HomeMy WebLinkAboutC.054.93010_0946--
Iredell County
Statistical Data
06130(01 -7-0-6-10/02
Increase
_ (Decrease)
vestments
Cash&—in
12,749 $
35,466,578
$ (13,346,171)
Receivables (Net)
--$T48,8
,710,646
11,737,521
( 973,125)
Fixed Assets (Net)
47,792,199
53,939,250
11,147,051
Payables & Accruals
6,589,004
7,341,965
752,961 _
Lon -Term Debt
71,713,682
73,089,094
1,374,412
Total Equity
93,508,120
84,391,432
( 9,116,688)
Working Capital
Current
Lon -term Debt)
53,736,098
40,053,853
(13,682,245)
nce Reserved
35,315,520
18,392,647
(16,922,873)
lance
ed/Desi ated
r
1,950,220
3,527,347
1,577,127
lance
rved/Undesi Dated
10,354,569
10,537,633
183,064
ebt Margin
724,988,780
773,128,598
48,139,818
General Fund Budget
94,440,331
103,030,354
8,590,023
Net Material Budget
Amendments Made
(All funds)
3,356,994
9,031,072
5,674,078
—
Mr. McLelland said some of the notable changes could be explained by saying:
The decrease in cash/mvestments was due to bond money being spent.
The decrease in receivables could be attributed to cuts by the State.
The decrease in total equity was due to money, previously being held, that was paid out
for construction projects.
The increase in fund balance unreserved/designated was due to money set
aside for fire funds and fire related items.
The increase in legal debt margin was due to more properties being obtained by the
county.
Chairman Tice thanked Mr. McLelland and stated the board of commissioners
would receive the report for information.
Review of the Iredell County Mental Health Business Plan & Call for a
Public Hearing on Tuesday, December 17, 2002: Crossroads Behavioral Healthcare
Area Director & CEO David Swann briefly explained the following five documents.
1. Needs Assessment
2. Strategic Plan
3. Executive Summary
4, Timeline
5. Crossroads Area Board Resolution (The resolution was in support of the local
business plan; however, it stipulated the area board's reservations due to the
requirements imposed by the Mental Health Reform Act.)
Swann said Crossroads currently employed 260 people, but the organization in the
future would be much smaller. He said it was hoped area providers would employ most
of Crossroads' employees. Mr. Swann said the State appeared to be "financially pulling
out" its support of mental health services, and more would be expected of the counties.
He said "redirected funds" would be shifted to the counties when hospitals, such as
Broughton closed; however, there would be a decline in State dollars. Swann said a bed
at Broughton typically cost about $1,000 a day, but it was hoped patients in the future
could be treated locally for about $300 per day.
Commissioner Williams asked what would happen when Broughton Hospital closed.