HomeMy WebLinkAboutDecember 3 2012 Incumbent Board Meeting MinutesIREDELL COUNTY BOARD OF COMMISSIONERS
MINUTES FOR THE INCUMBENT BOARD MEETING
DECEMBER 3, 2012
The Iredell County Board of Commissioners met at 9:00 A.M. on Monday,
December 3, 2012, in the Iredell County Government Center (Commissioners' Meeting Room),
200 South Center Street, Statesville, NC.
Board Members Present
Chairman Steve Johnson
Vice Chairman Marvin Norman
Frank Mitchell
Ken Robertson
Sara Haire Tice
Staff present: County Manager Ron Smith, County Attorney Bill Pope, Finance Director
Susan Blumenstein, Assistant Finance Officer Deb Alford, and Clerk to the Board Jean Moore.
CALL TO ORDER by Chairman Johnson
INVOCATION by Chairman Johnson
PLEDGE OF ALLEGIANCE
PRESENTATION OF THE YEAR ENDING JUNE 30, 2012 EXTERNAL AUDIT:
CPA Amber McGhinnis, with Martin Starnes & Associates, provided a presentation on the
financial report for the year ending on June 30, 2012. McGhinnis said an unqualified opinion
had been rendered, and this was the highest appraisal level that could be achieved.
Anon nuamwnrs rrom rvicvmnms
As of June 30, 2012
General Fund Cash
General Fund Revenues and Transfers
from other funds
General Fund Expenditures and
Transfers to other Funds
are as ronows.
$ 47,109,913
$161,374,984
$153,467,261
Fund Balance
Serves as a measure of the County's financial resources available
Assets — Liabilities = Fund Balance
5 Classifications
Non spendable — not in cash form
Restricted — external restrictions (laws, grantors)
Committed — internal constraints at the highest (board) level do not expire, requires board
action to undo
Assigned — internal constraints, lower level than committed
Unassigned — no external or internal constraints
Available fund balance as defined by the Local Government Commission (LGC) is calculated as
follows:
Total Fund Balance
Less: Non spendable (not in cash form, not available)
Less: Stabilization by state statute (by state law, not available)
Available Fund Balance
(This is the calculation utilized as the basis for comparing one unit to others and calculating
fund balance percentages.)
Fund Balance Position — General Fund
Total fund balance $55,318,288
Non spendable - 242,863
Stabilization by state statute - 15,207,399
Available fund balance $39,868,026
Available Fund Balance 2011 $34,763,916
Increase in available fund balance $ 5,104,110
Top 3 Revenues: General Fund
Property taxes @ 61%
Sales taxes @ 17%
Federal & State Grants @ I I %
Other @ 11% (This includes taxes and licenses, intergovernmental, permits and fees, sales and
services, investment earnings and miscellaneous revenue.)
Ton 3 EXDenditures: General Fund
Education @ 30%n
Human Services @ 21%
Public Safety @ 19%
Other Expenditures @ 30%
Solid Waste Disposal Facility Fund
Operating Income $ 2,682,332
Depreciation Expense $ 1,095,216
Total Net Assets $30,528,029
Unrestricted Net Assets $11,367,969
Cash Flows Provided by Operations $ 4,160,358
Required Debt Service for 2012 $ 1,389,819
EMS SDecial Services Fund
Operating Income
$
359,141
Depreciation Expense
$
11,940
Total net assets
$
849,246
Unrestricted net assets
$
403,967
Cash flows provided by operations
$
52,686
Required debt service for 2012
$
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REQUEST FOR APPROVAL OF THE NOVEMBER 9 & 20, 2012 MINUTES:
MOTION by Commissioner Tice to approve the captioned minutes as presented.
VOTING: Ayes — 5; Nays — 0.
CAREER ACADEMY AND TECHNICAL SCHOOL: Chairman Johnson advised
that Larry Rogers, the principal of the Career Tech School, had requested a signature on a grant
application. Johnson said Mr. Rogers discussed the matter with him on Friday,
November 30, 2012, and the application deadline was December 3. Chairman Johnson said the
application was signed due to the deadline as well as being told the school was eligible for the
funding and would most likely receive it. Johnson said the funds would be used at the Troutman
tech center for advanced manufacturing.
PRESENTATION OF APPRECIATION PLAQUES TO COMMISSIONER
FRANK MITCHELL AND COMMISSIONER SARA HAIRE TICE: Chairman Johnson
commended Commissioner Mitchell and Commissioner Tice. He noted that they were both
"virtuous people in a classical sense," and it had been a pleasure to work with them.
Commissioner Robertson praised Commissioner Mitchell's knowledge of the state
legislature and for his input on legislation impacting the county. Robertson credited
Commissioner Tice for the construction of a new high school that was now accommodating 2,000
students.
Vice Chairman Norman expressed appreciation to Mitchell and Tice for their willingness
to assist when called upon to assume the unexpired terns of other board members.
ADJOURNMENT OF THE FINAL MEETING OF THE 2010 — 2012 IREDELL COUNTY
BOARD OF COMMISSIONERS: OTION by Commissioner Mitchell to adjourn the final 2010-2012
commissioners' meeting. (SINE DIE)
VOTING: Ayes — 5; Nays — 0.
Approval:
2
to the Board