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October 11, 2004 by the equivalent of the 2 percent Cost of Living increase for <br />permanent employees. <br />• Annual compensation for County Commissioners will include the County contribution <br />for health insurance, dental insurance and life insurance that is provided for <br />permanent County employees, provided the Commissioners are eligible for this <br />coverage under the insurance contracts and other contracts affecting these benefits. <br />• County Commissioners' compensation includes eligibility to continue to participate in <br />the County health insurance at term end as provided below: <br />✓ If the County Commissioner has served less than two full terms in office (less <br />than eight years), the Commissioner may participate by paying the full cost of <br />such coverage. (if the Commissioner is age 65 or older, Medicare becomes the <br />primary insurer and group health insurance ends.) <br />✓ If the County Commissioner has served two or more full terms in office (eight <br />years or more), the County makes the same contribution for health insurance <br />coverage that it makes for an employee who retires from Orange County after 10 <br />years service as a permanent employee. If the Commissioner is age 65 or older, <br />Medicare becomes the primary insurer and group health insurance ends. The <br />County makes the same contribution for Medicare Supplement coverage that it <br />makes for a retired County employee with 10 years service. <br />Annual compensation for Commissioners will include a County contribution for <br />each Commissioner to the Deferred Compensation (457) Supplemental <br />Retirement Plan that is the same as the County contribution for non -law <br />enforcement County employees to the State 401(k) plan. <br />Travel expense allowances for Commissioners will be established at $150 per <br />month for the Board Chair and at $125 per month for the other four <br />Commissioners. <br />Section X. Budget Control <br />General Statutes of the State of North Carolina provide for budgetary control measures <br />to exist between a county and public school system. The statute provides: <br />Per General Statute 11 SC -429: <br />(c) The Board of County Commissioners shall have full authority to call for, and <br />the Board of Education shall have the duty to make available to the Board of <br />County Commissioners, upon request, all books, records, audit reports, and <br />other information bearing on the financial operation of the local school <br />administrative unit. <br />The Board of Commissioners hereby directs the following measures for budget <br />administration and review: <br />That upon adoption, each Board of Education will supply to the Board of County <br />Commissioners a detailed report of the budget showing all appropriations by <br />function and purpose, specifically to include funding increases and new program <br />funding. The Board of Education will provide to the Board of County <br />Commissioners a copy of the annual audit, monthly financial reports, copies of all <br />budget amendments showing disbursements and use of local moneys granted to <br />the Board of Education by the Board of Commissioners. <br />