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260528 Special Budget Meeting Departmental Remainder Budgeted Revenues and Funded By Expenditures Restricted General County ResourcesRevenues County Services$ 127,527,640$ 33,217,826$ 94,309,81457% Education 43,891,816 - 43,891,81627% Debt Service 15,557,096 5,103,532 10,453,5645% Appropriations to Outside Agencies 17,937,292 3,022,446 14,914,8469% Transfers to Other Funds - - - 0% Special Budget Meeting – May 28, 2026 Contingency 1,524,200 - 1,524,2001% $ 206,438,044$ 41,343,804$ 165,094,240 The Randolph County Board of Commissioners met in special session at 6:00 p.m. at the Historic Courthouse, 145 Worth St., Asheboro, NC. Chairman Darrell Frye, Vice-Chairman Kenny Kidd, Commissioner David Allen, Commissioner Hope Haywood, and Commissioner Lester Rivenbark were present. Also present were County Manager Zeb Holden, Assistant County Manager/Finance Officer Will Massie, Assistant County Manager William Johnson, County Attorney Ben Morgan, Deputy Clerk to the Board Amber Cole, and Clerk to the Board Dana Crisco. The meeting was livestreamed on YouTube. Manager’s Proposed Budget County Manager Zeb Holden explained that this County budget is very frugal. He thanked Will Massie, Assistant County Manager/Finance Officer, and his staff as well as the departments for all the work that had gone into this budget. He asked Mr. Massie to present the highlights of the Proposed FY 2026-27 County Budget. Mr. Massie started his overview noting the need for services is greater than the revenue the County receives. Toyota Battery Manufacturing North Carolina construction has slowed, resulting in lower property tax revenue than could have been expected and resulting in less sales tax being collected. Additionally, ambulance and inspection revenues are less than anticipated. Transfers to both the Water Fund and the RCC Capital Project Fund were eliminated in the FY 26-27 budget. Lower revenues have also been projected overall. Property tax continues to be calculated at 50 cents per $100 valuation. He recommended that the property tax rate should be above revenue neutral going forward to cover the continued loss of revenue sources. Mr. Massie outlined the sales tax collection and discussions at the Legislature regarding limiting property tax levy capacity in the future. Medicaid Hold Harmless is budgeted at $0. It can no longer be relied on as a revenue source. The Proposed Budget includes a cost-of-living adjustment (COLA) of 2% for employees of the County. 5/28/26 Appropriation TypeRequestedProposed Asheboro City SchoolsCurrent Expense$ 8,415,719 $ 8,287,283 Current Capital 647,833 649,511 Construction Capital 450,000 450,000 Randolph County SchoolsCurrent Expense 28,095,429 27,387,633 Current Capital 2,148,167 2,146,489 Construction Capital 1,050,000 950,000 Randolph Community CollegeCurrent Expense 4,118,500 3,618,500 Current Capital 800,000 402,400 For public schools, the budget addresses continuation costs, current expenses, and other needs. Proposed allocations for the schools are as follows: For the FY 2026-27 Proposed Budget, the Capital Improvement Plan has been addressed and there is no new debt being considered. Capital Outlay for this upcoming budget year is approximately $2.8 million to fund essential vehicle replacement for the Sheriff’s Office and ambulance replacements for Emergency Services. Twenty-four new positions were requested (fourteen full-time & ten part-time). There are four new position requests in the proposed budget along with five position reclassifications. Special tax district funds for the Asheboro City Schools District and Archdale-Trinity School District will remain the same as last year. Some of the Fire Departments are asking for a tax increase. Asheboro City Schools Dr. Aaron Woody, Superintendent for the Asheboro City Schools, presented a PowerPoint presentation. He asked for $515,000 in the Continuation Budget due to increases in state salary, retirement, and health insurance. He also asked for $8,415,719 in current expense. The supplemental tax rate was proposed at the same level as the previous year at $.1153 per $100. Capital improvement costs for FY 2026 – 27 are estimated at $1,150,000. Capital Outlay requested is $1,182,175. Dr. Woody gave an update on the South Asheboro Middle School Project and the needs-based public school capital fund grant they had been awarded. He stated that construction was ongoing with anticipated completion in August 2027. He thanked the Board for their continued support. Randolph County School System (RCSS) Budget Presentation Dr. Stephen Gainey, Superintendent of the Randolph County School System, presented the budget requests for the School System. The request of $1,207,232 is for continuation costs, $690,000 to cover Low Wealth funds that were cut at the State level, and $100,000 additional funding for Capital Outlay. This request totals $1,997,232 for FY 26-27. Dr. Gainey thanked the Board for their continued support. 5/28/26 Randolph Community College (RCC) Dr. Shah, President of RCC, presented a PowerPoint presentation. He gave an overview of what RCC has accomplished. He also updated the Board on previously funded Capital projects. He is requesting $4,118,500 for Operational Outlay, $800,000 for Capital Outlay, and $1,643,500 2 for Deferred Maintenance. For future growth, he requested $2,000,000 for the Ai for the Additional Construction Cost Estimate and $10,000,000 for the potential RCC Liberty Education & Workforce Training Center. Dr. Shah thanked the Board for their continued support. Adjournment At 7:21 p.m., on motion of Kidd, seconded by Rivenbark, the Board voted 5-0 to adjourn. ________________________________ ________________________________ Darrell Frye, Chairman Kenny Kidd ________________________________ _________________________________ David Allen Hope Haywood ________________________________ ________________________________ Lester Rivenbark Dana Crisco, Clerk to the Board 5/28/26