Thursday, May 16, 2019

Cocke Finance Committee
Members of the Cocke County Finance Committee were told during a Wednesday meeting that the county's Capital Projects Fund will be in the red in the next budget unless it is funded with additional revenue. Finance Manager Heather McGaha said the fund will see a $209,000 deficit, and so she suggested taking four cents from the tax rate, currently earmarked for debt service, and move the revenue to capital projects. McGaha said the move would provide an additional $220,000 for capital needs. The Debt Service Fund currently has a balance of $6.1 million. Currently the committee anticipates earmarking $85,000 for leasing sheriff's cruisers in the new budget, $343,000 for a new roof on the courthouse annex and $550,000 for new school buses. McGaha also reported that giving General Fund employees a two percent raise in the new budget would cost about $103,000. The committee heard from the judicial magistrates, who serve in that role while also on duty as county firefighters. They handle judicial warrants when no judge is available. They have asked that their pay per shift be increased to $100 from the current $75. They work 24 hour shifts. And the committee was told two more judicial commissioners are needed. Circuit Court Clerk Kristy Nease submitted a budget which is less than the current budget. She has reduced overtime funding and funding in several other line items. ""We aren't used to people asking for a lower budget," responded committee chair Forrest Clevenger. The committee will meet again at 6 pm on May 23, to further review the overtime funding in the sheriff and fire departments.


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