,700 39,935 52,635
100615 564038 Crossroads -Crisis Center - 50,000 50,000
100435 537508 4351 Tax Assessor - Cont. Services- Other 160,604 88,000 248,604
Future Capitol Projects *511,192
' 434,400
945,592
'old library" Renovations
Cap Pro j. Ord. 7/1/04 (800,000
Bol. Capital Reserve $ 145.592
(doesnt include interest earnings)
Volunteer Fire Departments (VFDs): Commissioner Williams said the VFD budget
process had gone smoothly.
Cooital Reserve Fund
344880 495010
Transfer in from General Fund (932,095)
(1,500,000)
(2,432,095)
340800 576040 10904 Transfer to NCDENR Renovation 615,567
988,808
I,604,375
340800 580050
Future Capital Projects
"511,192
511,192
344880 490000
Financing Proceeds -DSS -
(434,400)
(434,400)
340800 580050
Future Capital Projects -
*434,400
434,400
Future Capitol Projects *511,192
' 434,400
945,592
'old library" Renovations
Cap Pro j. Ord. 7/1/04 (800,000
Bol. Capital Reserve $ 145.592
(doesnt include interest earnings)
Volunteer Fire Departments (VFDs): Commissioner Williams said the VFD budget
process had gone smoothly.