After a bit of reorganization Tuesday evening, the Campbell County Board of Supervisors started the new year by reviewing its finances and getting a peek at next year’s spending wish list.
Supervisor Steven Shockley ended his turn at the helm Tuesday and members unanimously voted in Altavista representative Super-visor Stan Goldsmith as the new chairman and Concord representative Supervisor Eddie Gunter as vice-chairman. Chairmanship positions rotate annually.
In a brief presentation of the county and school’s 2011 financial audits, Adam Duncan, a senior accountant with the firm Robinson, Farmer, Cox Associates, said Tuesday no significant adjustments were made to the county’s ledgers. He anticipates the county will again be awarded a “Certificate of Achievement for Excellence in Financial Reporting” from the Government Finance Officers Association.
The audit reveals the county has about $52 million in net assets and $13.9 million in the unassigned general fund. According to Duncan, Campbell County is slightly above average when compared to other localities because its unassigned fund balance is about 23 percent of the annual general fund. The unassigned funds are not earmarked for specific purposes.
In preparation for the creation of the next fiscal budget, County Administrator David Laurrell presented more than two dozen priorities to attack in the coming years. While a number of items will have price tags, like making audio-visual improvements to the board room, there are a number that won’t have a cost, like improving customer service.
Two pages worth of items —some of which county residents have wanted for a number of years — are at the top of the county’s to-do list, including providing broadband access, a water line to Thomas Terrace and completing the Timbrook Library.
Supervisors will go through the entire list of Fiscal Year 2013 Priority Initiatives and meet again Jan. 17 to finalize the list. It will guide the county’s finance department in the creation of the next fiscal budget.
In other news:
Supervisors unanimously voted to continue the regular meeting schedule, meeting at 4 p.m. the first Tuesday of each month and reserving the third Tuesday of each month for special meetings as required.
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