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Boom 26 PAalfl
REPORT FROM THE DIRECTOR OF SOCIAL SERVICES: A
report from the captioned department was submitted to the
board. Mr. Ostwalt, ex -officio member to the social
services board, said he wanted to make the county commissioners
aware of where the money is going in this department. Also
included in the report was a breakdown of federal, state
and local expenditures.
MONTHLY FINANCIAL REPORT: Bill Furches, finance
director, presented the board with the September financial
report. Mr. Furches said the county's cash position
was $1 million higher than it was at this same time last
year, the reason being additional revenues of $550,000
and less expenditures to the schools than at this time
last year. In the 1981-82 fiscal year, large capital
sums were required for the building of Mooresville Stadium.
Also, the payments into the county for Department of
Social Services have been received earlier than in
last fiscal year.
Mr. Furches said the intangibles tax and sales tax
are both up in this fiscal year. He reported there was
$1.15 million in the General Fund Account; last year at
this same time there was a deficit of $250,000.
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