HomeMy WebLinkAboutC.054.93009_2135IREDELL COUNTY BOARD OF COMMISSIONERS
BUDGET MEETING MINUTES
HX 11.1999
The Iredell County Board of Commissioners met for a FY 1999-00 budget meeting on May
11, 1999, at 6:00 p.m., in the South Wing Conference Room, of the Iredell County Government
Center.
Members present included: Sara K. Haire, Chairman
Steve D. Johnson, Vice Chair
Tommy E. Bowles
Alice T. Fortner
Alice M. Stewart
Staff present included: County Manager Joel Mashburn, Finance Director Susan
Blumenstein, and Clerk to the Board Jean Moore.
Media present: Ginger Guy, Record & Landmark
REQUEST FROM THE IREDELL-STATESVILLE SCHOOL SYSTEM FOR
ASSISTANCE WITH A SEWER PROJECT FORTHE TOWN OF HARMONY: A letter was
recently received from the Iredell-Statesville School System asking for $200,000 to be used by the
Town of Harmony for a sewer project. The letter stressed that the solicited $200,000 was not a
part of the school system's 1999-2000 budget request. The school officials have also made a
request to assist with the design and development of the sewer project since the Harmony School
sewer will need to be replaced within two-four years.
Commissioner Johnson said the Mayor of Harmony had approached him over a year ago
with a request for assistance. The Town of Harmony applied for a grant and needed financial
assistance with the match.
Commissioner Fortner said the Town of Harmony and the school system were basically
requesting a letter of intent for $200,000 at $100,000 per year for two years.
Commissioner Stewart said she would like to know how much money the Town of Harmony
planned to give to the project.
Chairman Haire said her concern in assisting the Town of Harmony would be the precedent
being set. She said the residents on Langtree Road continually asked what could be done about their
sewer problems.
It was the consensus of the board to delay action until more information could be obtained.
FUND BALANCE: The manager said that no funds from the fund balance were used to
balance the 99-00 budget. He continued by saying the fund balance equaled 11.66% of the budgeted
expenditures. The Local Government Commission requires eight percent; however, it recommends
the average of like -sized counties. This amount for Iredell County, according to the most recent
correspondence, would be 22%.
Commissioner Johnson said he knew the staff typically over estimated expenditures and
under estimated revenues. He asked an estimate on how much money might be available at the end
of year 2000. Blumenstein said the county would probably underspend in expenditures by about
two percent. The county manager and finance director said they had not been as conservative on
this budget as they had been in the past. Mashburn said, "It's about as tight as it can go."