BUDGET COMMITTEE
September 22, 2008
** NOT APPROVED
Committee Members Present
T. Hopkins, D. Fanton, W. Dibble, W.
Hall, T. O’Grady, C. Crandall
J. Margeson, B. Riehle, T. Ross,
N. Ungermann
2009 Budget Review
County
Administrator/Budget Officer John Margeson indicated that he plans to make the
following changes to the preliminary 2009 Budget before filing the Tentative
Budget:
Transfer $300,000 from Debt Service
Unappropriated
Fund Balance to Debt Service ($300,000)
Decrease A6101.474 Medicaid from
$9,380,435 to $9,210,435 ($170,000)
Transfer $200,000 from CHIPS Revenue
to Debt Service ($200,000)
Add $35,000 to A3152.416 ($ 35,000)
Increase A10.3610.00
$1,396,338 to $1,496,338
Increase A11.4610.00
$2,867,444 to $2,917,444
Increase A10.3670.00 State Reimb.
P.O.S. from ($ 50,000)
$500,000 to $550,000
Committee
members discussed the process of paying back the Debt Service Fund. It was noted that CHIPS revenue can be used
to pay Debt Service on money we borrowed on bridges and heavy equipment;
however, it reduces the paving we can do.
Legislator William Hall commented that when we use $200,000 of CHIPS
money in this way as a “one time deal,” we end up starting next year $200,000
behind if we don’t do the same thing.
Mr.
Margeson indicated that he discussed the changes to the Social Services budget
with the
Mr.
Margeson indicated that he has a few more budget adjustments to make, and he hopes
to file the tentative budget on or around September 30. The tax levy has increased approximately
$886,000 or 3.62 percent over last year.
However, the County taxable assessed value has also increased from
$16.40 to $16.57/$1,000 so our projected tax rate increase currently stands at one
(1) percent.
Future Meetings
There will be a Committee of the
Whole meeting from
There
being no further business to come before the committee, the meeting was
adjourned on a motion by Legislator Fanton, seconded by Legislator Dibble and
carried.
Respectfully submitted,
Brenda
Rigby Riehle, Clerk of the Board
Allegany