The raise for county employees will be the first one they have received in six years, although they did receive a one-time bonus in 2012.
Aaron Maynard, finance director, anticipates revenues of $40,804,444 for the fiscal year that began July 1 and will end June 30, 2014. However, expenses are estimated at $42,035,715 budget, requiring the county to pull $1,231,271 from its fund balance in order for the budget to balance.
This will leave the fund balance at approximately $2.9 million, Maynard said. We established a minimum fund balance last year of $2 million, and to go below that would require 17 votes of the county commission.
Included in the budget is roughly $1.8 million in anticipated growth money for discretionary spending on needs items the members of the committee felt must be addressed this coming fiscal year.Those items include:
$261,000 for two new Student Resource Officers for the Lebanon Special School District and two new SRO supervisors $500,000 for the 2.5 percent raise for all county employees$320,000 for three new emergency management techs and three new paramedics to staff the new Mt. Juliet fire station$15,000 for the part-time salaries for the Judicial Commission$65,000 for increased tipping fees to Smith County, which is where household garbage is hauled to from the convenience centers throughout the county$150,000 for food and medical supplies for the jail$38,000 for additional personnel in the following offices: a part-time employee in the Clerk & Masters office; a full-time employee in County Clerks office; a part-time employee in the Trustees office.
After paying for these items, the county has roughly $297,000 in anticipated growth money that was not allocated.
The Budget Committee also approved the Wilson County Board of Educations budget of $115 million, which included $416,000 in growth money to cover the amount needed to give certified staff members a 1.5 percent raise.
To balance, the BOE pulled $826,000 allocated for computers and technology upgrades to meet state requirements for Partnership for Assessment Readiness for College and Careers online testing.
In addition, the BOE had to pull $3,480,051 out of its fund balance to fund recurring expenses such as salaries, opening expenses for new schools, workmans compensation and property and casualty insurance, and new teachers for growth.
This will leave the fund balance at approximately $3.6 million, about $300,000 above 3 percent of their operating expenses.
Both budgets will go before the full county commission at its Monday, Aug. 26, meeting at 7 p.m. in the County Courthouse in Lebanon.