Thursday, May 17, 2001

Campbell County plans capital fund


County submits balanced budget containing 4% increase

By Terry Flynn
The Cincinnati Enquirer

        NEWPORT — The proposed Campbell County budget for fiscal 2002 only increases 4 percent from the present budget, but features for the first time a capital project fund to take some spending burden away from individual departments.

        “We are developing the necessary sophistication to track this capital project money,” Judge-executive Steve Pendery said Wednesday. “We want to think about the money we have and the best way to spend it. With a capital project fund, we can finance equipment for various departments so the departments don't appear out of line with large budget requests.”

        The other major point Mr. Pendery brought home Wednesday was that the county is coming in with a balanced budget, a nice piece of news considering that in 1999 the then newly-elected judge-executive was facing a deficit of more than $1 million and a cash reserve that would barely cover that shortfall.

        The proposed budget for fiscal 2002 is $23,116,116, an increase of $795,610 — or 3.4 percent — over fiscal 2001. The general fund, which makes up 40 percent of the budget, is $10,678,759, down 5 percent from the current general fund.

        The proposed capital project fund is $2,420,700. Mr. Pendery said the plan is to gradually draw upon cash reserves and transfer that money to the capital project fund to finance needed capital projects.

        Among the projects proposed for the coming fiscal year that would be financed through the new fund are:

        • $600,000 for improvements to the aging Fiscal Court building on Fourth Street, or possibly using the funds to help finance a move to a better, larger facility.

        • $500,000 for the consolidated dispatch center.

        • $145,500 to replace police cruisers.

        • $250,000 for road resurfacing.

        • $200,000 for acquisition of park land.

        “We took recommendations from the various department heads for projects they wanted to include in the capital project fund, and had a few of our own,” Mr. Pendery said.

        “All of the projects probably will not be funded immediately.”

        The new budget, developed by county finance director Larry Sabo and his staff, includes recommendations for up to 4 percent cost-of-living pay raises for county employees, as well as continuation of a phased program to bring county employee salaries in line with similar jobs in the labor market.

        No new hirings are recommended in the 2002 budget.

       



Another suspect shot
Police policy says shooting must be justifiable
RADEL: Shooting burns questions in brain
A snapshot of who we are
Census show Tristate graying
Home buyers look outward, fuel suburbs
Schnitzel-and-a-song landmark closing
Sealed records ignite conflict
- Campbell County plans capital fund
Derby tickets available to Patton's associates
Drug-alcohol lab technician fired
Engineer's error let train go
Ex-officer accused in sex case
Family, teachers recall girl's basketball prowess
Hog manure covers high school; seniors arrested
Holmes senior one of 141 U.S. presidential scholars
Lebanon in quandry over house
Lebanon, Milford plan new schools
Lemon Township man accused in wife's death
Man freed after trial in three killings
Many helpers make playground worth the work
New boss faces issue
OMI head says Shirey interfered in investigation
Prison goes on alert after two stabbings
PULFER: Grieving mom
Regional jail back on table
Sands decision expected Monday
Scott's mental health a concern
Study shows unfunded mandates
Summer job plan grows into wider opportunities
Topless exposure was legal, sheriff says
Town can't decide on mayor, so governor will
UK hopes historic 1882 building can be repaired
Videos therapeutic, jury in porn trial told
Kentucky News Briefs
Tristate A.M. Report