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Commissioners Begin Budget Process
Bladen County Commissioners are beginning
the budget process for 2010-2011.
The first step is
to take a look at the past.
Greg Martin
provided the Board with a look at revenues
and expenditures for the
past couple of
years at the most recent budget workshop.
Property taxes
are the major source of County Revenues and
they are expected
to be less this
year than the past couple of years. Sales
Taxes are the second
most important
revenue source:
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'08 Actual
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'09 Actual
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'10
Projections
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Property Taxes
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$18,624,785
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$18,778,963
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$18,497,365
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Sales
Tax
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$6,506,102
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$5,266,498
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$3,842,291
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Interest Income
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$566,849
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$239,188
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$22,129
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Budget
Projections for FY 2009 -10 will end with a
budget deficit of over $2 million.
With the economy
in the doldrums, staff and commissioners are
looking at options.
Martin listed a
few in his preliminary information:
Hiring Freeze
No Capital Outlay
Authorized
Mandated Travel Only
Across the Board
Reduction
Furloughed Days
for Employees
Reduction in
Force
Others/Suggestions
The budget
process has many steps and more working
sessions. The Manager's
suggested budget
is usually available June 1.
Commissioners determine the final
budget and must
approve prior to July 1.
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