Orange County NC Website
18 <br /> 1 Commissioner Jacobs agreed with Chair McKee. He said government spending is like <br /> 2 an accordion that expands and contracts, depending on external pressures or political will. He <br /> 3 said the more easily it can expand, the more likely money is going to be spent. He said the only <br /> 4 way to deal with that is to be rigorous in discussion and understanding of the burden of taxation. <br /> 5 Chair McKee said he would be comfortable with a half percent drop. He said when <br /> 6 working in government, one can never know what tomorrow will bring, and he would prefer to <br /> 7 have a rainy day account. He would not want to see a pattern develop where the fund balance <br /> 8 gets lowered every few years. <br /> 9 Commissioner Burroughs asked if there is consensus on 16.2%. <br /> 10 Chair McKee said he heard no objection and asked if staff could bring this item back in <br /> 11 November. <br /> 12 <br /> 13 4. Adjournment <br /> 14 <br /> 15 A motion was made by Commissioner Rich seconded by Commissioner Burroughs to <br /> 16 adjourn the meeting at 10:26 p.m. <br /> 17 <br /> 18 VOTE: UNANIMOUS <br /> 19 <br /> 20 Earl McKee, Chair <br /> 21 <br /> 22 Donna Baker <br /> 23 Clerk to the Board <br /> 24 <br /> 25 <br /> 26 <br /> 27 <br /> 28 <br /> 29 <br />