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0 0 <br />boot '20 Fic, X61 <br />• General Fund balances in excess of target levels will be transferred to capital reserve <br />funds to provide equity resources to fund the County's capital improvement plan. <br />Competitive Employment <br />• In order to recruit and retain the most qualified employees white ensuring fairness and <br />non-discrimination, Lee County will commit to conducting a comprehensive <br />compensation and classification study every five years. The study shall be based on the <br />complexity and relative worth of each job as well as an extensive market comparability <br />analysis which identifies competitive pay rates for jobs similar in content to those of the <br />County in the labor market in which we compete for our labor supply. <br />• In an effort to maintain competitive rates of pay the County will strive to make annual <br />cost of living adjustments for all employees based on the Consumer Price Index for <br />Urban Wage Earners, Southern Region, Average of All Groups. <br />"Tax rate <br />In an effort to stabilize the County's tax rate, the Board of Commissioners will adopt a <br />tax rate that considers the succeeding four years' anticipated expenditures and will strive <br />not to change the rate until the next revaluation. <br />• The Board of Commissioners prefers to limit the growth of the annual operating budget <br />to an amount which can be accommodated by growth in the tax base as well as other <br />local state and federal revenues, without a tax rate increase, whenever possible. <br />• In an effort to stabilize the County's tax rate, the County will strive to develop and <br />annually review projections of revenues, expenditures and fund balance for the next five <br />years. Longer range projections should be developed as necessary. <br />Adopted this 3rd day of May, 2005. <br />I lcrbert A. Hincks, Chairman <br />AYfEST: <br />ii <br />-Gay'nell)M. Lee, Clerk <br />