THE HUNTER REPORT
Budget Committee Meeting
By: Pat Hunter
The Budget Committee will meet at 1:00 PM Monday, August 31st at the Loudon County Office Bldg., 100 River Rd., Loudon. The budget process continues.
Budget Committee members Chris Park and Harold Duff were a no show at the August 26 Budget Committee meeting. With a quorum present, Budget Committee members Budget Chair Mayor Doyle Arp, and commissioner Don Miller and David Meers spoke informally, no action was taken on the proposed FY 09-10 budget.
Here are some notes regarding the Budget Committee's discussion about the proposed FY 09-10 budget items. The following budget items remain outstanding:
Highway department budget- there was a discussion that it would take 6 cents at the new tax rate to fund the proposed budget. Also, 5 year average at 2.5 instead of 4 cents at old average includes all local dollars. Further discussion with other budget committee members.
County employee pay raise - 2% and/or bracketed 0 percent for calculation purposes.
Animal Shelter- an adjustment to the animal shelter budget because the volunteer coordinator position will no longer be funded by the Humane Society.
Funding request from the Education Foundation. The Education Foundation was founded by the Loudon County Chamber of Commerce. The Budget Committee already made its recommendations to fund existing non-profits and no new funding requests. Now comes the Education Foundation requesting a contribution. Commissioner Miller didn't feel that it was necessary for the Education Foundation to come in. He felt the Budget Committee had information and now its time to make a decision. A letter from the Education Foundation will be requested. A contribution to the Education Foundation could open a multitude of other non-profit seeking public monies.
Revenue budgets, budgeted numbers have been replaced with June 30th numbers, fund balance.
Letter from Sheriff Dept. object codes for one of the drug fund #122 with revised budget.
Pennies to the various budgets; different scenarios with pennies.
State revenues - Hall tax $800,000.
Tourism budget - The Budget Committee recommended contributing $100,000 if Lenoir City would agree to contribute $50,000 but Lenoir City does not follow through. This issue of funding the tourism budget will be revisited by Budget Committee.
Outstanding note $3Million -whether to pay off this note early but that decision will be made later after examining the fund balance and/or pre-payment penalties.
There was an informal discussion about tentative dates, which are subject to change based on commissioners discussion and vote. A September 1 (Tuesday) Commission meeting was mentioned but the News Herald reported that the commission meeting will be held on September 8th.
September 8-11, 2009 - time set aside for commissioners to go to finance office and ask questions about proposed budget.
September 16, 2009 - (Wednesday) 4:00 commission workshop to discuss the proposed FY 09-10 budget.
October 5 Commission meeting - moving the October 5th commission meeting date possibly to October 12, 2009 subject to discussion and vote by commission at Sept. 1 commission meeting. (Note: some commissioners will be on vacation in the month of September and early October).