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Friday's Internet Edition, September 10, 2010.
County Delays Budget Hearing
By Mike Barnhardt
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A dispute over dipping into the county’s fund balance - and whether “receivables” should be spent - has county commissioners delaying a vote on the proposed budget.
That budget, presented to board members by County Manager Beth Dirks and Deputy County Manager Jim Stockert, includes a three-cent property tax increase.
That’s what members Ken White and Mark Jones want to eliminate.
“How can we move forward in these economic times,” Jones asked. “Some people would say use the fund balance to get over a lull in the economy. It is taking a chance, but it is a tough time on the people of this county.”
Stockert, the former finance director for the county, pointed out that sales tax revenues are down. The county, he said, has about two and a half months of operating money in the fund balance. He doesn’t like the idea of budgeting hold harmless and lottery funds and the reserves. Look at where the economy is, and what the budget is, and don’t expect it to get ... subscribe to the Davie County Enterprise, P.O. Box 4639, Salisbury, N.C. 28145.
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