In accordance with the North Carolina Local Government Budget and Fiscal Control Act, I (Interim County Manager Robert Murphy) am pleased to submit to you for your consideration the proposed FY 2015-2016 Vance County Budget. North Carolina General Statute 159-13 requires that boards of county commissioners receive proposed budgets as submitted by the duly appointed budget officer no later than the first day of June, and to officially adopt budget ordinances no later than the first day of July of each fiscal year The required formal budget public hearing is recommended for 6:00 p.m. on Monday, June 1, 2015.
Presented herein is the recommended Fiscal Year 2015-2016 Vance County Budget. The General Fund Budget, which includes all tax supported governmental activities, is proposed to be $45,583,600, which represents a 3.2% increase over this year’s adopted budget. The budget provides sufficient funds to continue current service levels and improves the Emergency Services (EMS) by adding a Ll’h EMS unit. Additionally the budget begins to address building maintenance needs for county buildings, which have been deferred during the past few years of the recession. The budget does not require any general fund tax or fee increases. The budget as proposed will maintain the county’s healthy financial condition, with an undesignated fund balance that is projected to be approximately 26.4% of our general fund by the end of FY 2015.
You may download the full budget proposal here: 2015-16-Proposed-Budget – 20150504
and an overview here: FY 15-16 Proposed Budget overview