Cabarrus County budget information, FY15

Learn more about the budget process for fiscal year 2015

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July 2, 2014 — At its June 16 meeting the Cabarrus County Board of Commissioners adopted to maintain the 70 cent ad valorem tax rate and approve the County Manager’s proposed budget with several amendments.
 
To view details of the amendments in their entirety, click here.
 
The total FY15 adopted budget is $220,454,949, of which the adopted FY15 General Fund Budget is $209,643,419.
 
County staff identified the amendments will have a financial impact of $3,920,112 on the proposed FY15 General Fund Budget. The Board of Commissioners has directed staff to move the $3,920,112 into the County’s School Construction Fund for the improvement and construction of facilities. 
 
Commissioners also voted to reallocate funding from the proposed FY15 Capital Projects Fund Budget in the amount of $2.7 million (originally dedicated to updates at Camp T. N. Spencer Park and the construction of Rob Wallace Park) for school improvements and roof repairs.
 
The amendments will also have an impact of $278,721 on the proposed FY15 Special Revenue Fund Budget (Cabarrus Arena and Events Center) and no change to the proposed FY15 Enterprise Fund Budget (Construction and Demolition Landfill).
 
At the May 19 Cabarrus County Board of Commissioners meeting County Manager Mike Downs presented the proposed budget for FY15. The balanced budget included a recommended General Fund Budget of $209,684,590.
 
The Board of Commissioners held budget work sessions on May 27, 29 and June 2, and a public hearing on June 16.
 

Key dates

  • January 24-25: Board of Commissioners Planning Retreat
  • March 12: Special Meeting of the Board of Commissioners
  • April 15: Special Meeting of the Board of Commissioners
  • May 19: County Manager's budget recommendation presented to commissioners
  • May 27, 4  p.m.: Budget Work Session, Government Center Multipurpose Room
  • May 29, 4 p.m.: Budget Work Session, Government Center Multipurpose Room
  • June 2, 4 p.m.: BOC Work Session, Government Center Multipurpose Room
  • June 16, 6:30 p.m.: PUBLIC HEARING ON BUDGET, ​BOC Regular Meeting, Government Center meeting chambers
  • June 30: Final budget deadline

Budget documents

Budget videos

 

​Additional resources

  • FAQ: Have questions about the County’s budget process? Email your question to outreach@cabarruscounty.us and we’ll post the answers as part of our County Budget FAQ.