RES-2009-056 Resolution of Intent to Adopt the 2009-10 Orange Co Budget

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/ Annual compensation for Commissioners will include a County contribution for each Commissioner to the Deferred Compensation (457) Supplemental Retirement Plan that is the same as the County contribution for non-law enforcement County employees to the State 401 (k) plan. Section IX. Budget Control General Statutes of the State of North Carolina provide for budgetary control measures to exist between a county and public school system. The statute provides: Per General Statute 115C-429: (c) The Board of County Commissioners shall have full authority to call for, and the Board of Education shall have the duty to make available to the Board of County Commissioners, upon request, all books, records, audit reports, and other information bearing on the financial operation of the local school administrative unit. The Board of Commissioners hereby directs the following measures for budget administration and review: That upon adoption, each Board of Education will supply to the Board of County Commissioners a detailed report of the budget showing all appropriations by function and purpose, specifically to include funding increases and new program funding. The Board of Education will provide to the Board of County Commissioners a copy of the annual audit, monthly financial reports, copies of all budget amendments showing disbursements and use of local moneys granted to the Board of Education by the Board of Commissioners. Section X. Internal Service Fund -Dental Insurance Fund The Dental Insurance Fund accounts for the receipt of premium payments from the County for its employees and from the employees for their dependents, and the payment of employee claims and administration expenses. Projected receipts from the County and employees for 2009-10 are $ 394,631 and projected expense for claims and administration for 2009-10 is $439,335. An allocation of $44,704 will be made from reserves in the fund to balance. Section XI. Encumbrances Operating funds encumbered by the County as of June 30, 2009 are hereby re- appropriated to this budget. Section XII. Contractual Obligations The County Manager is hereby authorized to execute contractual documents under the following conditions: 1) The Manager may execute contracts for construction or repair projects which do not require formal competitive bid procedures and for which the amount to be expended does not exceed $25,000. 2) The Manager may execute contracts for general and/or professional services which are within budgeted departmental appropriations, for purchases of apparatus supplies and materials or equipment which are within the budgeted departmental appropriations, and for leases of personal property for a duration of one year or less and within budgeted departmental appropriations for which the amount to be expended does not exceed $25,000.