May 20, 2010
LINCOLN COUNTY FIRE PROTECTION DISTRICT
Paul Mathews, Chair
#1-CALL TO ORDER/ROLL CALL
Chairman Paul Mathews called the meeting to order at 10:37.
Lisa Lloyd, Clerk
There is a quorum and the agenda was posted on 5-11-10 to comply with the open meeting law. Fire Chief Rick Stever is present.
#2-FY 2010-2011 BUDGET
Dan McArthur reviewed the budget. Total ending fund balance for this year is $150,000. Capital Outlay has been increased to $18,000 in order to fund half of the cost for a vehicle. Services and Supplies is $300,000, which makes the bulk of the carryover funds available if needed. The idea behind budgeting this for expenditure is that it will be available if there is a serious fire need or a need to purchase fire equipment. This money can be reallocated into capital outlay when needed. The Emergency Fund has been increased to $18,700, which will give it a balance of approximately $27,000. Paul asked if a plan will be drawn up this year for a building to house equipment. Rick’s response was that he would like to see a plan put in place to retire some cash to secure property or start a building. Phyllis advised that USDA is a granting agency that would be willing to aid with the building; it would be about 60% of the costs. Ronda made a motion to approve the FY 2010-2011 budget with the above indicated changes; seconded by Ed. All voted in favor.
Paul called for public comment. None is offered.
There being no further business for the Board to attend to Paul adjourned the meeting at 10:53.