Harnett County Industrial Development
Fiscal Year  2006 - 2007 Budget
Acct Code:    110-7100.465 Line Item Description FY 2005-2006 Original Budget FY 2005-2006 Adjusted Budget FY 2006-2007 Departmental Request Request Detail Budget Officer Recommended Board Approved
               
11-00 Salaries & Wages 158,072 163,479 170,379   170,379 170,379
11-11 Car Allowance 7,344 7,344 7,491   7,491 7,491
12-00 Salaries & Wages - Part-time 3,520 3,520 3,520   3,520 3,520
21-00 Group Insurance Expense 16,767 16,767 15,961   15,961 15,961
22-00 FICA Tax Expense 12,924 13,338 13,876   13,876 13,876
23-00 Retirement 7,730 7,994 8,332   8,332 8,332
23-01 Supplemental Retirement 3,161 2,661 3,408   3,408 3,408
26-08 Worker's Compensation 2,534 2,615 2,721   2,721 2,721
30-04 Professional Services[1] 10,000 5,705 24,400   15,000 15,000
       Biotech brochure design and photography       4,000    
       Biotech web page addition       2,000    
       Military brochure design       3,000    
       Military web page addition       1,000    
       Writing promotional support freelance services       14,400    
32-16 Contingency 2,000 1,500 1,000   1,000 1,000
32-17 HFTC (Harnett Forward Together Committee) 653,102 681,102 1,381,800      
       Annual membership dinner       5,000 5,000 5,000
       Emmett Edgerton Industrial Park payment       125,000 125,000 125,000
       Western Harnett Industrial Park principal and interest payments       108,500 108,500 108,500
       Carrying costs on three industrial parks       23,700 23,700 23,700
       Cleanup cost of adjacent industrial park property       15,000 15,000 15,000
       Biotech consultant's fee       30,000 30,000 30,000
       Accounting fees for three corporations       12,000 10,000 10,000
       River Park development costs       20,000 20,000 20,000
       Western Park development costs       50,000 20,000 20,000
       Weave taxes       34,000 34,000 34,000
       Weave facility maintenance carrying costs       80,000 80,000 80,000
       River Park taxes       7,000 7,000 7,000
       Writing promotional/newsletter freelance services       10,800 10,800 10,800
       Begin payments on Weave facility if not sold by February       105,000 105,000 105,000
       2007.  Assumes $2.5 million for 20 years at 8%            
       Weave facility realtor listing fees if facility is sold       18,000 0 0
       West Park taxes       5,000 5,000 5,000
       West Park payment       232,800 232,800 232,800
       Biotech Park       500,000 300,000 300,000
32-59 Industrial Client Entertainment 2,000 4,000 4,000   4,000 4,000
       New and existing industry visits and activities            
32-68 Board Members 500 500 500   500 500
32-76 Industry Appreciation 4,500 6,300 4,500   4,500 4,500
32-79 Economic Development 60,000 47,834 54,000   54,000 54,000
       Champion Hoists Incentive       20,000    
       Other incentives       25,000    
       Land Investigation and evaluation       9,000    
33-45 Contracted Services 9,420 9,420 6,068   6,068 6,068
       Recurring:            
       Kventures Website Maintenance - 4 X $150       600    
       Web Consulting Fees, Ad Resizing And Development       5,000    
       Xerox - Cost Per Copy - 12 X $38.98       468    
41-11 Telephone & Postage 9,810 10,810 12,360   12,360 12,360
       Cell phones       1,260    
       IP phone charges       2,500    
       Land line charges       3,600    
       Postage       5,000    
43-16 Maintenance & Repair - Equipment 1,000 1,000 500   500 500
44-21 Bldg. & Equipment Rent 22,750 23,211 23,353   23,353 23,353
       Recurring:            
       Computer Equipment Rent (L1011) - 12 X $71.46       858    
       Computer Equipment Rent (L1057) - 12 X $130.66       1,568    
       Computer Equipment Rent (L1224) - 12 X $104.58       1,255    
       Computer Equipment Rent (L1241) - 12 X $81.03       973    
       Computer Equipment Rent (L1295) - 12 X $58.24       699    
       West Rentals - Building Rent - 12 X $1500       18,000    
54-26 Advertising/Marketing 40,000 26,000 30,000   30,000 30,000
       Advertising in NC Magazine, Sandhills Business Times, Daily            
       Record, Site Selection Guides and Corporate Relocation            
       Guides, Trade Show sponsorships            
55-12 Printing & Binding 6,000 5,000 6,500   6,500 6,500
       Print Biotech brochure       3,000    
       Print military brochure       3,000    
       Stationery       500    
58-01 Training & Meetings 5,000 5,000 5,000   5,000 5,000
       North Carolina Economic Development Association (NCEDA),             
       regional meetings and other professional development            
58-14 Travel Admin 9,000 9,000 9,000   9,000 9,000
60-33 Materials & Supplies 7,000 7,000 7,800   7,000 7,000
       Replace two office chairs, office supplies, invitations, seminar            
       flyer, proposals, postcards, name tags and internally             
       produced brochures/newsletters for County agency and            
       three corporations            
60-53 Dues & Subscriptions 16,500 17,000 16,700   16,700 16,700
       Chamber Dues            
       North Carolina Economic Development Association (NCEDA)            
       Southeastern Development Commission (SEDC)            
       Research Triangle Regional Partnership (RTRP)            
       North Carolina Citizens for Business & Industry (NCCBI)            
       Various media subscriptions            
60-57 Miscellaneous Expense 100 100 0   0 0
             
Total Proposed Expenditure Budget $1,070,734 $1,078,200 $1,813,169   $1,552,969 $1,552,969
  REVENUES        
               
322.71-01 Recreation Fees 0 0 262,800   262,800 262,800
       Recreation Study       25,000    
       West Park Taxes       5,000    
       West Park Payment       232,800    
353.16-00 Contributions & Donations - Economic Development  2,000 3,800 0   0 0
               
Total Projected Revenues/Approp: $2,000 $3,800 $262,800   $262,800 $262,800
Local/County Appropriations $1,068,734 $1,074,400 $1,550,369   $1,290,169 $1,290,169
Total Projected Revenues/Approp: $1,070,734 $1,078,200 $1,813,169   $1,552,969 $1,552,969

[1]
Department has been allocated $15,000 on the items listed here