ORD-2003-039 -Budget Amendment #14

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Board action related to the Manager's performance review for 2002-03. The .Board of Commissioners completed the Manager's performance review for 2002-03 and decided- to adjust his salary from $129,629 to $136,110 effective April 14, 2003. This budget amendment enacts the adjustment to the Manager's salary effective April 14, 2003 and authorizes to fund the cost of the adjustment for fiscal year 2002-03, and. (See Attachment 1, column #6) 8. At its June 23, 2003 meeting, the Board of County Commissioners approved an appropriation of $35,000 from the Commissioners' Contingency account to the Lands Legacy Capital Project Fund. This budget amendment provides for the appropriation of $35,000 from the Commissioners' Contingency. After this appropriation, $2,260 remains in this Contingency account for the current fiscal year. (See Attachment 2, Land Legacy Capital Project Ordinance) 112/118 North Churton Street Capital Project Ordinance 9. Some functions of the Clerk of Courts are located at 112 North Churton Street in Hillsborough. At this time last year, the County was leasing that space for the Courts along with office space located at 118 North Churton Street for the Veterans Services office. After the beginning of the current fiscal year, the Board of Commissioners granted approval for the County to issue debt and purchase the buildings in lieu of continuing the lease arrangement. As a point of comparison, the annual lease payments for the building totaled $55,234 while the annual debt service payment for fiscal year 2003-04 is about $66,000 and will decrease annually over the ten-year repayment period. The result of the purchase is that the funds budgeted to pay the monthly lease need to be transferred to cover the partial year cost of debt service. This budget amendment transfers the unexpended lease payments from the Clerk of Courts budget to the County's Debt Service function (See Attachment 1, column #8) One component of purchasing the property included conducting an environmental compliance study of the site. The County paid the cost of the study up-front and the owner agreed to reimburse the County for the associated expenses. The attached capital project ordinance also allows for the reimbursement of those costs, which totaled $58,189. (See Attachment 3, 112/118 North Churton Street Capital Project Ordinance) Register of Deeds 10. Last year, the NC General Assembly approved legislation that required counties throughout the State to earmark ten percent of some of the fees collected by Registers of Deeds for automation efforts. The revenues from this earmarking are set aside in the County's Register of Deeds Automation Enhancement and Preservation Fund Capital Project. At their September 3, 2002 meeting, the Board of County Commissioners approved additional anticipated revenues of $100,000 based on current year collection projections at that time. Since then, the department has experienced higher than anticipated revenues. The additional amount that is earmarked for the Automation Enhancement and Preservation Fund totals $87,000. This budget amendment provides for .these additional revenues in this Capital Project Fund. (See Attachment 4, Automation Enhancement and Preservation Fund Capital Project Ordinance)