5-20-19 Regular Meeting Minutes - Laserfiche WebLink

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information for an announcement that may occur at the end of August, and is still in discussions with many other projects. No action taken. F. Consideration of adoption of Resolution Suaportina NC Carolina CORE Dr. Crumpton addressed this with the Board. NC Carolina CORE is a corridor between Winston Salem and Fayetteville that has four megasites that offer industrial sites and mixed-use developments. SAGA has requested that the Board adopt a resolution supporting the Carolina CORE. Commissioner Reives made a motion to approve the resolution, a copy of which is attached to these minutes and by this reference made a part hereof. Upon a vote, the results were as follows: Aye: Dalrymple, Del Palazzo, Knecht, Reives, Sharpe, Smith No: None Absent: Dodson The Chair ruled the motion had carried unanimously G. Annual consideration of the contract with SAGA for economic development services for FY2019-2020 In October of 2014, Lee County entered into a contract for economic development services with the Sanford Lee County Partnership for Prosperity, now doing business as SAGA. Since 2014, there have been some modifications and changes to the agreement. The Board of Commissioners has requested to review the agreement each year. The board of directors has been updated as provided by SAGA. The County will hold a public hearing on the expenditures for SAGA on June 3, 2019 at the same time it holds a public hearing on the budget. Commissioner Knecht asked to add two provisions to the contract, one being that SAGA will provide monthly financials to the Board and meeting notes to the Board. No action taken. H. FY2019-2020 Recommended Budaet Presentation County Manager introduced his recommended budget for FY2019-2020. He stated his budget goals, as provided by the Commissioners, included lowering the property tax rate and maintaining commitments to education, law enforcement, and technology. The total requested budget was $84,011,912 and in order to fund all requests it would have resulted in a 12.16 property tax rate increase. Dr. Crumpton then went through the definition and the calculation of the revenue neutral rate. The revenue neutral tax rate is 77.68 and the Manager's proposed tax rate is 77.50. The Manager's total recommended budget is $77,082,778, constituting an increase of $1,918,287 or 2.55 percent from 2018-2019 original budget. Changes of interest included, $1,050,000 current expenses going to the Lee County School Systems. Public safety is going up $471,345, with much of that going to COLAs for the employees and three additional SROs. Significant items funded in the budget include: 2% COLA, funding of the current expenses for the new elementary school, funding of 3 SROs (one for the high school, one for the new elementary, and one community resource officer), funding for economic development initiatives, and funding of K-14 CCCC Initiative. The upcoming budget process includes a budget workshop scheduled June 3 at 4:00 p.m., the public hearing on June 3 at 6:00 p.m. After the public hearing, the Commissioners can adopt the budget at any time, before June 30 at 5:00 p.m. Monday, June 17 is the last scheduled Commissioners meeting for FY2018-2019. : 517