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HUN 18 #1830 <br />A RESOLUTION REQUESTING THAT LOCAL GOVERNMENT REVENUE <br />SOURCES BE MADE SECURE <br />WHEREAS, the County of Lee is required by North Carolina law to operate and <br />maintain a balanced budget and comply with the provisions of the Local Government <br />Budget and Fiscal Control Act; and <br />WHEREAS, the County of Lee is required to maintain a sufficient fund balance <br />to operate in a fiscally sound manner and to have adequate reserves in case of <br />emergencies; and <br />WHEREAS, the Lee County Board of Commissioners have a responsibility to <br />provide for the health, safety and well being of the citizens of this community by <br />providing necessary services; <br />WHEREAS, the ability of county governments to borrow for capital <br />infrastructure needs is dependent on reliable revenue sources for repayment; and <br />WHEREAS, adequate revenues are required to carry out the above mentioned <br />responsibilities; <br />NOW THEREFORE, BE IT RESOLVED that the Lee County Board of <br />Commissioners respectfully requests that the General Assembly enact legislation that will <br />secure the local government revenue sources and ensure that these revenues are <br />distributed to local governments on a timely basis as set forth by the State's General <br />Statutes. <br />Herbert A. Hincks, Chairman <br />ATTEST: <br />~''Ga'yndll M. Lee, Clerk <br />NORTH CAROLINA, LEE COUNTY ~c <br />(YK registratbn n,a dar <br />20~ at ~ r oy /yWPM <br />recorded 1 Book Q Page ~O <br />Nellie W. Thomas, Register of Deeds <br />