The county is about 278K over budget.

The Council identified a goal of having 2. 5 million in the Rainy Day Fund:  One (1) million in the health insurance reserve fund, and a 15% balance in the major funds.  Also not included in “needs” are infrastructure repairs and replacement, roads and bridges, and unfunded requirements of the departments (including salaries).

AUDIO – Part 1

08:54 Veteran Services – Andy Alexander, Dave Pate. Presentation of Accomplishments, Strategic Plan, Request to convert the part-time position to full-time (approved).

25:20 – – Ross Benson – Redevelopment Commission – Concept for Development.  Will be included in public discussions in the development of the County Comprehensive Plan.

• • Funding to provide revenue for the RDC via Tax Increment Financing (TIF) or other source  will be a “challenge.”  Some areas of the county with a low to moderate-income (LMI) higher than  51%  may be eligible for “planning” grants from OCRA. 
  • Interesting – An income survey in 2017 identified an LMI of 53.1%. As a county, we are below this level, which indicates an upward trend in incomes.
  • The trend in Gross Income – 2011-2021
    
    

52:24 Gnaw Bone Sewer District – Potential financial liabilities to the county.  

AUDIO – Part 2

1:05:55 New Revenue. An adjustment in how Local Income Taxes are distributed results in an expected 500-600K of new revenue in 2025 (1/12 per month). See reference to trend above on increases in Gross Incomes. 

• • Food Fights over what the money should be spent on. Councilman Rudd lobbied for budgeting this money now on mental health services. This was discussed at the Sept 16 Council Meeting.    The financial advisor recommended (approved) this money should be budgeted in a future appropriation. 
  • Susan Bevers (attorney) identified that county money should not be used to pay salaries. of Centerstone employees.

1:40.  Shared Frustration with the process.